B
Bull
Bull · 25%NG
$7.60
Scenario price
$8.750
-0.355 (-4.06%)At close
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- High
- 9.300
- Open
- 9.200
- VWAP
- 8.90
- Vol
- 5.29M
- Mkt Cap
- 1.21B
- Low
- 8.640
- Amount
- 47.06M
- EV/EBITDA, TTM
- 0.00
NovaGold Resources Inc. is a gold development company focused on advancing the Donlin Gold project in Alaska. The Donlin Gold project is located in the historic Kuskokwim Gold Belt of Southwest Alaska, 10 miles north of the village of Crooked Creek, and is managed by Donlin Gold LLC, which is owned by NOVAGOLD and Paulson Advisers LLC. The Donlin Gold project contains approximately 40 million ounces of gold in the Measured and Indicated Mineral Resource categories.
AI analysis of NovaGold Resources Inc (NG)
buyNovaGold Resources Inc is a good buy right now, especially given its current price of $8.75, which is below the analyst target of $9 from B. Riley and significantly lower than the $13.60 target from Morgan Stanley. The company's recent acquisition of a 40% stake in the Donlin Gold project, which is projected to produce 1.3 million ounces of gold annually, positions it favorably in a potentially rising gold market. However, the main risk is the ongoing net losses, with a reported loss of $25.5 million in Q2 2026, which could impact cash flow and profitability in the short term.
Analyst Ratings (1)
+59.54% upside
Buy
1 Buy
0 Hold
0 Sell
Current: 8.75
Low
10.90
Average
13.96
High
17.44
Morgan Stanley
Overweight
—
2026-07-08
Morgan Stanley
2026-07-08
Price Target
—
Overweight
Morgan Stanley
Overweight
$13.80
2026-04-08
Morgan Stanley
2026-04-08
Price Target
$13.80
Overweight
Canaccord
Speculative Buy
$13
2026-03-27
Canaccord
2026-03-27
Price Target
$13
Speculative Buy
Scotiabank
Outperform
$21
2026-02-06
Scotiabank
2026-02-06
Price Target
$21
Outperform
Scotiabank
Outperform
—
2026-02-05
Scotiabank
2026-02-05
Price Target
—
Outperform
Valuation Metrics
The current forward P/E ratio for NovaGold Resources Inc (NG) is 4.90, compared to its 5-year average forward P/E of -40.78.
Alphio AI Price Scenarios for NG
Scenario prices are the last monthly forecast band of the current year. Probabilities are fixed model weights (25 / 50 / 25), not guarantees.
Whales holding NG
Events Timeline
News
7.507-22CNBCPaulson: Gold in Early Stages of Long-Term Bull Market
8.507-22seekingalphaNovaGold Acquires 40% Stake in Donlin Gold from Paulson Advisers
9.506-24Yahoo FinanceNovaGold Reports Q2 2026 Loss Amid Increased Expenses
2.006-24NASDAQ.COMOil & Gas Exploration Stocks Lagging Market on Wednesday
9.506-24seekingalphaNovaGold Resources Reports Q2 2026 Earnings Insights
NG FAQ — answered by Alphio AI
NovaGold Resources Inc. is a gold development company focused on advancing the Donlin Gold project in Alaska. The Donlin Gold project is located in the historic Kuskokwim Gold Belt of Southwest Alaska, 10 miles north of the village of Crooked Creek, and is managed by Donlin Gold LLC, which is owned by NOVAGOLD and Paulson Advisers LLC. The Donlin Gold project contains approximately 40 million ounces of gold in the Measured and Indicated Mineral Resource categories. It operates in the Basic Materials sector (GOLD AND SILVER ORES industry).
NovaGold Resources Inc is a good buy right now, especially given its current price of $8.75, which is below the analyst target of $9 from B. Riley and significantly lower than the $13.60 target from Morgan Stanley. The company's recent acquisition of a 40% stake in the Donlin Gold project, which is projected to produce 1.3 million ounces of gold annually, positions it favorably in a potentially rising gold market. However, the main risk is the ongoing net losses, with a reported loss of $25.5 million in Q2 2026, which could impact cash flow and profitability in the short term.
1 analysts cover NG: 1 rate it Buy, 0 Hold and 0 Sell. The average price target is 13.96.
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.