NovaGold Resources
NG
$2.94
Share price
1.38%
Change (1 day)
-45.96%
Change (1 year)
Categories
Operating Margin for NovaGold Resources (NG)
Operating Margin as of April 2024 (TTM): -49,262.60%
According to NovaGold Resources 's latest financial reports and stock price the company's current Operating Margin is -49,262.60%. At the end of 2011 the company had an Operating Margin of -49,262.59%.
Operating Margin history for NovaGold Resources from 2001 to 2011
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2011 | -49,262.59% | 44.15% |
| 2010 | -34,175.29% | 592.32% |
| 2009 | -4,936.36% | 13.78% |
| 2008 | -4,338.33% | 400.56% |
| 2007 | -866.69% | 124.44% |
| 2006 | -386.16% | 69.1% |
| 2005 | -228.37% | 1.92% |
| 2004 | -224.07% | -16.12% |
| 2003 | -267.13% | 114.48% |
| 2002 | -124.54% | -1577.29% |
| 2001 | 8.43% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Hecla Mining
HL | -7.21% | -99.99% | 🇺🇸 USA |
 Seabridge Gold
SA | 0.00% | N/A | 🇨🇦 Canada |
 Endeavour Silver EXK | 11.87% | -100.02% | 🇨🇦 Canada |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.