Novagold Resources Inc (NG) stock hits $10.08: Is it a good time to buy or wait for a dip?

Nora Barnes

Novagold Resources Inc [NG] stock prices are saw in change for the day to $10.08 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The NG shares have gain 9.57% over the last week, with a monthly amount glided 6.55%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Previously, National Bank Financial upgraded its rating to Outperform on October 29, 2025. On July 16, 2025, Citigroup initiated with a Buy rating and assigned a price target of $7 on the stock. RBC Capital Mkts upgraded its rating to a Outperform but stick to its price target of $7 on June 04, 2025. National Bank Financial initiated its recommendation with a Outperform. In a note dated December 19, 2017, B. Riley FBR Inc. initiated an Buy rating and provided a target price of $7 on this stock.

The stock price of Novagold Resources Inc [NG] has been fluctuating between $2.26 and $10.90 over the past year. Currently, Wall Street analysts expect the stock to reach $5.25 within the next 12 months. Novagold Resources Inc [AMEX: NG] shares were valued at $10.08 at the most recent close of the market. An investor can expect a potential drop of -47.92% based on the average NG price forecast.

Analyzing the NG fundamentals

To continue investigating profitability, this company’s Return on Assets is posted at -0.26, Equity is -1.51 and Total Capital is -0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -0.03.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.

Ratios To Look Out For

It’s worth pointing out that Novagold Resources Inc [AMEX:NG]’s Current Ratio is 26.91. Further, the Quick Ratio stands at 26.91, while the Cash Ratio is 1.85.

Transactions by insiders

Recent insider trading involved Schutt Ethan, Director, that happened on Jul 28 ’25 when 3824.0 shares were purchased. Director, KYLE HUME D. completed a deal on Jun 30 ’25 to buy 10000.0 shares. Meanwhile, 10% Owner Electrum Strategic Resources L bought 13.33 million shares on May 09 ’25.

MZP News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.