At the time of writing, Novagold Resources Inc [NG] stock is trading at $5.66, down -0.88%. 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 7.40% over the last week, with a monthly amount glided 19.92%, 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 July 16, 2025, when Citigroup initiated its Buy rating and assigned the stock a price target of $7. Previously, RBC Capital Mkts upgraded its rating to Outperform on June 04, 2025, and kept the price target unchanged to $7. On July 20, 2022, National Bank Financial initiated with a Outperform rating. B. Riley FBR Inc. initiated its recommendation with a Buy and recommended $7 as its price target on December 19, 2017. JP Morgan upgraded its rating to Overweight for this stock on September 27, 2016. In a note dated October 17, 2011, RBC Capital Mkts reiterated an Sector Perform rating on this stock and revised its target price from $16 to $11.
For the past year, the stock price of Novagold Resources Inc fluctuated between $2.26 and $6.16. 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 $5.66 at the most recent close of the market. An investor can expect a potential drop of -7.24% 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 -14.21 and Total Capital is -0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.97.
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 is important to note that Novagold Resources Inc [AMEX:NG] has a current ratio of 76.72. Further, the Quick Ratio stands at 76.72, while the Cash Ratio is 70.12.
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.
