Novagold Resources (NG) Stock Price, News & Analysis

Company Overview

Novagold Resources Inc. is a mineral exploration and development company headquartered in Vancouver, British Columbia. The firm is focused on advancing large-scale precious metals projects through disciplined project management, environmental stewardship and community engagement. Novagold maintains a lean corporate structure while leveraging partnerships and industry expertise to advance its projects toward production.

The company’s flagship asset is the Donlin Gold project in Alaska, a 50/50 joint venture with Barrick Gold Corporation. Donlin Gold is regarded as one of the largest undeveloped gold deposits globally, with a high-grade resource hosted in favorable geology near existing infrastructure. Novagold and its partner have completed extensive technical studies, environmental baseline work and community consultation programs as part of the permitting process.

In addition to Donlin Gold, Novagold has previously held interests in the Galore Creek copper-gold-silver project in northwestern British Columbia in partnership with Teck Resources. While that project is currently on hold pending market conditions, the company continues to evaluate other high-quality exploration opportunities that align with its focus on long-lived, large-scale deposits.

Founded in 1984, Novagold is led by President and CEO Gregory A. Lang, supported by a board of directors with deep experience in mining finance, project development and environmental management. The company seeks to build value through strategic partnerships, rigorous technical analysis and a commitment to sustainable development practices in the regions where it operates.

Key Stats

• Today's Range: $7.92 to $8.17
• 50-Day Range: $7.73 to $14.20
• 52-Week Range: $3.37 to $14.40
• Volume: 1.64 million shs
• Average Volume: 2.87 million shs
• Market Capitalization: $3.48 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $13.26
• Consensus Rating: Moderate Buy

Novagold Resources Stock Analysis - MarketRank™

Novagold Resources scored higher than 50% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Novagold Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.89, and is based on no strong buy ratings, 8 buy ratings, 1 hold rating, and no sell ratings.

Upside Potential

Novagold Resources has a consensus price target of $13.26, representing about 67.2% upside from its current price of $7.93.

Amount of Analyst Coverage

Novagold Resources has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: Decreasing

Earnings Growth

Earnings for Novagold Resources are expected to decrease in the coming year, from ($0.18) to ($0.37) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Novagold Resources is -30.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Novagold Resources is -30.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Novagold Resources has a P/B Ratio of 19.83. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for NG.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Novagold Resources does not currently pay a dividend.

Dividend Growth

Novagold Resources does not have a long track record of dividend growth.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.51

News Sentiment

Novagold Resources has a news sentiment score of 0.51. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Novagold Resources this week, compared to 1 article on an average week.

Search Interest

Only 18 people have searched for NG on MarketBeat in the last 30 days. This is a decrease of -5% compared to the previous 30 days.

MarketBeat Follows

Only 5 people have added Novagold Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Novagold Resources insiders have not sold or bought any company stock.

Percentage Held by Insiders

1.67% of the stock of Novagold Resources is held by insiders.

Percentage Held by Institutions

57.56% of the stock of Novagold Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

NG Stock Analysis - Frequently Asked Questions

How have NG shares performed this year?

Novagold Resources' stock was trading at $9.32 at the beginning of the year. Since then, NG stock has decreased by 14.9% and is now trading at $7.93.

How were Novagold Resources' earnings last quarter?

Novagold Resources Inc. (NYSEAMERICAN:NG) posted its earnings results on Wednesday, October, 2nd. The mining company reported ($0.03) earnings per share for the quarter, missing analysts' consensus estimates of ($0.02) by $0.01.
Read the conference call transcript.

Who are Novagold Resources' major shareholders?

Novagold Resources' top institutional investors include Principal Financial Group Inc. (1.30%), Bank of New York Mellon Corp (0.16%), Goehring & Rozencwajg Associates LLC (0.16%) and SG Americas Securities LLC (0.03%). Insiders that own company stock include Ethan Schutt, Kalidas V Madhavpeddi, Anthony P Walsh, Elaine J Dorward-King, Hume D Kyle, Gregory A Lang and Dawn Patricia Whittaker.
View institutional ownership trends.

How do I buy shares of Novagold Resources?

Shares of NG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Novagold Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Novagold Resources investors own include Intact Financial (IFC), Constellation Software (CSU), Meta Platforms (META), NVIDIA (NVDA), Wheaton Precious Metals (WPM), Advanced Micro Devices (AMD) and Tesla (TSLA).

Company Calendar

• Last Earnings: 10/02/2024
• Today: 5/05/2026
• Next Earnings (Estimated): 6/24/2026
• Fiscal Year End: 11/30/2026

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Basic Materials
• Industry: MINING - GOLD
• Sub-Industry: Precious Metals
• Current Symbol: NYSEAMERICAN:NG
• Previous Symbol: AMEX:NG
• CIK: 1173420
• Web: www.novagold.com
• Phone: (801) 639-0511
• Fax: 801-639-0509
• Employees: 10
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Novagold Resources: $13.26
• High Price Target: $14.00
• Low Price Target: $12.50
• Potential Upside/Downside: +67.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.89
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.13)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$94.66 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -25.83%
• Return on Assets: -15.06%

Debt

• Debt-to-Equity Ratio: 0.38
• Current Ratio: 88.72
• Quick Ratio: 88.72

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.40 per share
• Price / Book: 19.83

Miscellaneous

• Outstanding Shares: 438,780,000
• Free Float: 431,453,000
• Market Cap: $3.48 billion
• Optionable: Not Optionable
• Beta: 0.76