(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, a company listed on the NYSE MKT under the ticker symbol NG, is primarily engaged in the exploration and development of gold mineral properties in the United States. One of its most significant assets is the Donlin Gold project, which comprises 493 mining claims spanning approximately 29,008 hectares in the Kuskokwim region of southwestern Alaska. This project is a key component of the company's portfolio, given its potential for large-scale gold production. The Donlin Gold project is situated in a region known for its rich gold deposits, and NovaGold Resources Inc is working to unlock its value through careful exploration and development.
With a history dating back to 1984, NovaGold Resources Inc has undergone significant transformations over the years. Initially known as NovaCan Mining Resources (1985) Limited, the company changed its name to NovaGold Resources Inc in March 1987. This rebranding reflected the company's evolving focus and strategy in the gold mining sector. As a Canadian-based company, with its headquarters in Vancouver, NovaGold Resources Inc is well-positioned to leverage its expertise and experience in the North American mining industry. The company's common stock is listed under the ISIN code CA66987E2069, and it operates within the Gold sub-industry, as classified by the Global Industry Classification Standard (GICS).
NovaGold Resources Inc's website, https://www.novagold.com, provides detailed information about the company's operations, projects, and financial performance. Investors and stakeholders can access a range of resources, including news releases, presentations, and reports, to stay informed about the company's progress and developments. As a publicly traded company, NovaGold Resources Inc is committed to transparency and accountability, ensuring that its stakeholders have access to accurate and timely information about its activities and results.
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 | -71.7% |
Fundamental | -9.77% |
Dividend | - |
Rel. Strength Industry | 0.27 |
Analysts | 3.67/5 |
Fair Price Momentum | 2.41 USD |
Fair Price DCF | - |
NG Dividends
No Dividends PaidNG Growth Ratios
Growth Correlation 3m | -70.6% |
Growth Correlation 12m | 47.7% |
Growth Correlation 5y | -92.4% |
CAGR 5y | -19.62% |
CAGR/Mean DD 5y | -0.42 |
Sharpe Ratio 12m | 0.36 |
Alpha | -11.04 |
Beta | 0.79 |
Volatility | 48.58% |
Current Volume | 1749.1k |
Average Volume 20d | 1863.9k |
As of January 29, 2025, the stock is trading at USD 3.06 with a total of 1,749,116 shares traded.
Over the past week, the price has changed by -7.27%, over one month by -6.42%, over three months by -15.70% and over the past year by +9.29%.
Neither. Based on ValueRay Fundamental Analyses, NovaGold Resources is currently (January 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of -9.77 and therefor a neutral outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NG as of January 2025 is 2.41. This means that NG is currently overvalued and has a potential downside of -21.24%.
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 2.7 in January 2026. The stock is currently trading at 3.06. This means that the stock has a potential downside of -13.4%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 7.5 | 145.1% |
Analysts Target Price | 7.5 | 145.1% |
ValueRay Target Price | 2.7 | -13.4% |