(NG) NovaGold Resources - Ratings and Ratios
Exchange: NYSE MKT • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA66987E2069
NG: Gold, Mineral, Properties
NovaGold Resources Inc. (NYSE MKT: NG) is a Canadian gold exploration and development company with a focus on advancing its cornerstone asset, the Donlin Gold project in Alaska. As a junior mining company, NovaGold operates in the early stages of the gold mining lifecycle, which comes with its own set of risks and opportunities.
The Donlin Gold project, in which NovaGold owns a 50% interest, is one of the largest undeveloped gold deposits in the world. Spanning 29,008 hectares across the Kuskokwim and Mt. McKinley Recording Districts, the project holds significant potential due to its strategic location in a mining-friendly jurisdiction. The resource estimate includes 39 million ounces of gold in the measured and indicated categories, with an additional 2 million ounces in the inferred category.
NovaGold’s joint venture partner on the Donlin Gold project is Barrick Gold, one of the largest and most experienced gold mining companies globally. This partnership not only brings operational expertise but also shares the capital burden, which is critical for a project of this scale.
Founded in 1984 and headquartered in Vancouver, Canada, NovaGold has a long history in the mining sector. The company’s market capitalization is approximately $1.1 billion USD, reflecting its position as a developer of a major gold asset. However, with no current production, the company’s valuation is heavily tied to the future success of the Donlin Gold project.
For investors, NovaGold represents a high-risk, high-reward proposition. The company’s stock price is sensitive to gold prices, making it a leveraged play on gold. However, the lack of current cash flow and the significant capital expenditures required to bring Donlin Gold into production are key considerations for investors.
Website: https://www.novagold.com
Exchange: NYSE MKT
Type: common stock
Country Origin: Canada
GICS Sub Industry: Gold
Additional Sources for NG Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
NG Stock Overview
Market Cap in USD | 1,107m |
Sector | Basic Materials |
Industry | Gold |
GiC Sub-Industry | Gold |
IPO / Inception | 2003-12-04 |
NG Stock Ratings
Growth 5y | -54.9% |
Fundamental | -33.3% |
Dividend | 0.0% |
Rel. Strength Industry | 40.7 |
Analysts | 3.67/5 |
Fair Price Momentum | 2.86 USD |
Fair Price DCF | - |
NG Dividends
No Dividends PaidNG Growth Ratios
Growth Correlation 3m | -51.5% |
Growth Correlation 12m | 2.8% |
Growth Correlation 5y | -93.1% |
CAGR 5y | -12.83% |
CAGR/Max DD 5y | -0.16 |
Sharpe Ratio 12m | 1.28 |
Alpha | 27.01 |
Beta | 0.49 |
Volatility | 52.40% |
Current Volume | 2591.3k |
Average Volume 20d | 2102.1k |
As of March 14, 2025, the stock is trading at USD 3.45 with a total of 2,591,301 shares traded.
Over the past week, the price has changed by +3.29%, over one month by +2.99%, over three months by +1.47% and over the past year by +33.20%.
Probably not. Based on ValueRay Fundamental Analyses, NovaGold Resources (NYSE MKT:NG) is currently (March 2025) not a good stock to buy. It has a ValueRay Fundamental Rating of -33.27 and therefor a somewhat negative outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NG as of March 2025 is 2.86. This means that NG is currently overvalued and has a potential downside of -17.1%.
NovaGold Resources has received a consensus analysts rating of 3.67. Therefor, it is recommend to hold NG.
- Strong Buy: 1
- Buy: 0
- Hold: 2
- Sell: 0
- Strong Sell: 0
According to ValueRays Forecast Model, NG NovaGold Resources will be worth about 3.1 in March 2026. The stock is currently trading at 3.45. This means that the stock has a potential downside of -9.28%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 7.5 | 117.4% |
Analysts Target Price | 7.5 | 117.4% |
ValueRay Target Price | 3.1 | -9.3% |