What is NovaGold Resources' stock price target for 2024?

0 brokers have issued 1 year price targets for NovaGold Resources' stock. Their NG share price targets range from $5.25 to $5.25. On average, they anticipate the company's stock price to reach $5.25 in the next year. This suggests a possible upside of 71.0% from the stock's current price. View analysts price targets for NG or view top-rated stocks among Wall Street analysts .

When is NovaGold Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 26th 2024. View our NG earnings forecast .

How were NovaGold Resources' earnings last quarter?

NovaGold Resources Inc. (NYSEAMERICAN:NG) posted its quarterly earnings data on Wednesday, January, 24th. The mining company reported ($0.03) EPS for the quarter.

What ETFs hold NovaGold Resources' stock?

ETFs with the largest weight of NovaGold Resources (NYSEAMERICAN:NG) stock in their portfolio include Global X Gold Explorers ETF (GOEX) and Sprott Gold Miners ETF (SGDM) . Sprott Junior Gold Miners ETF (SGDJ) .

What other stocks do shareholders of NovaGold Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NovaGold Resources investors own include Intact Financial (IFC) , Constellation Software (CSU) , AutoCanada (ACQ) , Alimentation Couche-Tard (ATD.B) , AbbVie (ABBV) , IAMGOLD (IAG) , Vermilion Energy (VET) , Wheaton Precious Metals (WPM) , Rogers Communications (RCI) and Wheaton Precious Metals (WPM) .

Who are NovaGold Resources' major shareholders?

NovaGold Resources' stock is owned by a variety of retail and institutional investors. Top institutional investors include Quattro Financial Advisors LLC (0.01%) and Allspring Global Investments Holdings LLC (0.00%). Insiders that own company stock include Anthony P Walsh, Clynton R Nauman, David A Ottewell, David Ottewell, Diane R Garrett, Ethan Schutt, Gregory A Lang, Gregory Anthony Lang, Igor Levental, Kalidas Madhavpeddi, Kalidas V Madhavpeddi, Melanie Hennessey, Richard Williams, Ronald Rimelman and Sharon Dowdall. View institutional ownership trends .

How do I buy shares of NovaGold Resources?

Shares of NG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSEAMERICAN:NG

NovaGold Resources (NG) Stock Price, News & Analysis

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$3.07

-0.06 (-1.92%)

(As of 04/18/2024 ET)

Compare

Today's Range: $3.06
▼
$3.18
50-Day Range: N/A
52-Week Range: $2.22
▼
$5.80

Volume: 1.47 million shs
Average Volume: 2.45 million shs
Market Capitalization: $1.03 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $5.25

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NovaGold Resources MarketRank™ Stock Analysis

Analyst Rating: 0.00 Rating Score
Upside/Downside: 71.0% Upside
$5.25 Price Target
Short Interest: Healthy
4.27% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.68
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.71 out of 5 stars

2.0

Analyst's Opinion

Amount of Analyst Coverage
NovaGold Resources has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
4.27% of the float of NovaGold Resources has been sold short.
Short Interest Ratio / Days to Cover
NovaGold Resources has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in NovaGold Resources has recently increased by 0.41%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
NovaGold Resources does not currently pay a dividend.
Dividend Growth
NovaGold Resources does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for NG.

3.7

News and Social Media Coverage

News Sentiment
NovaGold Resources has a news sentiment score of 0.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for NovaGold Resources this week, compared to 1 article on an average week.
Search Interest
12 people have searched for NG on MarketBeat in the last 30 days. This is an increase of 140% compared to the previous 30 days.
MarketBeat Follows
3 people have added NovaGold Resources to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, NovaGold Resources insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.88% of the stock of NovaGold Resources is held by insiders.
Percentage Held by Institutions
57.56% of the stock of NovaGold Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of NovaGold Resources is -23.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of NovaGold Resources is -23.62, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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About NovaGold Resources Stock (NYSEAMERICAN:NG)

NovaGold Resources Inc. explores for and develops gold mineral properties in the United States. Its principal asset is the Donlin Gold project consisting of 493 mining claims covering an area of approximately 29,008 hectares located in the Kuskokwim region of southwestern Alaska. The company was formerly known as NovaCan Mining Resources (1985) Limited and changed its name to NovaGold Resources Inc. in March 1987. NovaGold Resources Inc. was incorporated in 1984 and is based in Vancouver, Canada.

NG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

NG Stock News Headlines

April 18, 2024 | globenewswire.com

NOVAGOLD Releases 2023 Sustainability Report

April 17, 2024 | msn.com

NovaGold Resources (NYSE:NG) Offers Investors a Long-term Pure Gold Play

April 19, 2024 | InvestorPlace (Ad)

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April 17, 2024 | investorplace.com

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April 14, 2024 | americanbankingnews.com

NovaGold Resources (NYSEAMERICAN:NG) Shares Gap Up to $3.18

April 8, 2024 | finance.yahoo.com

NovaGold Resources Inc. (AMEX:NG) Q1 2024 Earnings Call Transcript

April 6, 2024 | seekingalpha.com

NOVAGOLD Resources Inc. (NG) Q1 2024 Earnings Call Transcript

April 5, 2024 | finance.yahoo.com

Novagold Resources Inc (NG) Q1 2024 Earnings Call Transcript Highlights: Navigating Through ...

April 19, 2024 | InvestorPlace (Ad)

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April 4, 2024 | msn.com

NovaGold Resources GAAP EPS of -$0.03

April 3, 2024 | msn.com

NG Stock Earnings: Novagold Resources Misses EPS for Q1 2024

April 3, 2024 | finance.yahoo.com

Novagold Resources Inc (NG) Aligns with EPS Projections in Q1 2024 Earnings

April 3, 2024 | globenewswire.com

NOVAGOLD Reports First Quarter 2024 Financial Results

April 3, 2024 | msn.com

Stocks Rebound on a Dovish US ISM Services Report

April 2, 2024 | theglobeandmail.com

Stocks Close Lower on Fears Fed Rate Cuts Will be Delayed

April 1, 2024 | msn.com

Commodity Roundup: Gold hits record high; oil rigs rise by six in the first quarter

March 27, 2024 | msn.com

Canada shares lower at close of trade; S&P/TSX Composite down 0.14%

March 21, 2024 | investorplace.com

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March 19, 2024 | seekingalpha.com

Tracking John Paulson's Paulson & Company Portfolio - Q4 2023 Update

March 18, 2024 | markets.businessinsider.com

SAVE THE DATE: NOVAGOLD 2024 First Quarter Financial Results Release, Conference Call and Video Webcast

March 18, 2024 | globenewswire.com

SAVE THE DATE: NOVAGOLD 2024 First Quarter Financial Results Release, Conference Call and Video Webcast

March 13, 2024 | seekingalpha.com

Hochschild Mining GAAP EPS of $0.02, revenue of $693.7M beats by $5.11M

March 2, 2024 | edition.cnn.com

Novagold Resources Inc

February 29, 2024 | theglobeandmail.com

Novagold Resources: Bottom 25 Performing Stocks Year-to-Date on TSX (NG)

February 27, 2024 | money.usnews.com

Novagold Resources Inc.

February 24, 2024 | benzinga.com

Novagold Resources Stock (AMEX:NG) Earnings Dates and Earning Calls

February 23, 2024 | finance.yahoo.com

12 Best Gold Stocks Under $25

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Company Calendar

Last Earnings: 1/24/2024
Today: 4/18/2024
Next Earnings (Estimated): 6/26/2024
Fiscal Year End: 11/30/2024

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Industry, Sector and Symbol

Stock Exchange: NYSEAMERICAN
Sector: Basic Materials
Industry: Gold & silver ores
Sub-Industry: N/A
Current Symbol: NYSEAMERICAN:NG
Previous Symbol: AMEX:NG
CUSIP: N/A
CIK: 1173420
Web: www.novagold.com
Phone: (801) 639-0511
Fax: 801-639-0509
Employees: 13
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $5.25
High Stock Price Target: $5.25
Low Stock Price Target: $5.25
Potential Upside/Downside: +71.0%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.13)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-46,800,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -853.80%
Return on Assets: -34.34%

Debt

Debt-to-Equity Ratio: 3,250.59
Current Ratio: 65.41
Quick Ratio: 65.41

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($0.05) per share
Price / Book: -61.40

Miscellaneous

Outstanding Shares: 334,370,000
Free Float: 324,741,000
Market Cap: $1.03 billion
Optionable: Not Optionable
Beta: 1.06

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Key Executives

Mr. Gregory A. Lang (Age 69)
President, CEO & Non-Independent Director
Comp: $1.87M
Mr. David A. Ottewell CA (Age 63)
VP & CFO
Comp: $919.06k
Mr. Richard Williams B.Sc.
VP & COO
Mr. Jason Mercier
Manager of Investor Relations
Mr. M. Benjamin Machlis
VP & General Counsel
Mr. Ronald Rimelman
Vice President of Environment, Health, Safety & Sustainability
Ms. Tricia Pannier
Corporate Secretary

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

NG Stock Analysis - Frequently Asked Questions

What is NovaGold Resources' stock price target for 2024?: 0 brokers have issued 1 year price targets for NovaGold Resources' stock. Their NG share price targets range from $5.25 to $5.25. On average, they anticipate the company's stock price to reach $5.25 in the next year. This suggests a possible upside of 71.0% from the stock's current price.
View analysts price targets for NG or view top-rated stocks among Wall Street analysts.
When is NovaGold Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 26th 2024.
View our NG earnings forecast.
How were NovaGold Resources' earnings last quarter?: NovaGold Resources Inc. (NYSEAMERICAN:NG) posted its quarterly earnings data on Wednesday, January, 24th. The mining company reported ($0.03) EPS for the quarter.
What ETFs hold NovaGold Resources' stock?: ETFs with the largest weight of NovaGold Resources (NYSEAMERICAN:NG) stock in their portfolio include Global X Gold Explorers ETF (GOEX) and Sprott Gold Miners ETF (SGDM).Sprott Junior Gold Miners ETF (SGDJ).

What other stocks do shareholders of NovaGold Resources own?: Based on aggregate information from My MarketBeat watchlists, some companies that other NovaGold Resources investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), IAMGOLD (IAG), Vermilion Energy (VET), Wheaton Precious Metals (WPM), Rogers Communications (RCI) and Wheaton Precious Metals (WPM).
Who are NovaGold Resources' major shareholders?: NovaGold Resources' stock is owned by a variety of retail and institutional investors. Top institutional investors include Quattro Financial Advisors LLC (0.01%) and Allspring Global Investments Holdings LLC (0.00%). Insiders that own company stock include Anthony P Walsh, Clynton R Nauman, David A Ottewell, David Ottewell, Diane R Garrett, Ethan Schutt, Gregory A Lang, Gregory Anthony Lang, Igor Levental, Kalidas Madhavpeddi, Kalidas V Madhavpeddi, Melanie Hennessey, Richard Williams, Ronald Rimelman and Sharon Dowdall.
View institutional ownership trends.
How do I buy shares of NovaGold Resources?: Shares of NG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEAMERICAN:NG) was last updated on 4/19/2024 by MarketBeat.com Staff

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