NG Stock Analysis: NovaGold Resources | NYSE MKT
Gold | NYSE MKT, USA | Market Cap: 3.260m USD | 12M Return: 0.3% | CA66987E2069 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 46.5M
Qual. Beats: 0
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
NovaGold Resources Inc. (NYSE MKT: NG) is a Canadian-based mining company focused on the exploration and development of gold mineral properties, primarily in the United States. The companys principal asset is a 60% interest in the Donlin Gold project, located in the Kuskokwim and Mt. McKinley Recording Districts. NovaGold was incorporated in 1984 under the name NovaCan Mining Resources (1985) Limited and adopted its current name in March 1987, with corporate headquarters in Vancouver, Canada.
As a member of the Materials sector and Gold sub-industry under the GICS classification, NovaGold operates as a development-stage mining company rather than a producing miner, meaning its value is largely tied to the future potential of its resource assets rather than current production revenue. The gold mining industry is capital-intensive, with companies typically progressing through stages of exploration, feasibility studies, permitting, and construction before reaching production, often requiring significant joint ventures or partnerships to share development costs and technical expertise.
- Donlin Gold permitting and development progress in Alaska
- Gold price movements impact project economics and NPV
- Barrick JV partner capital allocation for mine construction
| Net Income: error (cannot be calculated; needs Net Income TTM and Revenue TTM) |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA 21.93 > 1.0 |
| NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev) |
| CFO/TA -0.07 > 3% & CFO -43.3m > Net Income -71.1m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 112.8 > 1.5 & < 3 |
| Outstanding Shares: last quarter (438.8m) vs 12m ago 25.29% < -2% |
| Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin) |
| Asset Turnover: 0.0% > 50% (prev 0.0%; Δ 0.0% > 0%) |
| Interest Coverage Ratio: -0.52 > 6 (EBIT TTM -7.69m / Interest Expense TTM 14.9m) |
| A: 0.62 (Total Current Assets 376.0m - Total Current Liabilities 3.33m) / Total Assets 598.7m |
| B: -3.74 (Retained Earnings -2.24b / Total Assets 598.7m) |
| C: -0.02 (EBIT TTM -7.69m / Avg Total Assets 464.0m) |
| D: 2.37 (Book Value of Equity 421.0m / Total Liabilities 177.7m) |
| Altman-Z'' = -5.74 = D |
As of September 19, 2026, the stock is trading at USD 7.27 with a total of 12,904,145 shares traded. Over the past week, the price has changed by -3.07%, over one month by -1.89%, over three months by -6.79% and over the past year by +0.28%.
Current recommended Stop Loss: 6.30 (which is 13.3% or 2 ATR below the current price).
NovaGold Resources has received a consensus analysts rating of 4.38. Therefore, it is recommended to buy NG.
- StrongBuy: 3
- Buy: 5
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 13.3 | 82.4% |
P/E Forward = 4.8996
P/S = 3615.4839
P/B = 7.2849
P/EG = 1.3382
Revenue TTM = 0.0 USD
EBIT TTM = -7.69m USD
EBITDA TTM = -6.79m USD
Long Term Debt = 173.6m USD (from longTermDebt, last quarter)
Short Term Debt = 185k USD (from shortTermDebt, last quarter)
Debt = 175.0m USD (from shortLongTermDebtTotal, last quarter) + Leases 680k
Net Debt = -196.4m USD (calculated: Debt 175.0m - CCE 371.4m)
Enterprise Value = 3.06b USD (3.26b + Debt 175.0m - CCE 371.4m)
Interest Coverage Ratio = -0.52 (Ebit TTM -7.69m / Interest Expense TTM 14.9m)
EV/FCF = -212.3x (Enterprise Value 3.06b / FCF TTM -14.4m)
FCF Yield = -0.47% (FCF TTM -14.4m / Enterprise Value 3.06b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 25.3k) / Revenue TTM)
Tobins Q-Ratio = 5.12 (Enterprise Value 3.06b / Total Assets 598.7m)
Interest Expense / Debt = 8.49% (Interest Expense 14.9m / Debt 175.0m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -6.08m (EBIT -7.69m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 79.79 (Total Current Assets 376.0m / Total Current Liabilities 4.71m)
Debt / Equity = 0.42 (Debt 175.0m / totalStockholderEquity, last quarter 421.0m)
Debt / EBITDA = 28.91 (negative EBITDA) (Net Debt -196.4m / EBITDA -6.79m)
Debt / FCF = 13.61 (negative FCF - burning cash) (Net Debt -196.4m / FCF TTM -14.4m)
Total Stockholder Equity = 301.5m (last 4 quarters mean from totalStockholderEquity)
RoA = -15.31% (Net Income -71.1m / Total Assets 598.7m)
RoE = -23.56% (Net Income TTM -71.1m / Total Stockholder Equity 301.5m)
RoCE = -1.62% (EBIT -7.69m / Capital Employed (Equity 301.5m + L.T.Debt 173.6m))
RoIC = -1.02% (negative operating profit) (NOPAT -6.08m / Invested Capital 595.6m)
WACC = 11.24% (E(3.26b)/V(3.44b) * Re(11.48%) + D(175.0m)/V(3.44b) * Rd(8.49%) * (1-Tc(0.21)))
Discount Rate = 11.48% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 88.14 | Cagr: 12.84%
[DCF] Fair Price = unknown (Cash Flow -14.4m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.0 | # QB: 0
Revenue Correlation: N/A | Revenue CAGR: N/A | SUE: 0.0 | # QB: 0
EPS current Quarter (2026-08-31): EPS=-0.09 | Chg30d=N/A | Revisions=+0% | Analysts=4
EPS current Year (2026-11-30): EPS=-0.24 | Chg30d=+5.35% | Revisions=+50% | GrowthEPS=+29.8% | GrowthRev=+0.0%
EPS next Year (2027-11-30): EPS=-0.33 | Chg30d=+0.91% | Revisions=+40% | GrowthEPS=-34.3% | GrowthRev=+0.0%
[Analyst] Revisions Ratio: +62% (up=5, down=0)