Novagold Resources Inc NG
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.
Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if NG is a good fit for your portfolio.
News
-
NOVAGOLD Reports Second Quarter 2024 Financial Results
-
NOVAGOLD Welcomes Peter Adamek as New Chief Financial Officer
-
SAVE THE DATE: NOVAGOLD 2024 Second Quarter Financial Results Release, Conference Call and Video Webcast
-
NOVAGOLD Announces Election of Directors and Voting Results from 2024 Virtual Annual General Meeting of Shareholders
Trading Information
- Previous Close Price
- $4.55
- Day Range
- $4.57–4.79
- 52-Week Range
- $2.23–4.88
- Bid/Ask
- $4.76 / $4.89
- Market Cap
- $1.59 Bil
- Volume/Avg
- 1.4 Mil / 1.6 Mil
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- —
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- —
Company Profile
Novagold Resources Inc is a mineral exploration company engaged in the exploration and development of mineral properties. The company owns 50% of the Donlin Gold project, which is located in southwestern Alaska, approximately 20 kilometers north of the village of Crooked Creek on the Kuskokwim River.
- Sector
- Basic Materials
- Industry
- Gold
- Stock Style Box
- Small Value
- Total Number of Employees
- 13
- Website
- https://www.novagold.com
Comparables
Valuation
|
Metric
|
NG
|
RGLD
|
PPTA
|
|---|---|---|---|
Price/Earnings (Normalized) | — | 38.60 | — |
Price/Book Value | — | 3.05 | 6.27 |
Price/Sales | — | 15.20 | — |
Price/Cash Flow | — | 23.06 | — |
Price/Earnings
NG
RGLD
PPTA
Financial Strength
|
Metric
|
NG
|
RGLD
|
PPTA
|
|---|---|---|---|
Quick Ratio | 29.07 | 2.33 | 2.01 |
Current Ratio | 29.28 | 2.50 | 2.11 |
Interest Coverage | −2.59 | 11.11 | — |
Quick Ratio
NG
RGLD
PPTA
Profitability
|
Metric
|
NG
|
RGLD
|
PPTA
|
|---|---|---|---|
Return on Assets (Normalized) | −30.61% | 6.75% | −10.18% |
Return on Equity (Normalized) | — | 8.05% | −11.96% |
Return on Invested Capital (Normalized) | −27.69% | 7.60% | −12.36% |
Return on Assets
NG
RGLD
PPTA
Gold Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Zijin Mining Group Co Ltd ADR
ZIJMY
| — | Frrcxf | $56.8 Bil | |||
| Zijin Mining Group Co Ltd Class H
ZIJMF
| — | Tqnry | $56.8 Bil | |||
| Newmont Corp Chess Depository Interest
NEMCL
| — | Vztjx | $53.6 Bil | |||
| Newmont Corp
NEM
| Xpvzftgm | Cjhn | $53.6 Bil | |||
| Agnico Eagle Mines Ltd
AEM
| Rxykjvjh | Nnks | $36.6 Bil | |||
| Barrick Gold Corp
GOLD
| Lhdldwfz | Xxhx | $31.3 Bil | |||
| Wheaton Precious Metals Corp
WPM
| Vdbppzbbd | Njqm | $26.5 Bil | |||
| Franco-Nevada Corp
FNV
| — | Qcmncj | $24.0 Bil | |||
| Gold Fields Ltd
GFIOF
| — | Qqh | $14.4 Bil | |||
| Kinross Gold Corp
KGC
| Dpr | Fwrmm | $10.6 Bil |