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Novagold Resources Inc NG

Morningstar Rating
$3.24 +0.03 (0.93%)
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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 633% premium.
Price
$3.23
Fair Value
$4.31
Uncertainty
Extreme
1-Star Price
$484.48
5-Star Price
$1.22
Economic Moat
Jcnxp
Capital Allocation
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News

Trading Information

Previous Close Price
$3.21
Day Range
$3.123.25
52-Week Range
$2.235.07
Bid/Ask
$3.24 / $3.32
Market Cap
$1.08 Bil
Volume/Avg
1.5 Mil / 1.7 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

Comparables

Valuation

Metric
NG
PPTA
MUX
Price/Earnings (Normalized)
Price/Book Value
6.381.00
Price/Sales
2.71
Price/Cash Flow
80.33
Price/Earnings
NG
PPTA
MUX

Financial Strength

Metric
NG
PPTA
MUX
Quick Ratio
64.942.010.76
Current Ratio
65.412.111.37
Interest Coverage
−2.82
Quick Ratio
NG
PPTA
MUX

Profitability

Metric
NG
PPTA
MUX
Return on Assets (Normalized)
−29.83%−10.18%−12.54%
Return on Equity (Normalized)
−3,555.11%−11.96%−18.82%
Return on Invested Capital (Normalized)
−27.10%−12.36%−18.23%
Return on Assets
NG
PPTA
MUX
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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
Vkqjcr$61.3 Bil
Zijin Mining Group Co Ltd Class H
ZIJMF
Xrpzwl$61.3 Bil
Newmont Corp Chess Depository Interest
NEMCL
Pfxxt$48.2 Bil
Newmont Corp
NEM
FpnrqfknBjp$48.2 Bil
Agnico Eagle Mines Ltd
AEM
BsnxvbkCwlv$32.2 Bil
Barrick Gold Corp
GOLD
PbycdwlTdky$28.8 Bil
Wheaton Precious Metals Corp
WPM
MmqcblmYvr$23.9 Bil
Franco-Nevada Corp
FNV
Vhkvb$22.4 Bil
Gold Fields Ltd
GFIOF
Bytj$12.3 Bil
Kinross Gold Corp
KGC
JxmxrGrz$9.2 Bil

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