Novagold Resources Stock Performance
| NG Stock | CAD 13.99 0.64 4.37% |
On a scale of 0 to 100, NovaGold Resources holds a performance score of 6. The company secures a Beta (Market Risk) of 1.78, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, NovaGold Resources will likely underperform. Please check NovaGold Resources' downside variance, as well as the relationship between the accumulation distribution and price action indicator , to make a quick decision on whether NovaGold Resources' current price movements will revert.
Risk-Adjusted Performance
Mild
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in NovaGold Resources are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, NovaGold Resources displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:10 | Ex Dividend Date 1999-06-28 | Last Split Date 1997-12-17 |
1 | NOVAGOLD Advances Donlin Gold Project with High-Grade Results and Key Permits - TipRanks | 11/25/2025 |
2 | Is NovaGold Resources Inc. stock vulnerable to regulatory risks - Market Activity Summary Fast ExitEntry Strategy Plans - Newser | 12/04/2025 |
3 | Watch NOVAGOLD break down its 2025 drilling, community and environmental work - Stock Titan | 01/07/2026 |
4 | 40-year project leader tapped to guide Alaskas Donlin Gold mine plan - Stock Titan | 01/13/2026 |
5 | NovaGold Resources FY 2025 earnings preview - MSN | 01/21/2026 |
6 | Novagold Resources Inc Trading 6.86 percent Higher on Jan 27 - GuruFocus | 01/27/2026 |
7 | NOVAGOLD Announces Closing of Upsized Bought Deal for Gross Proceeds of US310 Million - GlobeNewswire | 02/05/2026 |
8 | NovaGold Resources Valuation After Major Private Placement And Director Share Purchase - simplywall.st | 02/12/2026 |
| Begin Period Cash Flow | 42.2 M | |
| Total Cashflows From Investing Activities | -177.6 M |
NovaGold |
NovaGold Resources Relative Risk vs. Return Landscape
If you would invest 1,164 in NovaGold Resources on November 20, 2025 and sell it today you would earn a total of 235.00 from holding NovaGold Resources or generate 20.19% return on investment over 90 days. NovaGold Resources is currently producing 0.4473% returns and takes up 5.2622% volatility of returns over 90 trading days. Put another way, 47% of traded stocks are less volatile than NovaGold, and 91% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
NovaGold Resources Target Price Odds to finish over Current Price
The tendency of NovaGold Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 13.99 | 90 days | 13.99 | about 29.43 |
Based on a normal probability distribution, the odds of NovaGold Resources to move above the current price in 90 days from now is about 29.43 (This NovaGold Resources probability density function shows the probability of NovaGold Stock to fall within a particular range of prices over 90 days) .
NovaGold Resources Price Density |
| Price |
Predictive Modules for NovaGold Resources
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as NovaGold Resources. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of NovaGold Resources' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
NovaGold Resources Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. NovaGold Resources is not an exception. The market had few large corrections towards the NovaGold Resources' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold NovaGold Resources, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of NovaGold Resources within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.25 | |
β | Beta against Dow Jones | 1.78 | |
σ | Overall volatility | 0.98 | |
Ir | Information ratio | 0.06 |
NovaGold Resources Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of NovaGold Resources for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for NovaGold Resources can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| NovaGold Resources had very high historical volatility over the last 90 days | |
| Net Loss for the year was (94.66 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| NovaGold Resources has accumulated about 110.14 M in cash with (14.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38. | |
| Over 81.0% of the company shares are owned by institutional investors |
NovaGold Resources Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of NovaGold Stock often depends not only on the future outlook of the current and potential NovaGold Resources' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. NovaGold Resources' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 374.7 M | |
| Cash And Short Term Investments | 115.1 M |
NovaGold Resources Fundamentals Growth
NovaGold Stock prices reflect investors' perceptions of the future prospects and financial health of NovaGold Resources, and NovaGold Resources fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on NovaGold Stock performance.
| Return On Equity | -1.63 | ||||
| Return On Asset | -0.0712 | ||||
| Current Valuation | 6.48 B | ||||
| Shares Outstanding | 438.01 M | ||||
| Price To Earning | (48.33) X | ||||
| Price To Book | 28.81 X | ||||
| EBITDA | (79.89 M) | ||||
| Net Income | (94.66 M) | ||||
| Cash And Equivalents | 110.14 M | ||||
| Cash Per Share | 0.38 X | ||||
| Total Debt | 167.06 M | ||||
| Debt To Equity | 0.94 % | ||||
| Current Ratio | 63.25 X | ||||
| Book Value Per Share | 0.55 X | ||||
| Cash Flow From Operations | (14.03 M) | ||||
| Earnings Per Share | (0.34) X | ||||
| Market Capitalization | 6.13 B | ||||
| Total Asset | 335.91 M | ||||
| Retained Earnings | (2.2 B) | ||||
| Working Capital | 112.55 M | ||||
| Current Asset | 107.34 M | ||||
| Current Liabilities | 3.05 M | ||||
About NovaGold Resources Performance
By examining NovaGold Resources' fundamental ratios, stakeholders can obtain critical insights into NovaGold Resources' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that NovaGold Resources is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 9.48 | 9.01 | |
| Return On Tangible Assets | (0.32) | (0.34) | |
| Return On Capital Employed | (0.13) | (0.14) | |
| Return On Assets | (0.32) | (0.34) | |
| Return On Equity | (0.66) | (0.63) |
Things to note about NovaGold Resources performance evaluation
Checking the ongoing alerts about NovaGold Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NovaGold Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| NovaGold Resources had very high historical volatility over the last 90 days | |
| Net Loss for the year was (94.66 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| NovaGold Resources has accumulated about 110.14 M in cash with (14.03 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38. | |
| Over 81.0% of the company shares are owned by institutional investors |
- Analyzing NovaGold Resources' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether NovaGold Resources' stock is overvalued or undervalued compared to its peers.
- Examining NovaGold Resources' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating NovaGold Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of NovaGold Resources' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of NovaGold Resources' stock. These opinions can provide insight into NovaGold Resources' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NovaGold Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. To learn how to invest in NovaGold Stock, please use our How to Invest in NovaGold Resources guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.