NovaGold Resources (NG) Stock Price, News & Analysis

Company Overview

Novagold Resources Inc is a mineral exploration company engaged in the exploration and development of mineral properties. The company owns 50% of the Donlin Gold project, which is located in southwestern Alaska, approximately 20 kilometers north of the village of Crooked Creek on the Kuskokwim River.

Key Stats

• Today's Range: C$13.38 to C$14.18
• 50-Day Range: C$7.11 to C$14.15
• 52-Week Range: C$3.22 to C$14.54
• Volume: 1.28 million shs
• Average Volume: 504,116 shs
• Market Capitalization: C$5.70 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$10.00
• Consensus Rating: Moderate Buy

NovaGold Resources Stock Analysis - MarketRank™

NovaGold Resources scored higher than 19% 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: 1.7 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

NovaGold Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Downside Risk

NovaGold Resources has a consensus price target of C$10.00, representing about 28.6% downside from its current price of C$14.01.

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 -56.04, 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 -56.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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.

Sustainability and ESG

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

Short Interest

There is no current short interest data available for NG.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.57

News Sentiment

NovaGold Resources has a news sentiment score of 0.57. 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 11 news articles for NovaGold Resources this week, compared to 2 articles on an average week.

Search Interest

50 people have searched for NG on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added NovaGold Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 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 C$27,399.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

26.46% of the stock of NovaGold Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 30.71% of the stock of NovaGold Resources is held by institutions.

NG Stock Analysis - Frequently Asked Questions

How have NG shares performed this year?

NovaGold Resources' stock was trading at C$4.81 at the beginning of the year. Since then, NG stock has increased by 191.3% and is now trading at C$14.01.

How do I buy shares of NovaGold Resources?

Shares of NG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

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 Crescent Energy (CRGY), Chubb (CB), Capricor Therapeutics (CAPR), Bioventus (BVS), Butterfly Network (BFLY), AstraZeneca (AZN) and Austin Gold (AUST).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: Precious Metals
• Current Symbol: TSE:NG
• CIK: N/A
• Web: www.novagold.com
• Phone: 604-669-6227
• Fax: N/A
• Employees: 10
• Year Founded: N/A

Price Target and Rating

• Average Price Target for NovaGold Resources: C$10.00
• High Price Target: C$10.00
• Low Price Target: C$10.00
• Potential Upside/Downside: -28.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 3 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.25)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -C$32.52 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: 141.66%
• Return on Assets: -12.05%

Debt

• Debt-to-Equity Ratio: -321.52
• Current Ratio: 22.91
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: C($0.14) per share
• Price / Book: -98.80

Miscellaneous

• Outstanding Shares: 406,927,000
• Free Float: N/A
• Market Cap: C$5.70 billion
• Optionable: N/A
• Beta: 1.73