Novagold Resources (NG) Stock Price, News & Analysis

Company Overview

NovaGold Resources Inc. explores for and develops gold mineral properties in the United States. Its principal asset is the Donlin Gold project consisting of 493 mining claims covering an area of approximately 29,008 hectares located in the Kuskokwim region of southwestern Alaska. The company was formerly known as NovaCan Mining Resources (1985) Limited and changed its name to NovaGold Resources Inc. in March 1987. NovaGold Resources Inc. was incorporated in 1984 and is based in Vancouver, Canada.

Key Stats

• Today's Range: $5.29 to $5.60
• 50-Day Range: $3.53 to $6.11
• 52-Week Range: $2.26 to $6.16
• Volume: 3.37 million shs
• Average Volume: 3.66 million shs
• Market Capitalization: $2.18 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $7.00
• Consensus Rating: 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: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Novagold Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Novagold Resources has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Novagold Resources is -22.33, 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 -22.33, 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 13.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.70% of the float of Novagold Resources has been sold short.

Short Interest Ratio / Days to Cover

Novagold Resources has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Novagold Resources has recently increased by 9.57%, indicating that investor sentiment is decreasing significantly.

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.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.70% of the float of Novagold Resources has been sold short.

Short Interest Ratio / Days to Cover

Novagold Resources has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Novagold Resources has recently increased by 9.57%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.16

News Sentiment

Novagold Resources has a news sentiment score of 0.16. 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 is a lower news sentiment than the 0.60 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Novagold Resources this week, compared to 2 articles on an average week.

Search Interest

Only 6 people have searched for NG on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.

MarketBeat Follows

2 people have added Novagold Resources to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Novagold Resources insiders have bought more of their company's stock than they have sold. Specifically, they have bought $41,000.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 2.88% 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 $3.43 at the beginning of the year. Since then, NG shares have increased by 56.3% and is now trading at $5.36.

How were Novagold Resources' earnings last quarter?

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

Who are Novagold Resources' major shareholders?

Top institutional shareholders of Novagold Resources include Bank Pictet & Cie Europe AG (1.39%), Ruffer LLP (0.10%), Robertson Stephens Wealth Management LLC (0.07%) and Public Employees Retirement System of Ohio (0.02%). Insiders that own company stock include David A Ottewell, Kalidas V Madhavpeddi, Sharon Dowdall, Anthony P Walsh, Ethan Schutt, Diane R Garrett, Hume D Kyle and Gregory A Lang.
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: 7/25/2025
• Next Earnings (Estimated): 10/01/2025
• Fiscal Year End: 11/30/2025

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: $7.00
• High Price Target: $7.00
• Low Price Target: $7.00
• Potential Upside/Downside: +30.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 3 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: -$45.62 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -758.79%
• Return on Assets: -27.68%

Debt

• Debt-to-Equity Ratio: 0.96
• Current Ratio: 76.72
• Quick Ratio: 76.72

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.41 per share
• Price / Book: 13.07

Miscellaneous

• Outstanding Shares: 406,900,000
• Free Float: 395,179,000
• Market Cap: $2.18 billion
• Optionable: Not Optionable
• Beta: 0.67