Markus Faber - NovaGold Resources Independent Director

NG Stock  CAD 4.24  0.05  1.17%   

Director

Dr. Markus Faber is an Independent Director of NovaGold Resources Inc. Dr. Faber has over 35 years of experience in finance industry and is the Managing Director of Marc Faber Ltd., an investment advisory and fund management firm. He is an advisor to a number of private investment funds and serves as a director of Ivanplats Limited and Sprott Inc. Dr. Faber publishes a widely read monthly investment newsletter entitled The Gloom, Boom Doom Report and is the author of several books including Tomorrows Gold Asias Age of Discovery. A renowned commentator on global market trends and developments, he is also a regular contributor to several leading financial publications around the world, including Barrons, where he is a member of the Barrons Roundtable since 2010.
Age 70
Tenure 14 years
Professional MarksPh.D
Address 400 Burrard Street, Vancouver, BC, Canada, V6C 3A6
Phone604 669 6227
Webhttps://www.novagold.com
Faber received his PhD in Economics magna cum laude from the University of Zurich. The Board has determined that Dr. Faber should serve as a Director for the Company to benefit from his vast knowledge of economics, global market trends, precious metals and commodities in general.

NovaGold Resources Management Efficiency

The company has return on total asset (ROA) of (0.1008) % which means that it has lost $0.1008 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 18th of April 2024, Return On Tangible Assets is likely to grow to -0.37. In addition to that, Return On Capital Employed is likely to grow to -0.27. At this time, NovaGold Resources' Other Current Assets are very stable compared to the past year. As of the 18th of April 2024, Net Current Asset Value is likely to grow to about 93.1 M, while Total Assets are likely to drop about 145.6 M.
The company has accumulated 124.63 M in total debt with debt to equity ratio (D/E) of 0.94, which is about average as compared to similar companies. NovaGold Resources has a current ratio of 61.99, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist NovaGold Resources until it has trouble settling it off, either with new capital or with free cash flow. So, NovaGold Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like NovaGold Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for NovaGold to invest in growth at high rates of return. When we think about NovaGold Resources' use of debt, we should always consider it together with cash and equity.

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NovaGold Resources Inc. primarily explores for and develops gold mineral properties in the United States. NovaGold Resources Inc. was founded in 1984 and is based in Vancouver, Canada. NOVAGOLD RES operates under Gold classification in Canada and is traded on Toronto Stock Exchange. It employs 12 people. NovaGold Resources (NG) is traded on Toronto Exchange in Canada and employs 13 people. NovaGold Resources is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

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
Markus Faber, Independent Director
Ethan Schutt, Independent Director
Kalidas Madhavpeddi, Independent Director
Rick Nieuwenhuyse, 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
Mlanie Hennessey, IR Contact Officer
Richard BSc, VP Devel
David Deisley, Executive VP, General Counsel and Secretary
Tricia Pannier, Corporate Secretary
Gillyeard Leathley, Non-Independent Director, Sr. Advisor To The Pres and CEO and Chairman of Environment, Health, Safety, Sustainability and Technical Committee
Clynton Nauman, Independent Director
Anthony Walsh, Lead Independent Director
Benjamin Machlis, VP Counsel
Sharon Dowdall, Independent Director
Gerald McConnell, Independent Director
David Ottewell, CFO, Principal Accounting Officer and VP
Igor Levental, Independent Director
Melanie Hennessey, Vice Communications
David CA, VP CFO
Jason Mercier, Manager Relations
Elaine DorwardKing, Director
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.

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When determining whether NovaGold Resources is a strong investment it is important to analyze NovaGold Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NovaGold Resources' future performance. For an informed investment choice regarding NovaGold Stock, refer to the following important reports:
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 tightly coupled 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.
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When running NovaGold Resources' price analysis, check to measure NovaGold Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NovaGold Resources is operating at the current time. Most of NovaGold Resources' value examination focuses on studying past and present price action to predict the probability of NovaGold Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NovaGold Resources' price. Additionally, you may evaluate how the addition of NovaGold Resources to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between NovaGold Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if NovaGold Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NovaGold Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.