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Novagold Resources Inc New (TSE:NG)
TSX:NG
RESEARCH TOOLSreports
Novagold Resources New (NG) Stock Price & Analysis
29 Followers
NG Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$2.98 - C$6.16
Previous CloseC$4.89
Volume154.27K
Average Volume (3M)203.74K
Market Cap
C$1.64B
Enterprise ValueC$1.68B
Total Cash (Recent Filing)$112.57M
Total Debt (Recent Filing)$145.07M
Price to Earnings (P/E)―
Beta1.00
Next Earnings
Oct 02, 2024EPS Estimate
-C$0.03Last Dividend Ex-Date
May 01, 2012Dividend YieldN/A
Share Statistics
EPS (TTM)-0.18
Shares Outstanding334,371,223
10 Day Avg. Volume223,724
30 Day Avg. Volume203,741
Standard Deviation0.15
R-Squared0.08
Alpha0.00406
Financial Highlights & Ratios
Price to Book (P/B)-96.47
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-72.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-168.00K
Enterprise Value/Ebitda-54.85
Forecast
1Y Price Target
C$6.64Price Target Upside35.84% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Novagold Resources New News
PremiumCompany Announcements
NOVAGold Advances Donlin Gold Project in Q2 2024
PremiumCompany Announcements
NOVAGOLD Appoints Peter Adamek as CFO
Bulls Say, Bears Say
Bulls Say
Earnings VisibilityNational Grid has enhanced earnings visibility with a new outlook extending to 2029.
Growth PotentialEPS growth targets likely have moderate upside from further capex upgrades and potentially favourable regulatory outcomes.
ValuationNational Grid trades at a discount to both its historical averages and EU peers.
Bears Say
DividendThe share price reaction included disappointment due to the dividend cut.
EarningsThe stock reflected dilution and a negative share price reaction due to the lack of EPS growth rate target upgrade and disappointment from the dividend cut.
ValuationThe stock trades at a discount to its history and EU peers.
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NG FAQ
What was Novagold Resources Inc New’s price range in the past 12 months?
Novagold Resources Inc New lowest stock price was C$2.98 and its highest was C$6.16 in the past 12 months.
What is Novagold Resources Inc New’s market cap?
Currently, no data Available
When is Novagold Resources Inc New’s upcoming earnings report date?
Novagold Resources Inc New’s upcoming earnings report date is Oct 02, 2024 which is in 88 days.
How were Novagold Resources Inc New’s earnings last quarter?
Novagold Resources Inc New released its earnings results on Jun 26, 2024. The company reported -C$0.055 earnings per share for the quarter, missing the consensus estimate of -C$0.027 by -C$0.028.
Is Novagold Resources Inc New overvalued?
According to Wall Street analysts Novagold Resources Inc New’s price is currently Undervalued.
Does Novagold Resources Inc New pay dividends?
Novagold Resources Inc New pays a Notavailable dividend of C$0.94 which represents an annual dividend yield of N/A. See more information on Novagold Resources Inc New dividends here
What is Novagold Resources Inc New’s EPS estimate?
Novagold Resources Inc New’s EPS estimate is -C$0.03.
How many shares outstanding does Novagold Resources Inc New have?
Novagold Resources Inc New has 334,430,730 shares outstanding.
What happened to Novagold Resources Inc New’s price movement after its last earnings report?
Novagold Resources Inc New reported an EPS of -C$0.055 in its last earnings report, missing expectations of -C$0.027. Following the earnings report the stock price went up 5.996%.
Which hedge fund is a major shareholder of Novagold Resources Inc New?
Among the largest hedge funds holding Novagold Resources Inc New’s share is Paulson & Co Inc. It holds Novagold Resources Inc New’s shares valued at 82M.
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Novagold Resources New Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
C$6.64 (35.84% Upside)
C$6.64 (35.84% Upside)
Blogger Sentiment
Bullish
TSE:NG Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 9.4M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 2.1%
Last 30 Days ▼ 1.4%
Last 30 Days ▼ 1.4%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-8.62%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-14.90%
Trailing 12-Months
Company Description
Novagold Resources Inc New
NovaGold Resources, Inc. engages in the acquisition, exploration, and development of metal properties primarily located in Alaska and British Columbia. Its developments include Donlin Gold and Galore Creek projects. The company was founded by Gregory Shawn Johnson, John W. Chisholm, Macisaac G. Angus, Rick van Nieuwenhuyse, and Gerald James McConnell on December 5, 1984 and is headquartered Vancouver, Canada.
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NG Earnings Call
Q2 2024
0:00 / 0:00
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NG Stock 12 Month Forecast
Average Price Target
C$6.64
▲(35.84% Upside)
Technical Analysis
Novagold Resources New
―
Newmont Mining
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Agnico Eagle
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Freeport-McMoRan
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Eldorado Gold
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Best Analysts Covering NG
1 Year
1 Year Success Rate
3/8 ratings generated profit
1 Year Average Return
-8.46%
reiterated a buy rating 3 months ago
Copying Mike Parkin's trades and holding each position for 1 Year would result in 37.50% of your transactions generating a profit, with an average return of -8.46% per trade.
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