NG Chart
About

NovaGold Resources Inc. operates in the gold mining industry, focusing on the exploration and development of gold mineral properties in the United States. The company's principal asset owns 60% interest in the Donlin Gold project consisting of 493 mining claims covering an area of approximately 29,008 hectares located in the Kuskokwim and Mt. McKinley Recording Districts. The company was formerly known as NovaCan Mining Resources (1985) Limited and changed its name to NovaGold Resources Inc. in March 1987. NovaGold Resources Inc. was incorporated in 1984 and is based in Vancouver, Canada.

Fundamentals
Scroll to Statements
Sector Basic Materials Industry Gold Market Cap 5.30B
Enterprise Value 4.96B Income -94.66M Sales —
Book/sh 0.40 Cash/sh 0.28 Dividend Yield —
Payout 0.00% Employees 12 IPO —
P/E — Forward P/E -74.96 PEG —
P/S — P/B 29.95 P/C —
EV/EBITDA -195.79 EV/Sales — Quick Ratio 23.58
Current Ratio 23.79 Debt/Eq 101.99 LT Debt/Eq —
EPS (ttm) -0.25 EPS next Y -0.16 EPS Growth —
Revenue Growth — Earnings 2026-04-01 ROA -7.12%
ROE -162.67% ROIC — Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 438.01M
Shs Float 287.49M Short Float 3.74% Short Ratio 2.60
Short Interest — 52W High 14.40 52W Low 2.26
Beta 2.00 Avg Volume 3.75M Volume 2.86M
Target Price $13.64 Recom Strong_buy Prev Close $12.09
Price $12.07 Change -0.17%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$13.64
Mean price target
2. Current target
$12.07
Latest analyst target
3. DCF / Fair value
$-0.77
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$12.07
Low
$12.52
High
$15.38
Mean
$13.64

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-27 main B. Riley Securities Buy → Buy $13
2025-10-15 main Citigroup Buy → Buy $13
2025-09-30 main B. Riley Securities Buy → Buy $11
2025-07-16 init Citigroup — → Buy $7
2025-06-04 up RBC Capital Sector Perform → Outperform $7
2023-06-21 reit B. Riley Securities Buy → Buy $10
2020-03-24 main B. Riley Securities — → Buy $30
2018-04-24 main JP Morgan Overweight → Overweight $7
2017-12-19 init B. Riley Securities — → Buy $7
2016-09-27 up JP Morgan Neutral → Overweight —
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 865 — — Stock Award(Grant) at price 0.00 per share. DORWARD-KING ELAINE J Director — 2026-03-02 00:00:00 D
1 432 — — Stock Award(Grant) at price 0.00 per share. MADHAVPEDDI KALIDAS V Director — 2026-03-02 00:00:00 D
2 432 — — Stock Award(Grant) at price 0.00 per share. MCARTHUR C KEVIN Director — 2026-03-02 00:00:00 D
3 432 — — Stock Award(Grant) at price 0.00 per share. SCHUTT ETHAN G Director — 2026-03-02 00:00:00 D
4 865 — — Stock Award(Grant) at price 0.00 per share. MUNIZ QUINTANILLA DANIEL Director — 2026-03-02 00:00:00 D
5 865 — — Stock Award(Grant) at price 0.00 per share. WHITTAKER, DAWN PATRICIA Director — 2026-03-02 00:00:00 D
6 432 — — Stock Award(Grant) at price 0.00 per share. KYLE HUME D Director — 2026-03-02 00:00:00 D
7 432 — — Stock Award(Grant) at price 0.00 per share. ERFAN ALI REZA Director — 2026-03-02 00:00:00 D
8 22470 200882.0 — Purchase at price 8.94 per share. MUNIZ QUINTANILLA DANIEL Director — 2026-02-06 00:00:00 D
9 4000 37440.0 — Purchase at price 9.36 per share. WHITTAKER, DAWN PATRICIA Director — 2026-02-04 00:00:00 I
Financials
Line Item2025-11-302024-11-302023-11-302022-11-30
TaxEffectOfUnusualItems0.00565.95K164.22K784.00
TaxRateForCalcs0.000.210.210.00
NormalizedEBITDA-42.16M-32.82M-34.48M-46.20M
TotalUnusualItems-37.73M2.69M782.00K784.00K
TotalUnusualItemsExcludingGoodwill-37.73M2.69M782.00K784.00K
NetIncomeFromContinuingOperationNetMinorityInterest-94.66M-45.62M-46.80M-53.34M
ReconciledDepreciation938.00K
ReconciledCostOfRevenue22.00K22.00K10.00K7.00K
EBITDA-79.89M-30.12M-33.70M-45.41M
EBIT-79.89M-30.12M-33.70M-45.41M
NetInterestIncome-9.66M-9.40M-7.27M-6.37M
InterestExpense14.77M14.77M13.06M7.96M
InterestIncome5.11M5.38M5.79M1.59M
NormalizedIncome-56.93M-47.75M-47.42M-54.13M
NetIncomeFromContinuingAndDiscontinuedOperation-94.66M-45.62M-46.80M-53.34M
TotalExpenses25.36M25.27M21.75M19.63M
TotalOperatingIncomeAsReported-47.29M-37.86M-40.31M-48.27M
DilutedAverageShares374.70M334.46M334.06M333.24M
BasicAverageShares374.70M334.46M334.06M333.24M
DilutedEPS-0.25-0.14-0.14-0.16
BasicEPS-0.25-0.14-0.14-0.16
DilutedNIAvailtoComStockholders-94.66M-45.62M-46.80M-53.34M
NetIncomeCommonStockholders-94.66M-45.62M-46.80M-53.34M
NetIncome-94.66M-45.62M-46.80M-53.34M
NetIncomeIncludingNoncontrollingInterests-94.66M-45.62M-46.80M-53.34M
NetIncomeContinuousOperations-94.66M-45.62M-46.80M-53.34M
TaxProvision0.00724.00K39.00K-33.00K
PretaxIncome-94.66M-44.90M-46.76M-53.38M
OtherIncomeExpense-59.64M-10.23M-17.75M-27.38M
OtherNonOperatingIncomeExpenses200.00K
SpecialIncomeCharges0.00743.00K556.00K0.00
GainOnSaleOfPPE0.00743.00K556.00K0.00
RestructuringAndMergernAcquisition541.00K366.00K938.00K
EarningsFromEquityInterest-21.91M-12.92M-18.53M-28.16M
GainOnSaleOfSecurity-37.73M1.95M226.00K784.00K
NetNonOperatingInterestIncomeExpense-9.66M-9.40M-7.27M-6.37M
InterestExpenseNonOperating14.77M14.77M13.06M7.96M
InterestIncomeNonOperating5.11M5.38M5.79M1.59M
OperatingIncome-25.36M-25.27M-21.75M-19.63M
OperatingExpense25.34M25.25M21.73M19.62M
OtherOperatingExpenses339.00K-38.00K-483.00K-2.56M
OtherTaxes-19.00K0.000.00
SellingGeneralAndAdministration25.36M24.91M21.77M20.10M
GeneralAndAdministrativeExpense25.36M24.91M21.77M20.10M
OtherGandA10.69M9.72M6.03M5.18M
SalariesAndWages14.66M15.20M15.74M14.92M
GrossProfit-22.00K-22.00K-10.00K-7.00K
CostOfRevenue22.00K22.00K10.00K7.00K
TotalRevenue0.000.000.000.00
OperatingRevenue0.000.000.000.00
Line Item2025-11-302024-11-302023-11-302022-11-30
OrdinarySharesNumber406.93M334.57M334.25M333.80M
ShareIssued406.93M334.57M334.25M333.80M
NetDebt56.15M109.30M91.00M59.80M
TotalDebt167.06M152.45M137.55M124.63M
TangibleBookValue163.79M-47.42M-8.22M29.90M
InvestedCapital330.09M104.11M128.53M153.59M
WorkingCapital112.55M98.27M123.31M147.94M
NetTangibleAssets163.79M-47.42M-8.22M29.90M
CapitalLeaseObligations762.00K930.00K801.00K944.00K
CommonStockEquity163.79M-47.42M-8.22M29.90M
TotalCapitalization330.09M104.11M128.53M153.59M
TotalEquityGrossMinorityInterest163.79M-47.42M-8.22M29.90M
StockholdersEquity163.79M-47.42M-8.22M29.90M
GainsLossesNotAffectingRetainedEarnings-25.05M-25.11M-24.47M-24.42M
OtherEquityAdjustments-25.05M-25.11M-24.47M-24.42M
RetainedEarnings-2.20B-2.10B-2.06B-2.01B
AdditionalPaidInCapital136.69M93.38M88.62M82.87M
CapitalStock2.25B1.99B1.99B1.98B
CommonStock2.25B1.99B1.99B1.98B
TotalLiabilitiesNetMinorityInterest172.12M157.17M141.51M129.29M
TotalNonCurrentLiabilitiesNetMinorityInterest167.18M152.68M137.61M124.69M
LongTermDebtAndCapitalLeaseObligation166.88M152.28M137.36M124.49M
LongTermCapitalLeaseObligation585.00K761.00K609.00K802.00K
LongTermDebt166.30M151.52M136.75M123.69M
LongTermProvisions300.00K400.00K250.00K200.00K
CurrentLiabilities4.94M4.49M3.91M4.60M
CurrentDebtAndCapitalLeaseObligation177.00K169.00K192.00K142.00K
CurrentCapitalLeaseObligation177.00K169.00K192.00K142.00K
CurrentProvisions124.00K244.00K212.00K1.16M
PayablesAndAccruedExpenses4.64M4.07M3.50M3.30M
CurrentAccruedExpenses2.66M2.48M2.80M2.53M
Payables1.98M1.59M703.00K769.00K
TotalTaxPayable0.00220.00K0.000.00
IncomeTaxPayable0.00220.00K0.000.00
AccountsPayable1.98M1.37M703.00K769.00K
TotalAssets335.91M109.75M133.29M159.19M
TotalNonCurrentAssets218.43M7.00M6.07M6.65M
NonCurrentNoteReceivables0.0023.57M
InvestmentsAndAdvances217.61M5.98M5.17M5.69M
InvestmentinFinancialAssets4.41M3.39M2.10M1.84M
AvailableForSaleSecurities4.41M3.39M2.10M1.84M
TradingSecurities2.10M1.84M1.83M
LongTermEquityInvestment213.20M2.60M3.07M3.85M
InvestmentsinSubsidiariesatCost213.20M2.60M3.07M3.85M
NetPPE818.00K1.01M898.00K958.00K
GrossPPE818.00K1.01M898.00K958.00K
OtherProperties722.00K896.00K757.00K939.00K
MachineryFurnitureEquipment96.00K119.00K141.00K19.00K
CurrentAssets117.49M102.75M127.22M152.54M
PrepaidAssets1.04M1.21M1.12M1.30M
Receivables1.31M323.00K345.00K25.36M
DuefromRelatedPartiesCurrent1.04M212.00K203.00K574.00K
AccruedInterestReceivable201.00K89.00K99.00K62.00K
NotesReceivable0.0024.42M0.00
AccountsReceivable62.00K22.00K43.00K301.00K
CashCashEquivalentsAndShortTermInvestments115.14M101.22M125.75M125.88M
OtherShortTermInvestments5.00M59.00M80.00M62.00M
CashAndCashEquivalents110.14M42.22M45.75M63.88M
Line Item2025-11-302024-11-302023-11-302022-11-30
FreeCashFlow-14.03M-12.64M-7.79M-12.37M
IssuanceOfCapitalStock270.75M0.000.00
EndCashPosition110.14M42.22M45.75M63.88M
BeginningCashPosition42.22M45.75M63.88M91.12M
EffectOfExchangeRateChanges7.00K-64.00K-19.00K-387.00K
ChangesInCash67.91M-3.46M-18.11M-26.86M
FinancingCashFlow259.50M-174.00K0.00-2.12M
CashFlowFromContinuingFinancingActivities259.50M-174.00K0.00-2.12M
NetOtherFinancingCharges-11.25M-174.00K-2.12M-731.00K
NetCommonStockIssuance270.75M0.000.00
CommonStockIssuance270.75M0.000.00
InvestingCashFlow-177.56M9.36M-10.33M-12.36M
CashFlowFromContinuingInvestingActivities-177.56M9.36M-10.33M-12.36M
NetOtherInvestingChanges59.00K24.87M73.00K75.00M
NetInvestmentPurchaseAndSale54.95M21.06M-18.00M16.00M
SaleOfInvestment59.95M140.06M148.00M148.00M
PurchaseOfInvestment-5.00M-119.00M-166.00M-132.00M
NetBusinessPurchaseAndSale-232.52M-12.45M-17.75M-28.43M
PurchaseOfBusiness-232.52M-12.45M-17.75M-28.43M
NetPPEPurchaseAndSale0.00743.00K556.00K0.00
SaleOfPPE0.00743.00K556.00K0.00
OperatingCashFlow-14.03M-12.64M-7.79M-12.37M
CashFlowFromContinuingOperatingActivities-14.03M-12.64M-7.79M-12.37M
ChangeInWorkingCapital-499.00K368.00K-535.00K-2.06M
ChangeInOtherWorkingCapital-157.00K-1.44M-130.00K
ChangeInOtherCurrentLiabilities-220.00K-157.00K-1.44M
ChangeInOtherCurrentAssets-842.00K-100.00K694.00K-1.96M
ChangeInPayablesAndAccruedExpense563.00K625.00K206.00K36.00K
ChangeInAccruedExpense173.00K-309.00K268.00K-92.00K
ChangeInPayable390.00K934.00K-62.00K128.00K
ChangeInAccountPayable610.00K708.00K-62.00K128.00K
ChangeInTaxPayable-220.00K226.00K0.000.00
ChangeInIncomeTaxPayable-220.00K226.00K0.000.00
OtherNonCashItems14.79M15.15M13.07M7.43M
StockBasedCompensation6.70M7.24M8.73M8.21M
UnrealizedGainLossOnInvestmentSecurities-2.01M-1.44M-269.00K-189.00K
DeferredTax0.000.00
DeferredIncomeTax0.000.00
DepreciationAmortizationDepletion938.00K
DepreciationAndAmortization938.00K
Depreciation938.00K
OperatingGainsLosses61.65M11.66M18.02M27.57M
EarningsLossesFromEquityInvestments21.91M12.92M18.53M28.16M
GainLossOnInvestmentSecurities39.61M
NetForeignCurrencyExchangeGainLoss132.00K-516.00K43.00K-595.00K
GainLossOnSaleOfPPE0.00-743.00K-556.00K0.00
NetIncomeFromContinuingOperations-94.66M-45.62M-46.80M-53.34M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for NG
Date User Asset Broker Type Position Size Entry Price Patterns