Novagold Resources Inc NG

Morningstar Rating
$7.44 +0.37 (5.23%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NG is trading at a 690% premium.
Price
$7.44
Fair Value
$2.33
Uncertainty
Jhwp Twgj
1-Star Price
$56.75
5-Star Price
$6.87
Economic Moat
Bcrb
Capital Allocation

News

Trading Information

Previous Close Price
$7.07
Day Range
$7.077.53
52-Week Range
$3.6114.40
Bid/Ask
$7.50 / $7.97
Shares Outstanding
438.78M
Market Cap
$3.26B
Volume/Avg
3M / 3M

Key Statistics

Price/Earnings (Normalized)
Price/Sales
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

Novagold Resources Inc operates in the gold mining industry, focused on advancing the Donlin Gold project in Alaska. The Donlin Gold project is held by Donlin Gold LLC (Donlin Gold), a limited liability company owned equally by wholly owned subsidiaries of NOVAGOLD and Barrick Gold Corporation (Barrick). The company includes exploration and development activities of gold and other precious metals.
Sector
Basic Materials
Industry
Gold
Stock Style Box
Small Growth
Total Number of Employees
12

Valuation

Metric
NG
Price/Earnings (Normalized)
Price/Book Value
6.98
Price/Sales
Price/Cash Flow
Price/Earnings
No chart available

Financial Strength

Metric
NG
Quick Ratio
88.54
Current Ratio
88.72
Interest Coverage
−6.20
Quick Ratio
NG

Profitability

Metric
NG
Return on Assets (Normalized)
−27.77%
Return on Equity (Normalized)
−53.78%
Return on Invested Capital (Normalized)
−25.45%
Return on Assets
NG

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1-Day Chart
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Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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ZIJMY
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Newmont Corp
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CqxflwwXfgsz$105B
Agnico Eagle Mines Ltd
AEM
ZtncqxqvSyzn$81B
Barrick Mining Corp
B
YwwqfpcfYgkpm$67B
Wheaton Precious Metals Corp
WPM
NstjjckcGkkw$53B
Anglogold Ashanti PLC
AU
Hjhbprc$44B
Franco-Nevada Corp
FNV
Mgfb$40B
Kinross Gold Corp
KGC
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