NovaGold Resources Inc's fundamentals are relatively very healthy, and its growth potential is significant.Its valuation is considered fairly valued, ranking 55/119 in the Metals & Mining industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 11.17.In the medium term, the stock price is expected to trend up.The company has been performing strongly in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
NovaGold Resources Inc's Score
Industry at a Glance
Industry Ranking
55 / 119
Overall Ranking
194 / 4582
Industry
Metals & Mining
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
3
analysts
Buy
Current Rating
11.167
Target Price
+17.42%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
NovaGold Resources Inc Highlights
StrengthsRisks
NOVAGOLD Resources Inc. is a precious metals company. The Company is focused on the development of the Donlin Gold project. The Donlin Gold property is located in the Kuskokwim region of southwestern Alaska on private, Alaska Native-owned mineral and surface land and Alaska state mining claims. The Donlin Gold deposits are situated at approximately 62 North latitude and 158 West longitude, which is 450 kilometers (km) west of Anchorage and 250 km northeast of Bethel up the Kuskokwim River. The Donlin Gold project is located in the historic Kuskokwim Gold Belt of Southwest Alaska, 10 miles north of the village of Crooked Creek, and is managed by Donlin Gold LLC, which is owned by NOVAGOLD and Paulson Advisers LLC.
Fairly Valued
The company’s latest PB is 22.84, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 232.67M shares, increasing 12.79% quarter-over-quarter.
NOVAGOLD Resources Inc. is a precious metals company. The Company is focused on the development of the Donlin Gold project. The Donlin Gold property is located in the Kuskokwim region of southwestern Alaska on private, Alaska Native-owned mineral and surface land and Alaska state mining claims. The Donlin Gold deposits are situated at approximately 62 North latitude and 158 West longitude, which is 450 kilometers (km) west of Anchorage and 250 km northeast of Bethel up the Kuskokwim River. The Donlin Gold project is located in the historic Kuskokwim Gold Belt of Southwest Alaska, 10 miles north of the village of Crooked Creek, and is managed by Donlin Gold LLC, which is owned by NOVAGOLD and Paulson Advisers LLC.
Ticker SymbolNG
CompanyNovaGold Resources Inc
CEOLang (Gregory A)
Websitehttps://www.novagold.com/
FAQs
What is the current price of NovaGold Resources Inc (NG)?
The current price of NovaGold Resources Inc (NG) is 9.920.
What is the symbol of NovaGold Resources Inc?
The ticker symbol of NovaGold Resources Inc is NG.
What is the 52-week high of NovaGold Resources Inc?
The 52-week high of NovaGold Resources Inc is 10.900.
What is the 52-week low of NovaGold Resources Inc?
The 52-week low of NovaGold Resources Inc is 2.260.
What is the market capitalization of NovaGold Resources Inc?
The market capitalization of NovaGold Resources Inc is 4.04B.
What is the net income of NovaGold Resources Inc?
The net income of NovaGold Resources Inc is -45.62M.
Is NovaGold Resources Inc (NG) currently rated as Buy, Hold, or Sell?
According to analysts, NovaGold Resources Inc (NG) has an overall rating of Buy, with a price target of 11.167.
What is the Earnings Per Share (EPS TTM) of NovaGold Resources Inc (NG)?
The Earnings Per Share (EPS TTM) of NovaGold Resources Inc (NG) is -0.250.