NG

Company Overview — What Does NOVAGOLD RESOURCES INC Do?

NovaGold Resources Inc. explores for and develops gold mineral properties in the United States. Its principal asset is the Donlin Gold project consisting of 493 mining claims covering an area of approximately 29,008 hectares located in the Kuskokwim region of southwestern Alaska. The company was formerly known as NovaCan Mining Resources (1985) Limited and changed its name to NovaGold Resources Inc. in March 1987. NovaGold Resources Inc. was incorporated in 1984 and is based in Vancouver, Canada. NOVAGOLD RESOURCES INC (NG) is classified as a mid-cap stock in the Materials sector, specifically within the Precious Metals industry. The company is led by CEO Gregory A. Lang and employs approximately 10 people, headquartered in VANCOUVER, Utah. With a market capitalization of $4.1B, NG is one of the notable companies in the Materials sector.

NOVAGOLD RESOURCES INC (NG) Stock Rating — Reduce (April 2026)

As of April 2026, NOVAGOLD RESOURCES INC receives a Reduce rating with a composite score of 34.7/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.NG ranks #3,309 out of 4,446 stocks in our coverage universe. Within the Materials sector, NOVAGOLD RESOURCES INC ranks #236 of 284 stocks, placing it in the lower half of its Materials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

NG Stock Price and 52-Week Range

NOVAGOLD RESOURCES INC (NG) currently trades at $9.48. The stock gained $0.14 (1.5%) in the most recent trading session. The 52-week high for NG is $13.48, which means the stock is currently trading -29.7% from its annual peak. The 52-week low is $2.26, putting the stock 319.5% above its annual trough. Recent trading volume was 2.4M shares, reflecting moderate market activity.

Is NG Overvalued or Undervalued? — Valuation Analysis

NOVAGOLD RESOURCES INC (NG) carries a value factor score of 36/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 8.80x, versus the sector average of 2.83x.

At current multiples, NOVAGOLD RESOURCES INC trades at a premium to most Materials peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

NOVAGOLD RESOURCES INC Profitability — ROE, Margins, and Quality Score

NOVAGOLD RESOURCES INC (NG) earns a quality factor score of 13/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -21.3%, compared to the Materials sector average of 3.3%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -15.3% versus the sector average of 0.6%.

Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

NG Debt, Balance Sheet, and Financial Health

NOVAGOLD RESOURCES INC has a debt-to-equity ratio of 39.0%, compared to the Materials sector average of 41.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 88.72x, indicating strong short-term liquidity. Total debt on the balance sheet is $166M. Cash and equivalents stand at $110M.

NG has a beta of 1.30, meaning it is more volatile than the broader market — a $10,000 investment in NG would be expected to move 29.6% more than the S&P 500 on any given day. The stability factor score for NOVAGOLD RESOURCES INC is 31/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

NOVAGOLD RESOURCES INC Revenue and Earnings History — Quarterly Trend

In TTM 2026, NOVAGOLD RESOURCES INC reported revenue of $0 and earnings per share (EPS) of $-0.04. Net income for the quarter was $-94M. Operating income came in at $-48M.

In Q1 2026, NOVAGOLD RESOURCES INC reported revenue of $0 and earnings per share (EPS) of $-0.04. Net income for the quarter was $-15M. Operating income came in at $-15M.

In FY 2025, NOVAGOLD RESOURCES INC reported revenue of $0 and earnings per share (EPS) of $-0.25. Net income for the quarter was $-95M. Operating income came in at $-47M.

In Q3 2025, NOVAGOLD RESOURCES INC reported revenue of $0 and earnings per share (EPS) of $-0.04. Net income for the quarter was $-16M. Operating income came in at $-14M.

Over the past 8 quarters, NOVAGOLD RESOURCES INC has experienced revenue contraction from $0 to $0. Investors analyzing NG stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

NG Dividend Yield and Income Analysis

NOVAGOLD RESOURCES INC (NG) does not currently pay a dividend. This is common among smaller companies in the Precious Metals industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Materials dividend stocks may want to explore other Materials stocks or use the stock screener to filter by dividend yield.

NG Momentum and Technical Analysis Profile

NOVAGOLD RESOURCES INC (NG) has a momentum factor score of 59/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 25/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 51/100 reflects moderate short selling activity.

NG vs Competitors — Materials Sector Ranking and Peer Comparison

Within the Materials sector, NOVAGOLD RESOURCES INC (NG) ranks #236 out of 284 stocks based on the Blank Capital composite score. This places NG in the lower half of all Materials stocks in our coverage universe. Key competitors and sector peers include CF Industries Holdings, Inc. (CF) with a score of 56.6/100, Nutrien Ltd. (NTR) with a score of 56.6/100, CVR PARTNERS, LP (UAN) with a score of 55.6/100, LSB INDUSTRIES, INC. (LXU) with a score of 53.6/100, and ACME UNITED CORP (ACU) with a score of 51.2/100.

Comparing NG against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full NG vs S&P 500 (SPY) comparison to assess how NOVAGOLD RESOURCES INC stacks up against the broader market across all factor dimensions.

NG Next Earnings Date

No upcoming earnings date has been announced for NOVAGOLD RESOURCES INC (NG) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy NG? — Investment Thesis Summary

The quantitative profile for NOVAGOLD RESOURCES INC suggests caution. The quality score of 13/100 flags below-average profitability. The value score of 36/100 indicates premium valuation. High volatility (stability score 31/100) increases portfolio risk.

In summary, NOVAGOLD RESOURCES INC (NG) earns a Reduce rating with a composite score of 34.7/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on NG stock.

Related Resources for NG Investors

Explore more research and tools: NG vs S&P 500 comparison, top Materials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare NG head-to-head with peers: NG vs CF, NG vs NTR, NG vs UAN.