On this page of Benford's Law Stocks.com we present our study of NOVAGOLD RESOURCES INC — ticker symbol NG. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 1/27/2021 to 10/1/2025 for NOVAGOLD RESOURCES INC under CIK number 0001173420. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for NG, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for NOVAGOLD RESOURCES INC based on the past NG filings our system processed in the past.
25.9
19.9
14.2
10.3
7.2
5.4
6.3
4.7
6.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, NG stockholder letter ]
Total numbers found: 572
Recent share count: 406,897,647 (4's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
572
Normal-to-low count compared to other filers, above the bottom quartile. At this number count, it would take about 6 numbers to move any given column by a full percentage point.
83

Starting from a possible score of 100, we made the following score deductions:
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 9's percentage was above the company's typical historical range.
Benford's Law Stocks Indicator
NG
Normal score compared to other filers, falling within the middle 50%.
VSTM
ZM
SUI
OBIO
WRAP
GTE
UAVS
SOWG
Check our work! We provide our NOVAGOLD RESOURCES INC Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the NG filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 148 numbers that start with the digit 1. Here they are:
1,530
126,166
102,754
109,753
1,371
162,622
151,522
1,161
168,273
157,169
1,989,245
134,941
177,112
109,753
16,900
18,982
16,212
13,729
13,729
11,100
11,132
1,240
1,194
14
1,708
15,646
10,587
156
15,646
10,743
15,646
10,695
11
15,646
10,743
16,212
11,100
11,132
13
18
1,668
196
160
134
10,609
185,000
134,000
193,000
18,513
10,198
10,604
1,434
11,168
157
174
157
174
15,945
177
1,989,245
1,991,375
1,410
1,410
132,941
165,277
15,646
15,646
134,941
177,112
1,986,938
124
1,283
1,283
10,318
10,318
15
15
1,988,221
16,117
13
17
17
13,700
13,700
1,988,472
136
157
157
10,743
10,743
1,989,245
100,000
1,000,000
10
10
15,806
137
128
12
11
193,838
18,513
10,198
10
1,058
1,947
1,020
1,207
1,530
102
119
162,622
158,916
100,000
159
176
169
1,161
17,173,853
1,434
170,000
1.55
1,006
1,624
193
1,015
1,005
17
17
16,900
18,982
18
13
14
1,708
1,200
1,745
1,982
1,971,035
154,766
16,838
1.96
1.76
1,633,500
102,100
13,333,334
1,956
19,688
We found 114 numbers that start with the digit 2. Here they are:
2
2
214,948
2,597
2,225
2,129
2,482
220
2,251,186
2,183,969
2,104,932
25,046
25,106
2,814
28,747
28,747
22
2,814
2,000
21
2
254
279
220
2,864
210,050
210,050
260,150
2,805
235,611
26,915
270,754
25,481
259,504
2
235,567
293,736
2,104,932
25,106
2,130
2,130
2,114,048
25,602
234,105
234,105
225
225
2,225,705
2,168,323
25,046
2,000
2,000
25,481
25,481
2,251,186
2,183,969
25,046
2,059,311
24,471
2,409
2,409
2,069,629
24,456
2,395
2,395
27
27
224
224
2,083,329
24,489
27,472
2,094,072
24,441
25,000
25,000
200,000
2,597
210,050
210,050
2,675
202,600
2,814
2,864
214,948
214,948
22
212
221
2
244
243,839
26,915
200,000
25,500,000
2
2,000
2,038
2,055
2,417
2,313
21
2,440
209
203
2,000
2,074,300
29.7
29.2
2.60
2,074,300
201
227
223
We found 81 numbers that start with the digit 3. Here they are:
345,385
335
345,385
33,112
33,112
39,607
3,827
3,833
3,860
33,906
34,761
30
34,731
334,520
364,000
334,422
34,761
39,607
3,827
3,833
3
32
340
357
319
36
334,567
334,646
39,607
39,607
399,720
333,247
334,371
33
33
334,431
334,567
37,809
3,454
3,071
374
32
30
3,504
3,504
3,745
39,185
32,654
3,747
34,597
37
3,398
3,387
3,706
335
325
3.75
3.75
3.75
3.00
3.00
3.97
39,607
39,607
3,398
3,387
3,227
353
3,134
39
3,088,700
3.64
3.3
3.0
306,300
39,607
365
3,871
3,445
39,607
39,607
4's 5's 6's
We found 59 numbers that start with the digit 4. Here they are:
4
406,926,988
42,224
4,271
4,402
413
4,689
4,486
47,416
4,265
48
406,508
4,393
41
427
4,039
44
42,224
45,749
45,572
45,572
47,416
496
496
406,898
47
48
48
40
40
4,248
408
44,148
4,271
4,402
413
400
47,850,000
4,393
4,142
41
485
4,394
4.40
4.48
4,503,780
4,121
48.7
4.29
471
4.35
4.65
42.5
4.22
4.41
4.20
4,919
420
437
We found 41 numbers that start with the digit 5. Here they are:
58,169
59,000
5,120
515
5,319
50
502
58
59
59
5
5
52,568
58,169
58,169
56,126
50
54,275
54,275
556
556
515
515
50
50
5
51.20
515
5,319
5,831
5,120
515
5,319
5.40
52.9
5,677
5,308,654
5.32
54.8
533
537
We found 31 numbers that start with the digit 6. Here they are:
67,000
6,279
670
60
662
6
60,000
6,996
65,024
60
60
60
60
64,000
651
637
6,186
6
6
6,279
662
670
69
6.12
6.53
6.70
6.70
63.2
645
651
6,375,000
7's 8's 9's
We found 36 numbers that start with the digit 7. Here they are:
7,450
7,934
7,934
79,037
79,037
78,977
79,037
7,450
743
7
703
741
7,992
743
79
7,178
773
773
75,000
75,000
75,000
75,000
75,000
7,301
771
761
7,177,500
7,177,500
727
7
743
743
730
70
7.19
78.3
We found 27 numbers that start with the digit 8. Here they are:
855
8
86
854
80,000
8,100
82
81
81
88,621
8,223
89,747
800,000
8,100
8,672
820
88
89
896
85
876
8
8,849,535
849,200
8,213
849,200
886,800
We found 35 numbers that start with the digit 9. Here they are:
997
962
93,377
9,765
922
9,765
945
978
903
92,000
952
93,377
983
983
9,116
9,116
92,149
91,874
91,459
980
9,070
9,327
9,765
9,070
965
997
90,000
962
9,734
945
978
922
9,812,434
9,902
952
While the above NG 10Q Filed 10/1/2025 is interesting in isolation, we have found that it is also useful to take a look at older NOVAGOLD RESOURCES INC filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 10/1/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical NG 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

25.9
19.9
14.2
10.3
7.2
5.4
6.3
4.7
6.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 572

= Typical NG range from 1/27/2021 to 10/1/2025
27.9
17.4
12.8
12.7
9.3
4.1
6.9
6.0
2.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 685

= Typical NG range from 1/27/2021 to 10/1/2025
27.4
21.6
12.9
8.1
6.8
4.8
7.4
7.7
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 70
XBRL?   [ original filing ]
Total numbers found: 310

= Typical NG range from 1/27/2021 to 10/1/2025
28.1
22.3
11.1
7.3
6.4
5.4
9.4
7.1
3.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 73
XBRL?   [ original filing ]
Total numbers found: 467

= Typical NG range from 1/27/2021 to 10/1/2025
27.1
19.3
11.3
6.4
5.3
11.1
7.8
6.6
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 64
XBRL?   [ original filing ]
Total numbers found: 487

= Typical NG range from 1/27/2021 to 10/1/2025
29.0
18.1
15.3
9.1
4.9
7.6
6.9
3.8
5.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 634

= Typical NG range from 1/27/2021 to 10/1/2025
30.1
17.2
13.3
6.8
7.4
7.1
11.0
5.2
1.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 55
XBRL?   [ original filing ]
Total numbers found: 309

= Typical NG range from 1/27/2021 to 10/1/2025
25.4
20.2
14.2
9.0
7.3
7.3
5.8
5.8
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL?   [ original filing ]
Total numbers found: 535

= Typical NG range from 1/27/2021 to 10/1/2025
27.2
18.7
17.4
9.3
7.5
4.7
4.9
5.1
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 507

= Typical NG range from 1/27/2021 to 10/1/2025
28.7
18.8
13.1
9.9
10.4
4.3
6.4
5.9
2.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 79
XBRL?   [ original filing ]
Total numbers found: 656

= Typical NG range from 1/27/2021 to 10/1/2025
24.8
24.8
8.7
6.8
12.4
4.7
8.4
3.7
5.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 38
XBRL?   [ original filing ]
Total numbers found: 322

= Typical NG range from 1/27/2021 to 10/1/2025
29.0
18.0
11.6
7.5
6.8
5.5
9.9
7.9
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 69
XBRL?   [ original filing ]
Total numbers found: 455

= Typical NG range from 1/27/2021 to 10/1/2025
34.0
17.5
9.8
9.0
5.6
10.4
6.5
4.6
2.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 71
XBRL?   [ original filing ]
Total numbers found: 479

= Typical NG range from 1/27/2021 to 10/1/2025
30.0
15.2
14.0
7.7
4.4
9.2
7.5
6.0
5.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 74
XBRL?   [ original filing ]
Total numbers found: 663

= Typical NG range from 1/27/2021 to 10/1/2025
25.0
19.3
13.9
10.1
4.7
5.1
7.0
6.6
8.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 40
XBRL?   [ original filing ]
Total numbers found: 316

= Typical NG range from 1/27/2021 to 10/1/2025
28.3
18.4
13.9
8.6
6.0
6.2
7.7
7.1
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 467

= Typical NG range from 1/27/2021 to 10/1/2025
26.6
22.2
13.0
7.3
5.7
7.9
5.9
6.5
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 492

= Typical NG range from 1/27/2021 to 10/1/2025
29.3
19.1
14.6
7.5
7.6
5.6
7.5
4.6
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 628

= Typical NG range from 1/27/2021 to 10/1/2025
25.7
19.1
12.9
5.3
9.4
6.0
13.8
3.8
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 21
XBRL?   [ original filing ]
Total numbers found: 319

= Typical NG range from 1/27/2021 to 10/1/2025
31.7
14.8
12.6
8.5
9.0
7.6
6.7
5.6
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL?   [ original filing ]
Total numbers found: 445

= Typical NG range from 1/27/2021 to 10/1/2025
 

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