Novagold Resources Inc. NG

7.13 (0.01) (0.14%) as of 25 Sep
Market cap
$3.2B
P/E
0.0×
Insider Buys alert about insiders buying in the last 12 month

Insider Decisions

Total buys 0.24
Total sells 0.00
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — 2 — — — — — — —
Sell — — — 1 — — — — — — — —
Insider Ownership 23.14%

Capital & Financial Ratios

Market Cap 3,150.00
Revenue 0.99
Net Income (72.20)
Free Cash Flow (18.60)
Net Debt (196.57)
Current Ratio 112.82
Debt/Equity 0.41
P/E ratio 0.00
P/S ratio 0.00
P/B ratio 7.43
Past 5Y EPS Growth (9.87%)
This Y EPS Growth 38.00%
Next Y EPS Growth (66.13%)
Next 5Y EPS Growth 30.20%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 126 101 115 370
Receivables — — — —
Inventory — — — —
Other 1 2 2 6
127 103 117 376
2023 2024 2025 Q'26
Payables 1 1 2 1
ST’ Debt — — — —
Other 0 0 0 0
4 4 5 3
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — —
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value (6.75%) 8.15% 76.28%

Revenue

Year
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Feb May Aug Nov Year
’26 (5) (6) — — —
’25 (5) (2) (1) (6) (14)
’24 (5) (1) (4) (2) (13)
’23 (4) 0 (1) (2) (8)
’22 (6) (2) (2) (2) (12)
’21 (4) (2) (2) (2) (10)
’20 (3) (2) (2) (3) (10)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Feb May Aug Nov Year
’26 (5) (6) — — —
’25 (5) (2) (1) (6) (14)
’24 (5) (1) (4) (2) (12)
’23 (4) 0 (1) (2) (7)
’22 (6) (2) (2) (2) (12)
’21 (4) (2) (2) (2) (10)
’20 (3) (2) (2) (3) (10)
in millions of $ · fiscal quarters ending in the months shown

EPS

Feb May Aug Nov Year
’26 (0.04) (0.06) — — —
’25 (0.03) (0.15) (0.04) (0.03) (0.25)
’24 (0.03) (0.04) (0.03) (0.03) (0.14)
’23 (0.03) (0.04) (0.03) (0.03) (0.14)
’22 (0.03) (0.04) (0.05) (0.04) (0.16)
’21 (0.02) (0.03) (0.04) (0.03) (0.12)
’20 (0.02) (0.02) (0.04) (0.02) (0.10)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
3.50 3.35 3.41 3.42 4.65 6.40 4.06 3.25 2.23 2.26

Analyst estimates 2026–2028

Powerpack
Low Price
7.29 6.21 5.05 9.21 12.85 10.45 8.36 6.98 4.88 10.90
High Price
13 13 13 12 13 14 13 13 14 12
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
— — — — — — — — — —
Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% — — —
Gross Margin
(34) (37) (31) (26) (34) (40) (53) (47) (45) (95)
EBT
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBT Margin
(34) (39) (113) (28) (34) (41) (53) (47) (46) (95)
Net Income
— — — — — — — — — —
Depreciation
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Revenue/Sh
(0.11) (0.12) (0.35) (0.09) (0.10) (0.12) (0.16) (0.14) (0.14) (0.25)
Earnings/Sh
(0.02) (0.03) (0.03) (0.02) (0.03) (0.03) (0.04) (0.02) (0.04) (0.04)
Cash Flow/Sh
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Capex/Sh
(0.02) (0.03) (0.03) (0.02) (0.03) (0.03) (0.04) (0.02) (0.04) (0.04)
Free CF/Sh
0.94 0.88 0.50 0.42 0.34 0.24 0.09 (0.02) (0.14) 0.44
Book Value/Sh
320 322 322 326 329 332 333 334 334 375
Shares
— — — — — — — — — —
PE Ratio
— — — — — — — — — —
PS Ratio
— — — — — — — — — —
PB Ratio
— — — — — — — — — —
EV/Sales
— — — — — — — — — —
EV/FCF
(7) (8) (10) (6) (10) (10) (12) (8) (13) (14)
Op' Cash Flow
— — — — — 0 — 1 1 —
Capex
(7) (8) (10) (6) (10) (10) (12) (7) (12) (14)
FCF
104 81 166 147 193 165 148 123 98 113
Working Cap'
85 90 97 104 110 116 124 137 152 166
Total Debt
(20) 6 (71) (45) (12) (53) (2) 11 50 51
Net Debt
300 284 161 138 111 78 30 (8) (47) 164
Sh' Equity
(8.04%) (9.67%) (34.19%) (10.96%) (14.27%) (19.15%) (29.80%) (32.00%) (37.54%) (42.48%)
ROA
(6.73%) (6.90%) (18.91%) (17.98%) (21.06%) (92.53%) (108.89%) (907.60%) (820.98%) (13.75%)
ROIC
(10.75%) (13.35%) (50.71%) (18.59%) (26.99%) (42.89%) (98.61%) (431.76%) 163.99% (162.68%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Nov 2010 · latest quarter Nov 2011

Novagold Resources Inc. peers in Gold

All 37 Gold stocks →

Novagold Resources Inc. (NG) key facts

  • Novagold Resources Inc. (NG) is a Gold company in the Basic Materials sector, listed on NYSE American.
  • Novagold Resources Inc. reported a net loss of CAD 94.7 million, or a loss of CAD 0.25 per share, for fiscal 2025.
  • As of September 25, 2026, NG traded at $7.13, a market capitalization of $3.2 billion.
  • Return on equity was −162.7% and debt-to-equity 0.41.

Source: company filings (standardised) and stockrow calculations.

Novagold Resources Inc. (NG) Latest News

News by impact score

Fine-tune

11 Aug

4

NOVAGOLD and Paulson appointed Endeavour Financial and Macquarie Capital as financial advisors to the Donlin Gold Project. Engaging top financial advisors advances development and financing prospects for the key Donlin Gold Project.

27 Jul

3

Novagold Resources Inc. is redomiciling from Canada to the United States. Redomiciling shifts the company's legal jurisdiction and may affect taxes, governance and investor base.

26 Jul

3

NovaGold Resources encounters valuation scrutiny as merger and acquisition interest generates renewed market attention. Merger and acquisition speculation triggers valuation reassessment with moderate effects on stock trajectory.

23 Jul

4

Novagold Resources Inc. is acquiring the remaining 40% stake in the Donlin Gold project. Full ownership of Donlin Gold consolidates control over the company's core asset and future production.

4

Novagold Resources will acquire full ownership of Donlin Gold from its partner via an all-share transaction. Full ownership of Donlin Gold consolidates control over the company's main development asset and streamlines project decisions.

22 Jul

5

NOVAGOLD Resources Inc. enters into definitive agreements to acquire 100% of Donlin Gold. Full acquisition of Donlin Gold delivers complete control over the company's core development asset and materially reshapes its ownership structure.

4

NovaGold Resources Inc. (NG) shares surged 10.3% on a $4.2B Donlin Mine takeover. The $4.2B Donlin Mine takeover marks a major strategic move that could significantly alter NovaGold's trajectory.

4

NovaGold Resources Inc. will acquire billionaire Paulson's stake in the Alaska gold mine project. Purchase consolidates ownership in the company's primary Alaska gold asset and shifts strategic control.

25 Jun

3

NovaGold Resources Inc. held its Q2 2026 earnings call covering quarterly financial results, operational updates on mining projects, and forward-looking guidance for the gold development company. Quarterly earnings call delivers updated financial metrics and project status that can shift near-term investor sentiment without altering long-term company trajectory.

24 Jun

4

Novagold Resources filed its second quarter 2026 report and advanced key Donlin Gold workstreams to develop America’s largest gold mine. Advancing Donlin Gold workstreams moves the company’s core project closer to production and could significantly shift its trajectory.

3

Novagold Resources Inc (NG) Q2 2026 earnings call highlighted strategic advancements in core projects and operations. Earnings call updates on strategy provide moderate influence on financial outlook and investor sentiment.

14 May

3

NovaGold Resources Inc. released its 2025 ESG Report highlighting sustainability progress and strong environmental performance at Donlin Gold, amid a noted valuation gap suggesting the stock trades at a discount to peers. ESG report underscores operational strengths and undervaluation, likely enhancing investor sentiment without fundamentally altering core trajectory.

28 Apr

3

NovaGold Resources Inc. (NG) has returned to analysts' radar due to positive developments boosting interest. Renewed analyst attention signals moderately positive market sentiment for NG without fundamental changes.

15 Apr

3

Morgan Stanley initiates coverage on Novagold Resources Inc. (NG), emphasizing long-term progress of the Donlin Gold project. Morgan Stanley coverage highlights Donlin Gold's long-term potential, providing moderate boost to investor sentiment and NG's market positioning.

13 Apr

4

Morgan Stanley initiates coverage on NovaGold Resources Inc. (NG), highlighting significant upside potential in the Donlin Gold project. Morgan Stanley's coverage launch emphasizing Donlin Gold upside likely boosts investor sentiment and alters NG's market trajectory positively.

4 Apr

4

NovaGold Resources Inc. (NG) advances Donlin Gold study and explores funding options for investors. Advancing the Donlin Gold study and funding options mark significant strategic progress on NovaGold's flagship project, potentially boosting investor sentiment and project trajectory.

2 Apr

3

NovaGold Resources Inc. summarized its Q1 2026 earnings call, covering financial results, operational updates on key projects like Donlin Gold, and forward guidance amid gold market conditions. Quarterly earnings summaries reveal financial health and project progress, moderately influencing investor sentiment and near-term stock performance.

1 Apr

4

NOVAGOLD Resources Inc. filed its First Quarter 2026 report, highlighting growing momentum across key Donlin Gold workstreams. Report emphasizes advancing flagship Donlin Gold project, signaling major strategic progress with potential to boost investor sentiment and trajectory.

3

Novagold Resources Inc. (NG) Q1 2026 earnings call highlights rising expenses amid project advancements and strategic navigation. Increased expenses in Q1 2026 earnings call moderately impact financial performance and market sentiment.

3

Novagold Resources Inc. (NG) Q1 earnings call highlights operational updates, financial results, and progress on the Donlin Gold project amid ongoing development efforts. Q1 earnings highlights detail financial performance and project advancements with moderately noticeable effects on market sentiment and trajectory.

3

NovaGold Resources posted a Q1 FY26 loss due to higher expenditures at the Donlin Gold project, which remains its primary focus for 2026. Q1 FY26 loss from elevated Donlin Gold expenditures impacts quarterly financial performance but aligns with core project advancement.

3

NovaGold Resources Inc. reported a Q1 FY24 net loss due to higher expenditures at its Donlin Gold project, which remains the company's primary focus targeting advancement by 2026. Q1 loss from elevated Donlin Gold spending affects near-term financials but underscores continued investment in core project with 2026 goals intact.

19 Mar

3

RBC Capital Markets maintains Outperform, Speculative rating on NovaGold Resources Inc. (NG) as the Donlin Gold project advances, while cutting the price target to US$14. RBC's sustained Outperform rating highlights Donlin project progress boosting NG's prospects, tempered by the price target reduction.

12 Mar

4

NOVAGOLD Resources Inc. and Paulson awarded engineering contracts to WSP, Worley, and Hatch for key infrastructure and unit operations in the Bankable Feasibility Study. Awarding contracts to major engineering firms advances the Bankable Feasibility Study, a critical step toward project financing and development.

3 Mar

4

NovaGold Resources Inc. (NG) advances its flagship Donlin Gold project with an updated feasibility study and new capital infusion to support development. Advancement of the key Donlin project through feasibility study and fresh capital significantly enhances NG's path to production and market valuation.

10 Feb

3

NovaGold Resources Inc. has successfully completed a private placement, raising US$310 million. This funding is intended to support the development of its flagship Donlin Gold project in Alaska. However, the substantial capital raise has raised concerns regarding potential dilution of existing shareholders, as the issuance of new shares could impact their ownership stakes. Investors are weighing the benefits of the funding against the risks associated with dilution. The capital raise is significant for project development but raises dilution concerns that could affect investor sentiment.

9 Feb

4

Thomas Kaplan is advancing plans for what could become America’s largest gold mine, associated with Novagold Resources Inc. The project aims to tap into significant gold reserves, potentially reshaping the U.S. gold mining landscape. Kaplan's efforts reflect a growing interest in gold as a strategic asset amid economic uncertainties, positioning Novagold for future growth. The development of America's largest gold mine could significantly alter Novagold's market position and investor sentiment.

4

Fluor Corporation has been selected to lead the bankable feasibility study for NovaGold Resources Inc.'s Donlin Gold Project in Alaska. This study aims to evaluate the project's economic viability and will include detailed engineering and design work. The collaboration is expected to enhance the project's development timeline and provide critical insights into its potential profitability. NovaGold's Donlin Project is one of the largest undeveloped gold deposits in the world, and this feasibility study is a significant step towards advancing the project. The feasibility study is a crucial step that could significantly influence the project's development and investor sentiment.

4

Novagold Resources Inc. has selected Fluor Corporation as its partner to lead the bankable feasibility study for the Donlin Gold project. This collaboration aims to advance the project towards production, leveraging Fluor's expertise in engineering and construction. The partnership is expected to enhance the project's viability and attract potential investors. The partnership with Fluor for the feasibility study is a significant strategic move that could enhance the project's development and investor interest.

5 Feb

4

NOVAGOLD Resources Inc. has successfully closed an upsized bought deal, raising gross proceeds of US$310 million. The offering was well-received, with strong demand from institutional investors. The funds will be utilized to advance the company's flagship Donlin Gold project in Alaska, enhancing its development and operational capabilities. The significant capital raised will likely accelerate the development of the Donlin Gold project, impacting the company's future performance and investor sentiment.

stockrow.com/NG · Data as of Nov 30, 2011 · For information only; not investment advice. · © 2026 stockrow.com