Novagold Resources Inc [NG] moved up 7.95: Why It’s Important

Novagold Resources Inc [AMEX: NG] closed the trading session at $4.48 on 2025-07-02.

The stocks have a year to date performance of 29.48 percent and weekly performance of 21.08 percent. The stock has been moved at 34.94 percent over the last six months. The stock has performed 19.47 percent around the most recent 30 days and changed 50.34 percent over the most recent 3-months.

If compared to the average trading volume of 5.35M shares, NG reached to a volume of 7157095 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about 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 $7.37 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 1.67. 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.

RBC Capital Mkts have made an estimate for Novagold Resources Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on June 04, 2025. While these analysts kept the previous recommendation, National Bank Financial raised their target price to Outperform. The new note on the price target was released on July 20, 2022, representing the official price target for Novagold Resources Inc stock.

The Price to Book ratio for the last quarter was 10.83, with the Price to Cash per share for the same quarter was set at 0.78.

NG stock trade performance evaluation

Novagold Resources Inc [NG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 21.08. With this latest performance, NG shares gained by 19.47% in over the last four-week period, additionally plugging by 34.94% over the last 6 months – not to mention a rise of 34.53% in the past year of trading.

Novagold Resources Inc [NG]: An insightful look at the core fundamentals

Return on Equity for this stock declined to -37.70%, with Return on Assets sitting at -37.70%.

Earnings per share (EPS) analysis for Novagold Resources Inc [NG] stock

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 8.67%.

Novagold Resources Inc [NG]: Institutional Ownership

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%.

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