In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, Novagold Resources Inc (AMEX: NG) closed at $9.32 down -1.17% from its previous closing price of $9.43. In other words, the price has decreased by -$1.17 from its previous closing price. On the day, 1.35 million shares were traded. NG stock price reached its highest trading level at $9.52 during the session, while it also had its lowest trading level at $9.28.
Ratios:
For a deeper understanding of Novagold Resources Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 26.91 and its Current Ratio is at 26.91. In the meantime, Its Debt-to-Equity ratio is 0.92 whereas as Long-Term Debt/Eq ratio is at 0.92.
On July 16, 2025, Citigroup started tracking the stock assigning a Buy rating and target price of $7.Citigroup initiated its Buy rating on July 16, 2025, with a $7 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 28 ’25 when Schutt Ethan bought 3,824 shares for $5.23 per share. The transaction valued at 20,000 led to the insider holds 51,735 shares of the business.
KYLE HUME D. bought 10,000 shares of NG for $41,000 on Jun 30 ’25. The Director now owns 22,348 shares after completing the transaction at $4.10 per share. On May 09 ’25, another insider, Electrum Strategic Resources L, who serves as the 10% Owner of the company, bought 13,333,334 shares for $3.75 each. As a result, the insider paid 50,000,002 and bolstered with 92,902,813 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NG now has a Market Capitalization of 3792559360 and an Enterprise Value of 3830825472.
Stock Price History:
The Beta on a monthly basis for NG is 0.83, which has changed by 1.7331378 over the last 52 weeks, in comparison to a change of 0.15196204 over the same period for the S&P500. Over the past 52 weeks, NG has reached a high of $10.90, while it has fallen to a 52-week low of $2.26. The 50-Day Moving Average of the stock is 2.69%, while the 200-Day Moving Average is calculated to be 49.25%.
Shares Statistics:
For the past three months, NG has traded an average of 3.30M shares per day and 2249190 over the past ten days. A total of 406.90M shares are outstanding, with a floating share count of 304.47M. Insiders hold about 25.18% of the company’s shares, while institutions hold 65.39% stake in the company. Shares short for NG as of 1765756800 were 10594216 with a Short Ratio of 3.21, compared to 1763078400 on 13075601. Therefore, it implies a Short% of Shares Outstanding of 10594216 and a Short% of Float of 3.3299996999999997.
Earnings Estimates
. The current rating of Novagold Resources Inc (NG) is the result of assessments by 3 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is -$0.04, with high estimates of -$0.03 and low estimates of -$0.06.
Analysts are recommending an EPS of between -$0.33 and -$0.35 for the fiscal current year, implying an average EPS of -$0.34. EPS for the following year is -$0.19, with 5.0 analysts recommending between -$0.12 and -$0.25.
