Novagold Resources Inc [AMEX: NG] stock went on an upward path that rose over 15.00% on Wednesday, amounting to a one-week price increase of more than 31.77%.
Over the last 12 months, NG stock rose by 203.90%. The one-year Novagold Resources Inc stock forecast points to a potential downside of -14.87. The average equity rating for NG stock is currently 1.50, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $4.12 billion, with 399.72 million shares outstanding and 304.45 million shares in the current float. Compared to the average trading volume of 3.46M shares, NG stock reached a trading volume of 9126466 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Novagold Resources Inc [NG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NG shares is $8.81 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NG stock is a recommendation set at 1.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for Novagold Resources Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 16, 2025. The new note on the price target was released on June 04, 2025, representing the official price target for Novagold Resources Inc stock.
The Price to Book ratio for the last quarter was 24.48, with the Price to Cash per share for the same quarter was set at 0.78.
NG Stock Performance Analysis:
Novagold Resources Inc [NG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 31.77. With this latest performance, NG shares gained by 51.27% in over the last four-week period, additionally plugging by 239.60% over the last 6 months – not to mention a rise of 203.90% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NG stock in for the last two-week period is set at 90.35, with the RSI for the last a single of trading hit 0.52, and the three-weeks RSI is set at 0.39 for Novagold Resources Inc [NG]. The present Moving Average for the last 50 days of trading for this stock 6.55, while it was recorded at 8.73 for the last single week of trading, and 4.35 for the last 200 days.
Novagold Resources Inc (NG) Capital Structure & Debt Analysis
According to recent financial data for Novagold Resources Inc. ( NG), the Return on Equity (ROE) stands at -123.35%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -37.70%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Novagold Resources Inc’s Return on Invested Capital (ROIC) is -26.17%, showcasing its effectiveness in deploying capital for earnings.
Novagold Resources Inc (NG) Efficiency & Liquidity Metrics
Based on Novagold Resources Inc’s (NG) latest financial statements, the Debt-to-Equity Ratio is 0.97%, indicating its reliance on debt financing relative to shareholder equity.
Novagold Resources Inc (NG) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Novagold Resources Inc. (NG) effectively leverages its workforce, generating an average of -$6070714.29 per employee. The company’s liquidity position is robust, with a Current Ratio of 76.72% and a Quick Ratio of 76.72%, indicating strong ability to cover short-term liabilities.
NG Stock EPS
With the latest financial reports released by the company, Novagold Resources Inc posted -0.06/share EPS, while the average EPS was predicted by analysts to be reported at -0.05/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.01. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Novagold Resources Inc go to 4.73%.
Novagold Resources Inc [NG] Institutonal Ownership Details
There are presently around $62.89%, or 83.89%% of NG stock, in the hands of institutional investors. The top three institutional holders of NG stocks are: PAULSON & CO. INC. with ownership of 27.24 million shares, which is approximately 8.1458%. FIRST EAGLE INVESTMENT MANAGEMENT, LLC, holding 21.49 million shares of the stock with an approximate value of $$74.34 million in NG stocks shares; and FIRST EAGLE INVESTMENT MANAGEMENT, LLC, currently with $$67.22 million in NG stock with ownership which is approximately 5.8102%.
