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NovaGold Resources Inc. (NG)

Listed on AMEX • Basic Materials / Gold
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Overview

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.

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Key Information

Symbol: NG
CEO: Gregory A. Lang
Exchange: AMEX
CIK: 0001173420
SEC Filings: View SEC →

Stock Snapshot (Updated: Nov 05 04:00 PM EST)

Price
7.88
Change
0.17
Change %
2.20%
Open
7.93
Previous Close
7.71
High
7.95
Low
7.72
Volume
2,209,783
Market Cap
3,219,072,512
EV/EBITDA
0

Capital Structure (Updated: Nov 05 04:00 PM EST)

Shares Outstanding
406,926,988
FloatShares
371,284,253
Float Ratio
91.24%
Shares Short
12,861,664
Short Percent Of Float
The percent of float shares currently sold short. Reflects market sentiment and risk of a short squeeze.
4.04%
Short Ratio
Days needed to cover all short positions. Indicates short-selling pressure.
2.5 trading days
Held Percent Insiders
25.03%
Held Percent Institutions
63.61%

Calendar Events (Upcoming Earnings & Revenue Forecasts)

Earnings
Earnings Date (Estimated) 2026-01-22
Earnings Call (Estimated) 2025-10-01
Avg EPS Estimate -0.051
Low EPS Estimate -0.051
High EPS Estimate -0.051
Revenue
Avg Revenue Forecast 0
Low Revenue Forecast 0
High Revenue Forecast 0

NG Liquidity Indicators Shows key metrics that reflect cash availability and short-term payment ability

Field Value Description
Cash Holdings$125,169,000Cash on hand, which directly shows a company's ability to meet short-term obligations.
Quick Ratio26.86The quick ratio, which excludes inventory, measures short-term solvency; a value above 1 is considered relatively safe.
Current Ratio26.907The current ratio, calculated as current assets divided by current liabilities; the higher the value, the better the liquidity.
Total Debt$163,435,008Total liabilities, used together with cash and liquidity ratios to assess debt burden.

NG Profitability Indicators Shows key metrics that reflect overall earnings, margins, and core business profitability

Field Value Description
EBITDA$-22,832,000EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), which measures the profitability of core operations.
Operating Cash Flow$-10,025,000Operating cash flow, which reflects a company's cash-generating ability.
Free Cash Flow$-15,534,500Free cash flow, after deducting capital expenditures, which can be used for dividends or reinvestment.
Gross Margin0.00%Gross margin; a higher value indicates stronger product profitability.
Operating Margin0.00%Operating margin; slightly negative, indicating high operating costs.
Profit Margin0.00%Net profit margin, which reflects overall profitability.

NG Leverage & Financial Health Indicators Shows key metrics that reflect debt levels, liquidity, and overall financial stability

Field Value Description
Debt/Equity Ratio92.28%Low leverage level, indicating the company has low debt pressure.
Total Debt$163,435,008Used together with cash and EBITDA to assess debt-paying ability.

NG Growth Indicators Shows key financial metrics that reflect profitability, cash flow, and business expansion

Field Value Description
Revenue Growth (YoY)0.00%Rapid revenue growth, indicating fast business expansion.
Earnings Growth (YoY)0.00%Significant EPS growth, indicating rapid improvement in profitability.

Financial Data for NG (Key ratios, margins, and cash flow)

Field Value Description
Current Price$7.88Latest stock trading price
Price Target (High)$12.45Analyst highest expected price
Price Target (Low)$10.92Analyst lowest expected price
Price Target (Average)$11.76Average target price across analysts
Price Target (Median)$11.93Median of target prices
Average Rating Score1.4Average analyst rating (1=Strong Buy, 5=Sell)
Consensus Recommendationstrong_buyConsensus rating
Analyst Coverage Count3Number of analysts providing estimates
Cash Holdings$125,169,000Total cash held by the company
Cash per Share$0.31Cash value per outstanding share
Total Debt$163,435,008Company's total debt
Quick Ratio26.86Ability to cover short-term liabilities (excludes inventory)
Current Ratio26.907Overall short-term liquidity
Debt/Equity Ratio92.28%Leverage ratio: Debt / Equity
EBITDA$-22,832,000Earnings before interest, taxes, depreciation & amortization
Total Revenue$0Total company revenue
Revenue per Share$0Total revenue divided by shares outstanding
Gross Profit0.00%Revenue minus cost of goods sold
Return on Assets-6.21%Net income / Total assets
Return on Equity-129.07%Net income / Shareholder equity
Earnings Growth (YoY)0.00%Year-over-year EPS growth
Revenue Growth (YoY)0.00%Year-over-year revenue growth
Gross Margin0.00%Gross profit / Total revenue
EBITDA Margin0.00%EBITDA / Revenue
Operating Margin0.00%Operating income / Revenue
Profit Margin0.00%Net income / Revenue
Free Cash Flow$-15,534,500Cash left after capital expenditures
Operating Cash Flow$-10,025,000Cash from core business operations
CurrencyUSDReported in US dollars
Last Updated2025-11-05Data source from Yahoo