NG

NovaGold Resources Inc

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5.660

-0.05(-0.876%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

5.835

Open

5.740

VWAP

5.70

Vol

4.63M

Mkt Cap

2.30B

Low

5.600

Amount

26.36M

EV/EBITDA(TTM)

Total Shares

334.37M

2.16B

EV/OCF(TTM)

P/S(TTM)

NOVAGOLD Resources Inc. is a precious metals company. The Company is focused on the development of the Donlin Gold project. The Donlin Gold property is located in the Kuskokwim region of southwestern Alaska on private, Alaska Native-owned mineral and surface land and Alaska state mining claims. The Donlin Gold deposits are situated at approximately 62 North latitude and 158 West longitude, which is 450 kilometers (km) west of Anchorage and 250 km northeast of Bethel up the Kuskokwim River. The Donlin Gold project is located in the historic Kuskokwim Gold Belt of Southwest Alaska, 10 miles north of the village of Crooked Creek, and is managed by Donlin Gold LLC, which is owned by NOVAGOLD and Paulson Advisers LLC.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q3

-0.052

+72.57%

Estimates Revision

Stock Price

Go Up

+49.74%

In Past 3 Month

3 Analyst Rating

12.54% Upside

Wall Street analysts forecast NG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NG is 6.37 USD with a low forecast of 5.10 USD and a high forecast of 7.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

2 Buy

1 Hold

0 Sell

Moderate Buy

12.54% Upside

Current: 5.660

Low

5.10

Averages

6.37

High

7.00

12.54% Upside

Current: 5.660

Low

5.10

Averages

6.37

High

7.00

Citi

Alexander Hacking

Buy

initiated

2025-07-15

Reason

Citi

Alexander Hacking

Price Target

2025-07-15

initiated

Buy

Reason

Citi analyst Alexander Hacking initiated coverage of NovaGold with a Buy rating and $7 price target. The firm points out the shares are well below its 2020 prices of around $10 when gold traded at less than $2,000 per ounce. As a pre-production gold miner, NovaGold provides high leverage to gold prices with significant execution risk, the analyst tells investors in a research note. Citi believes the Donlin Gold project in Alaska, of which the company owns 60%, has potential to be the second largest gold mine in the U.S.

National Bank

NULL -> Sector Perform

maintain

$6 -> $7

2025-06-24

Reason

National Bank

Price Target

$6 -> $7

2025-06-24

maintain

NULL -> Sector Perform

Reason

National Bank raised the firm's price target on NovaGold to C$7 from C$6 and keeps a Sector Perform rating on the shares.

RBC Capital

Sector Perform

Outperform

upgrade

$5 -> $7

2025-06-04

Reason

RBC Capital

Price Target

$5 -> $7

2025-06-04

upgrade

Sector Perform

Outperform

Reason

RBC Capital upgraded NovaGold to Outperform from Sector Perform with a price target of $7, up from $5. The firm sees the company's new partnership as reviving the Donlin project after progress had stalled under the Barrick joint venture. The shares offer valuation upside in a bullish gold price environment over the next several years, starting with the resumption of work on an updated feasibility study work, the analyst tells investors in a research note.

See All Ratings

Valuation Metrics

The current forward P/E ratio for NovaGold Resources Inc (NG.A) is -36.75, compared to its 5-year average forward P/E of -52.72. For a more detailed relative valuation and DCF analysis to assess NovaGold Resources Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-52.72

Current PE

-36.75

Overvalued PE

-33.02

Undervalued PE

-72.43

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

-66.01

Current EV/EBITDA

-45.92

Overvalued EV/EBITDA

-32.62

Undervalued EV/EBITDA

-99.40

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

0.00

Current PS

0.00

Overvalued PS

0.00

Undervalued PS

0.00