A share price of Novagold Resources Inc [NG] is currently trading at $6.56, up 2.50%. An important factor to consider is whether the stock is rising or falling in short-term value. The NG shares have gain 11.00% over the last week, with a monthly amount glided 25.43%, 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.
Novagold Resources Inc experienced fluctuations in its stock price throughout the past year between $2.26 and $6.56. 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 $6.56 at the most recent close of the market. An investor can expect a potential drop of -19.97% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.97.
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 6.43 points at the first support level, and at 6.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.66, and for the 2nd resistance point, it is at 6.75.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Novagold Resources Inc [AMEX:NG] is 76.72. On the other hand, the Quick Ratio is 76.72, and 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.
