(NG) NovaGold Resources - Ratings and Ratios
Exchange: TO • Country: Canada • Currency: CAD • Type: Common Stock • ISIN: CA66987E2069
NG: Gold, Mining, Exploration
NovaGold Resources Inc. is a Canadian gold exploration and development company with a primary focus on advancing one of the largest undeveloped gold deposits in the world. The company’s crown jewel is the Donlin Gold project, located in the Kuskokwim region of southwestern Alaska. This project spans 493 mining claims and covers an area of approximately 29,008 hectares, making it a significant landholding in a highly prospective region.
The Donlin Gold project, which NovaGold owns and operates in a joint venture with Barrick Gold, holds an estimated 39 million ounces of gold in measured and indicated resources. This deposit is not only large but also high-grade, with grades significantly above the global average for open-pit gold mines. The project’s scale and grade position it as a potential Tier 1 asset, a rarity in today’s gold mining landscape.
NovaGold’s strategy is centered around advancing Donlin Gold through the permitting and development process while also exploring for additional gold discoveries within its extensive land package. The company benefits from a management team with deep expertise in gold exploration, development, and operations, as well as a strong financial position to support its growth plans.
From an investor’s perspective, NovaGold offers exposure to a large, long-life gold asset in a stable jurisdiction. The company’s market capitalization of approximately 1.589 billion CAD reflects the significant value attributed to the Donlin Gold project. However, as with any mining company, investors should consider the risks associated with permitting, development timelines, and operational execution.
Additional Sources for NG Stock
NG Stock Overview
Market Cap in USD | 1,184m |
Sector | Basic Materials |
Industry | Gold |
GiC Sub-Industry | Gold |
IPO / Inception |
NG Stock Ratings
Growth 5y | -52.6% |
Fundamental | -35.4% |
Dividend | 0.30% |
Rel. Strength Industry | 42.8 |
Analysts | - |
Fair Price Momentum | 4.06 CAD |
Fair Price DCF | - |
NG Dividends
Dividend Yield 12m | 0.00% |
Yield on Cost 5y | % |
Annual Growth 5y | 0.00% |
Payout Consistency | 1.0% |
NG Growth Ratios
Growth Correlation 3m | -43.7% |
Growth Correlation 12m | 11.8% |
Growth Correlation 5y | -92.7% |
CAGR 5y | -12.79% |
CAGR/Max DD 5y | -0.16 |
Sharpe Ratio 12m | 0.90 |
Alpha | 21.51 |
Beta | 0.49 |
Volatility | 50.82% |
Current Volume | 240.2k |
Average Volume 20d | 244.2k |
As of March 15, 2025, the stock is trading at CAD 4.82 with a total of 240,213 shares traded.
Over the past week, the price has changed by -5.68%, over one month by +7.83%, over three months by -1.23% and over the past year by +37.71%.
Probably not. Based on ValueRay Fundamental Analyses, NovaGold Resources (TO:NG) is currently (March 2025) not a good stock to buy. It has a ValueRay Fundamental Rating of -35.41 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 4.06. This means that NG is currently overvalued and has a potential downside of -15.77%.
NovaGold Resources has no consensus analysts rating.
According to ValueRays Forecast Model, NG NovaGold Resources will be worth about 4.4 in March 2026. The stock is currently trading at 4.82. This means that the stock has a potential downside of -8.3%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 6 | 24.5% |
Analysts Target Price | - | - |
ValueRay Target Price | 4.4 | -8.3% |