(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

Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle

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
What is the price of NG stocks?
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%.
Is NovaGold Resources a good stock to buy?
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%.
Is NG a buy, sell or hold?
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 4.4 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%