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Novagold Resources Inc

Novagold Resources Inc. is a public company that is involved in the exploration and development of gold properties in North America. The company's primary focus is on its Donlin Gold project, which is located in Alaska and is considered to be one of the largest and highest-grade undeveloped gold deposits in the world.

Novagold Resources Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol "NG". The company's market capitalization is currently around $1.6 billion, making it a mid-sized player in the gold mining industry.

The company's financial performance has been somewhat volatile in recent years, reflecting the ups and downs of the gold market. In 2020, the company reported a net loss of $38.5 million, compared to a net loss of $44.9 million in 2019. However, the company has a strong balance sheet, with cash and cash equivalents of $164.5 million as of December 31, 2020.

Novagold Resources Inc. is led by a management team with extensive experience in the gold mining industry, including President and CEO Gregory A. Lang. The company's board of directors includes several industry veterans, as well as representatives from major shareholders such as Newmont Corporation and Barrick Gold Corporation.

Overall, Novagold Resources Inc. is a significant player in the gold mining industry, with a focus on the exploration and development of high-grade gold deposits in North America. The company's financial performance is closely tied to the price of gold, and investors should carefully consider the risks and uncertainties associated with the gold mining industry before investing in Novagold Resources Inc.