Gregory Lang - NovaGold Resources CEO
| NG Stock | CAD 4.85 0.05 1.02% |
CEO
Mr. Gregory A. Lang serves as President, Chief Executive Officer, Director of NovaGold Resources Inc. Mr. Lang is President and Chief Executive Officer of the Company. Mr. Lang has over 35 years of diverse experience in mine operations, project development and evaluation, including time as President of Barrick Gold North America, a whollyowned subsidiary of Barrick Gold Corporation . Mr. Lang held progressively responsible operating and project development positions over his 10year tenure with Barrick and, prior to that, with Homestake Mining Company and International Corona Corporationrationration, both of which are now part of Barrick. He holds a BS in Mining Engineering from the University of MissouriRolla and is a Graduate of the Stanford University Executive Program. The Board has determined that Mr. Lang should continue to serve as a Director to gain his insight as an experienced mine engineer, as well as his expertise in permitting, developing and operating largescale assets, and as a successful senior executive of other large goldmining companies since 2012.
| Age | 70 |
| Tenure | 13 years |
| Address | 400 Burrard Street, Vancouver, BC, Canada, V6C 3A6 |
| Phone | 604 669 6227 |
| Web | https://www.novagold.com |
Gregory Lang Latest Insider Activity
Tracking and analyzing the buying and selling activities of Gregory Lang against NovaGold Resources stock is an integral part of due diligence when investing in NovaGold Resources. Gregory Lang insider activity provides valuable insight into whether NovaGold Resources is net buyers or sellers over its current business cycle. Note, NovaGold Resources insiders must abide by specific rules, including filing SEC forms every time they buy or sell NovaGold Resources'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Gregory Lang over two weeks ago Acquisition by Gregory Lang of 8945 shares of Trilogy Metals subject to Rule 16b-3 | ||
Gregory Lang over three months ago Disposition of 224000 shares by Gregory Lang of NovaGold Resources subject to Rule 16b-3 | ||
Gregory Lang over three months ago Acquisition by Gregory Lang of 759 shares of NovaGold Resources at 3.45 subject to Rule 16b-3 | ||
Gregory Lang over six months ago Disposition of 307481 shares by Gregory Lang of NovaGold Resources at 4.1775 subject to Rule 16b-3 |
NovaGold Resources Management Efficiency
The company has return on total asset (ROA) of (0.1283) % which means that it has lost $0.1283 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (17.9148) %, meaning that it generated substantial loss on money invested by shareholders. NovaGold Resources' management efficiency ratios could be used to measure how well NovaGold Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of March 2025, Return On Tangible Assets is likely to grow to -0.45. In addition to that, Return On Capital Employed is likely to grow to -0.31. At this time, NovaGold Resources' Other Current Assets are very stable compared to the past year. As of the 22nd of March 2025, Debt To Assets is likely to grow to 1.31, while Total Assets are likely to drop about 119.9 M.Similar Executives
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| Scott Perry | Centerra Gold | 42 | |
| John McCluskey | Alamos Gold | 65 | |
| BE AccDir | MAG Silver Corp | 62 | |
| Paul Tomory | Centerra Gold | 51 | |
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Management Performance
| Return On Equity | -17.91 | ||||
| Return On Asset | -0.13 |
NovaGold Resources Leadership Team
Elected by the shareholders, the NovaGold Resources' board of directors comprises two types of representatives: NovaGold Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of NovaGold. The board's role is to monitor NovaGold Resources' management team and ensure that shareholders' interests are well served. NovaGold Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, NovaGold Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Thomas Kaplan, Chairman of the Board | ||
| Ethan Schutt, Independent Director | ||
| Richard Williams, VP COO | ||
| Kalidas Madhavpeddi, Independent Director | ||
| Ronald Rimelman, Health, Environment | ||
| Gregory Lang, CEO and President Non-Independent Director, Member of Environment, Health, Safety, Sustainability and Technical Committee and Member of Corporate Communications Committee | ||
| Richard BSc, VP Devel | ||
| Tricia Pannier, Corporate Secretary | ||
| Clynton Nauman, Independent Director | ||
| Peter CFA, CFO VP | ||
| Anthony Walsh, Lead Independent Director | ||
| Benjamin Machlis, VP Counsel | ||
| Sharon Dowdall, Independent Director | ||
| David Ottewell, CFO, Principal Accounting Officer and VP | ||
| Frank Gagnon, Manager Relations | ||
| Igor Levental, Independent Director | ||
| Melanie Hennessey, Vice Communications | ||
| David CA, VP CFO | ||
| Jason Mercier, Manager Relations | ||
| Elaine DorwardKing, Director | ||
| MBE BSc, VP COO | ||
| Diane Garrett, Independent Director |
NovaGold Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is NovaGold Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -17.91 | ||||
| Return On Asset | -0.13 | ||||
| Current Valuation | 1.7 B | ||||
| Shares Outstanding | 334.65 M | ||||
| Shares Owned By Insiders | 26.49 % | ||||
| Shares Owned By Institutions | 59.97 % | ||||
| Number Of Shares Shorted | 3.21 M | ||||
| Price To Earning | (48.33) X | ||||
| Price To Book | 25,740 X | ||||
| EBITDA | (24.91 M) |
Pair Trading with NovaGold Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if NovaGold Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in NovaGold Resources will appreciate offsetting losses from the drop in the long position's value.Moving against NovaGold Stock
| 0.46 | TD | Toronto Dominion Bank | PairCorr |
| 0.46 | WMT | Walmart Inc CDR | PairCorr |
| 0.42 | SMD | Strategic Metals | PairCorr |
The ability to find closely correlated positions to NovaGold Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace NovaGold Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back NovaGold Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling NovaGold Resources to buy it.
The correlation of NovaGold Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as NovaGold Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if NovaGold Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for NovaGold Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NovaGold Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in NovaGold Stock, please use our How to Invest in NovaGold Resources guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.