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NovaGold Resources Inc. logo

NovaGold Resources Inc.

NG

AMEXBasic MaterialsGold

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Previous close

$8.72

+$0.06 · +0.69%

Aug 21, 4:00 PM ET

NG company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

40

Expensive

Momentum

20

Strong Down

Sentiment

54

Mixed

Risk resilience

24

High Risk

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Company profile

Company website

NovaGold Resources Inc. (NG) is an enterprise primarily engaged in the discovery and advancement of gold mining properties, with its operational focus predominantly within the United States. A central component of the company's assets is the Donlin Gold project, a significant holding situated in the Kuskokwim region of southwestern Alaska. This expansive site is comprised of 493 individual mining claims, collectively encompassing approximately 29,008 hectares. Founded in 1984, the company initially operated as NovaCan Mining Resources (1985) Limited before rebranding to NovaGold Resources Inc. in March 1987. Its corporate headquarters are located in Vancouver, Canada.

Industry
Gold
Sector
Basic Materials
Headquarters
CA
CEO
Gregory A. Lang
Listed since
Dec 4, 2003
Employees
12

Market position

Day range

Current $8.72

52-week range

Current $8.72

Open
$8.995
Previous close
$8.66
Volume
4.48M
1.08× average
Average volume
4.16M
Average daily volume
Market cap
3.83B USD
Beta
2.16
Market reference 1
50-day average
$6.7048
+30.06% above average
200-day average
$8.783
-0.72% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
3.87B USD
P/E (TTM)
-49.89×
P/B (TTM)
9.09×
P/S (TTM)
0×
EV / EBITDA
-48.99×
Earnings yield
-2.48%
Free cash flow yield
-1.01%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
0.00%
Operating margin
0.00%
Net margin
0.00%
Return on equity
-57.79%
Return on assets
-28.18%
Return on invested capital
-14.29%

Financial health

Debt / equity
0.41×
Current ratio
23.79×

Financial statements

Income trends

Operating income

−47.32M USD-95.07%

Net income

−94.66M USD-113.31%
Income trends across reported periods−11.88M USD−41.98M USD−72.08M USD−102.18M USDOperating income, FY2021: −19.82M USDOperating income, FY2022: −19.4M USDOperating income, FY2023: −21.69M USDOperating income, FY2024: −24.26M USDOperating income, FY2025: −47.32M USDNet income, FY2021: −39.75M USDNet income, FY2022: −51.47M USDNet income, FY2023: −46.6M USDNet income, FY2024: −44.38M USDNet income, FY2025: −94.66M USDFY2021FY2022FY2023FY2024FY2025
Operating income FY2021 −19.82M USD. Operating income FY2022 −19.4M USD. Operating income FY2023 −21.69M USD. Operating income FY2024 −24.26M USD. Operating income FY2025 −47.32M USD. Net income FY2021 −39.75M USD. Net income FY2022 −51.47M USD. Net income FY2023 −46.6M USD. Net income FY2024 −44.38M USD. Net income FY2025 −94.66M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Cost of goods sold25.38K USD21.4K USD9.96K USD6.75K USD6.86K USD
Gross profit−25.38K USD−21.4K USD−9.96K USD−6.75K USD−6.86K USD
Selling, general, and administrative14.7M USD24.23M USD21.68M USD19.4M USD19.81M USD
Operating expenses47.29M USD24.23M USD21.68M USD19.4M USD19.81M USD
Interest income5.11M USD5.23M USD5.77M USD1.59M USD458K USD
Interest expense14.77M USD14.37M USD13.01M USD7.96M USD5.92M USD
Depreciation and amortization884K USD21.4K USD9.96K USD6.75K USD6.86K USD
Operating income−47.32M USD−24.26M USD−21.69M USD−19.4M USD−19.82M USD
Net income−94.66M USD−44.38M USD−46.6M USD−51.47M USD−39.75M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$13.30

52.52% upside
Past 12 months12-month forecastHigh $13.60Average $13.30Low $13.00

Rating distribution

6 ratings
Strong buy00%
Buy6100%
Hold00%
Sell00%
Strong sell00%

NG news

zacks.com

Zacks Industry Outlook Franco-Nevada, Centerra, Novagold, Northern Dynasty and Dakota

Franco-Nevada, Centerra, Novagold, Northern Dynasty and Dakota have been highlighted in this Industry Outlook article.

Read source
zacks.com

5 Gold Mining Stocks to Watch Amid Ongoing Industry Pressures

Recent dip in gold prices and cost pressures weigh on the Zacks Mining - Gold industry. We suggest adding stocks like FNV, CGAU, NG, NAK and DC, which are poised for growth.

Read source
globenewswire.com

NOVAGOLD & Paulson Announce the Appointment of Endeavour Financial and Macquarie Capital as Financial Advisors to the Donlin Gold Project

VANCOUVER, British Columbia, Aug. 11, 2026 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) and Donlin Gold Holdings LLC (DGH), 100% wholly-owned by Paulson Advisers LLC…

Read source
prnewswire.com

$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Novagold Resources Inc. (NYSE American: NG)

NEW YORK, July 23, 2026 /PRNewswire/ -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top…

Read source
247wallst.com

Man Who Called 2008 Crash Says Now Is the Time to “Invest in Early-Stage Gold Stocks”

John Paulson, the hedge fund manager who made billions shorting subprime mortgages before the 2008 crash, said on CNBC's “The Exchange” on Wednesday, July 22, 2026, that gold's multi-year rally still has room to run and…

Read source
marketbeat.com

Novagold Resources to Take Full Control of Donlin Gold in All-Share Deal

Novagold Resources NYSEAMERICAN: NG said it has entered into definitive agreements to acquire 100% ownership of the Donlin Gold project through an all-share transaction with Paulson's Donlin Gold Holdings, consolidating…

Read source

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ETFs holding NG

Funds reporting this stock among their holdings, ordered by reported position size.

VanEck Junior Gold Miners ETF logoVanEck Junior Gold Miners ETFGDXJ
Market value
57.9M
Weight
0.60%
AUM
9.86B USD
Expense ratio
0.52%
Price / 1D
$132.59+2.67%
Vanguard Russell 2000 ETF logoVanguard Russell 2000 ETFVTWO
Market value
11.41M
Weight
0.06%
AUM
17.4B USD
Expense ratio
0.06%
Price / 1D
$121.25+0.74%
Vanguard Russell 2000 Growth ETF logoVanguard Russell 2000 Growth ETFVTWG
Market value
2.2M
Weight
0.13%
AUM
1.7B USD
Expense ratio
0.06%
Price / 1D
$282.73+1.21%
Global X - Gold Explorers ETF logoGlobal X - Gold Explorers ETFGOEX
Market value
1.92M
Weight
1.32%
AUM
145M USD
Expense ratio
0.65%
Price / 1D
$96.16+3.09%
Global X - Russell 2000 ETF logoGlobal X - Russell 2000 ETFRSSL
Market value
1.45M
Weight
0.10%
AUM
1.53B USD
Expense ratio
0.08%
Price / 1D
$117.49+0.86%
JPMorgan Diversified Return U.S. Small Cap Equity ETF logoJPMorgan Diversified Return U.S. Small Cap Equity ETFJPSE
Market value
1.1M
Weight
0.18%
AUM
600.63M USD
Expense ratio
0.29%
Price / 1D
$60.025+0.40%
Vanguard U.S. Momentum Factor ETF logoVanguard U.S. Momentum Factor ETFVFMO
Market value
1.08M
Weight
0.05%
AUM
1.8B USD
Expense ratio
0.13%
Price / 1D
$232.52+0.68%
State Street SPDR S&P North American Natural Resources ETF logoState Street SPDR S&P North American Natural Resources ETFNANR
Market value
626.29K
Weight
0.07%
AUM
847.83M USD
Expense ratio
0.35%
Price / 1D
$91.30+1.73%

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