Novagold Resources Inc [NG] stock is trading at $4.21, down -4.54%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NG shares have gain 17.60% over the last week, with a monthly amount glided 7.67%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Novagold Resources Inc [AMEX: NG] stock has seen the most recent analyst activity on June 04, 2025, when RBC Capital Mkts upgraded its rating to a Outperform but kept the price target unchanged to $7 for it. B. Riley FBR Inc. started tracking the stock assigning a Buy rating and suggested a price target of $7 on December 19, 2017. JP Morgan upgraded its rating to a Overweight. RBC Capital Mkts reiterated a Sector Perform rating for this stock on October 17, 2011, and downed its price target to $11. In a note dated January 21, 2011, RBC Capital Mkts upgraded an Sector Perform rating on this stock and boosted its target price from $9 to $16.
Novagold Resources Inc [NG] stock has fluctuated between $2.26 and $5.06 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 $4.21 at the most recent close of the market. An investor can expect a potential return of 24.7% based on the average NG price forecast.
Analyzing the NG fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -0.44, Equity is 1.05 and Total Capital is -0.32. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -2.78.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.08 points at the first support level, and at 3.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.40, and for the 2nd resistance point, it is at 4.59.
Ratios To Look Out For
For context, Novagold Resources Inc’s Current Ratio is 47.82. As well, the Quick Ratio is 47.82, while the Cash Ratio is 17.16.
Transactions by insiders
Recent insider trading involved Electrum Strategic Resources L, 10% Owner, that happened on May 09 ’25 when 13.33 million shares were purchased.
