NovaGold Resources Inc. (TSE:NG) Receives C$18.00 Average PT from Analysts

Posted by Defense World Staff on Apr 25th, 2026

NovaGold Resources Inc. (TSE:NG – Get Free Report) has received an average rating of “Strong Buy” from the five analysts that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is C$18.00.

NG has been the subject of several analyst reports. Canaccord Genuity Group upgraded shares of NovaGold Resources to a “moderate buy” rating in a report on Thursday, March 26th. Scotiabank set a C$21.00 price objective on shares of NovaGold Resources and gave the company an “outperform” rating in a report on Friday, February 6th.

View Our Latest Report on NovaGold Resources

Insider Activity at NovaGold Resources

In other NovaGold Resources news, Director Dawn Patricia Whittaker purchased 4,000 shares of NovaGold Resources stock in a transaction dated Wednesday, February 4th. The stock was acquired at an average price of C$12.79 per share, for a total transaction of C$51,160.00. Following the acquisition, the director owned 4,000 shares in the company, valued at C$51,160. This trade represents a ∞ increase in their position. Corporate insiders own 26.46% of the company’s stock.

NovaGold Resources Trading Down 2.6%

NovaGold Resources stock opened at C$11.74 on Wednesday. The firm has a 50-day moving average price of C$13.94 and a 200-day moving average price of C$13.45. The firm has a market capitalization of C$5.15 billion, a PE ratio of -45.15 and a beta of 3.16. NovaGold Resources has a 12-month low of C$4.71 and a 12-month high of C$19.69.

NovaGold Resources (TSE:NG – Get Free Report) last released its earnings results on Thursday, January 22nd. The company reported C($0.05) earnings per share (EPS) for the quarter.

About NovaGold Resources

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Novagold Resources Inc is a mineral exploration company engaged in the exploration and development of mineral properties. The company owns 50% of the Donlin Gold project, which is located in southwestern Alaska, approximately 20 kilometers north of the village of Crooked Creek on the Kuskokwim River.