NG 📈 NovaGold Resources - Overview
Exchange: TO • Country: Canada • Currency: CAD • Type: Common Stock • ISIN: CA66987E2069
NG: Gold, Mining, Exploration
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. Web URL: https://www.novagold.com
Additional Sources for NG Stock
NG Stock Overview
| Market Cap in USD | 1,203m |
| Sector | Basic Materials |
| Industry | Gold |
| GiC Sub-Industry | Gold |
| IPO / Inception |
NG Stock Ratings
| Growth 5y | -55.6% |
| Fundamental | -71.4% |
| Dividend | 0.30% |
| Rel. Strength Industry | -1606 |
| Analysts | - |
| Fair Price Momentum | 3.89 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 | -22.7% |
| Growth Correlation 12m | 58.4% |
| Growth Correlation 5y | -92% |
| CAGR 5y | -14.61% |
| CAGR/Mean DD 5y | -0.30 |
| Sharpe Ratio 12m | 0.14 |
| Alpha | -18.86 |
| Beta | 0.54 |
| Volatility | 52.25% |
| Current Volume | 334.4k |
| Average Volume 20d | 181.8k |
What is the price of NG stocks?
As of December 21, 2024, the stock is trading at CAD 4.77 with a total of 334,400 shares traded.
Over the past week, the price has changed by -6.71%, over one month by -7.07%, over three months by -17.88% and over the past year by -2.27%.
As of December 21, 2024, the stock is trading at CAD 4.77 with a total of 334,400 shares traded.
Over the past week, the price has changed by -6.71%, over one month by -7.07%, over three months by -17.88% and over the past year by -2.27%.
Is NovaGold Resources a good stock to buy?
No, based on ValueRay Fundamental Analyses, NovaGold Resources (TO:NG) is currently (December 2024) a stock to sell. It has a ValueRay Fundamental Rating of -71.40 and therefor a negative outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NG as of December 2024 is 3.89. This means that NG is currently overvalued and has a potential downside of -18.45%.
No, based on ValueRay Fundamental Analyses, NovaGold Resources (TO:NG) is currently (December 2024) a stock to sell. It has a ValueRay Fundamental Rating of -71.40 and therefor a negative outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NG as of December 2024 is 3.89. This means that NG is currently overvalued and has a potential downside of -18.45%.
Is NG a buy, sell or hold?
NovaGold Resources has no consensus analysts rating.
NovaGold Resources has no consensus analysts rating.
What are the forecast for NG stock price target?
According to ValueRays Forecast Model, NG NovaGold Resources will be worth about 4.3 in December 2025. The stock is currently trading at 4.77. This means that the stock has a potential downside of -10.9%.
According to ValueRays Forecast Model, NG NovaGold Resources will be worth about 4.3 in December 2025. The stock is currently trading at 4.77. This means that the stock has a potential downside of -10.9%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 6.5 | 36.3% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 4.3 | -10.9% |