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NovaGold Resources Inc (NG)

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Upturn Advisory Summary
11/28/2025: NG (3-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $11.87
1 Year Target Price $11.87
| 1 | Strong Buy |
| 1 | Buy |
| 1 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 10.84% | Avg. Invested days 36 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.15B USD | Price to earnings Ratio - | 1Y Target Price 11.87 |
Price to earnings Ratio - | 1Y Target Price 11.87 | ||
Volume (30-day avg) 3 | Beta 1.5 | 52 Weeks Range 2.26 - 10.90 | Updated Date 11/30/2025 |
52 Weeks Range 2.26 - 10.90 | Updated Date 11/30/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.25 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -6.21% | Return on Equity (TTM) -129.07% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 4180813719 | Price to Sales(TTM) - |
Enterprise Value 4180813719 | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA -40.37 | Shares Outstanding 406926988 | Shares Floating 371284253 |
Shares Outstanding 406926988 | Shares Floating 371284253 | ||
Percent Insiders 25.03 | Percent Institutions 66.45 |
Upturn AI SWOT
NovaGold Resources Inc

Company Overview
History and Background
NovaGold Resources Inc. was founded in 1984. It is primarily focused on the exploration and development of gold properties, particularly the Donlin Gold project in Alaska, a 50/50 joint venture with Barrick Gold Corporation.
Core Business Areas
- Exploration and Development: Focuses on identifying, acquiring, and developing gold properties, with a primary emphasis on the Donlin Gold project.
- Project Management: Manages and oversees the development of large-scale mining projects.
Leadership and Structure
Greg Lang is the President and CEO. The company has a board of directors overseeing its operations. The structure is typical of a mining exploration and development company, with teams focused on exploration, engineering, finance, and investor relations.
Top Products and Market Share
Key Offerings
- Donlin Gold Project: NovaGold's primary asset is its 50% interest in the Donlin Gold project, one of the largest known gold deposits in the world. Market share is not directly applicable as it is a project under development, not a producing mine. Competitors are other large-scale gold mining projects.
Market Dynamics
Industry Overview
The gold mining industry is influenced by gold prices, geopolitical factors, environmental regulations, and technological advancements. Demand for gold comes from investment, jewelry, and industrial uses.
Positioning
NovaGold is positioned as a developer of a large, high-potential gold deposit. Its competitive advantage lies in the size and grade of the Donlin Gold project.
Total Addressable Market (TAM)
The global gold market is estimated to be in the trillions of dollars. NovaGold's positioning within this TAM is focused on capturing value from its share of the Donlin Gold project once it becomes operational.
Upturn SWOT Analysis
Strengths
- Large, high-grade gold deposit (Donlin Gold)
- Significant resource base
- Joint venture partnership with Barrick Gold
- Experienced management team
Weaknesses
- Project is not yet producing revenue
- Reliance on joint venture partner
- Significant capital expenditure required for development
- Subject to permitting and regulatory approvals
Opportunities
- Increasing gold prices
- Advancements in mining technology
- Potential for resource expansion
- Strategic partnerships
Threats
- Fluctuations in gold prices
- Environmental regulations
- Political and social risks in Alaska
- Rising operating costs
Competitors and Market Share
Key Competitors
- GOLD
- NEM
- FNV
Competitive Landscape
NovaGold is unique due to its focus on the Donlin Gold project. Its competitive advantage lies in the size and grade of the deposit, but it faces challenges related to permitting and development costs. Major Gold mining companies typically have more established business in the market.
Growth Trajectory and Initiatives
Historical Growth: Historical growth is characterized by resource expansion and project advancement, not revenue generation.
Future Projections: Future growth depends on the successful development of the Donlin Gold project. Analyst estimates vary widely based on the assumed timeline for project completion and gold prices.
Recent Initiatives: Recent initiatives include ongoing feasibility studies, permitting efforts, and exploration activities at the Donlin Gold project.
Summary
NovaGold Resources is a development-stage mining company with significant potential stemming from its large stake in the Donlin Gold project. Its success is tied to navigating the regulatory landscape and successfully developing the Donlin deposit. The current challenge is to achieve the milestone of project completion with its partner Barrick Gold. Fluctuations in gold prices and political risk in Alaska remain key factors to monitor. The company's financial strength and successful partner collaboration are vital for future growth.
Similar Stocks
Sources and Disclaimers
Data Sources:
- Company filings
- Analyst reports
- Industry publications
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on your own research and due diligence.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About NovaGold Resources Inc
Exchange NYSE MKT | Headquaters Vancouver, BC, Canada | ||
IPO Launch date 2003-12-04 | President, CEO & Non-Independent Director Mr. Gregory A. Lang | ||
Sector Basic Materials | Industry Gold | Full time employees 14 | Website https://www.novagold.com |
Full time employees 14 | Website https://www.novagold.com | ||
NovaGold Resources Inc. explores and develops gold mineral properties in the United States. Its principal asset owns 50% 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.

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