Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Novagold Resources Inc (AMEX: NG) closed at $8.1 down -0.37% from its previous closing price of $8.13. In other words, the price has decreased by -$0.37 from its previous closing price. On the day, 3.8 million shares were traded. NG stock price reached its highest trading level at $8.4492 during the session, while it also had its lowest trading level at $7.93.
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.
RBC Capital Mkts Upgraded its Sector Perform to Outperform on June 04, 2025, while the target price for the stock was maintained at $7.
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 3296108544 and an Enterprise Value of 3334374656.
Stock Price History:
The Beta on a monthly basis for NG is 0.73, which has changed by 1.3410404 over the last 52 weeks, in comparison to a change of 0.20772064 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 0.47%, while the 200-Day Moving Average is calculated to be 63.38%.
Shares Statistics:
For the past three months, NG has traded an average of 3.85M shares per day and 3326320 over the past ten days. A total of 406.90M shares are outstanding, with a floating share count of 304.48M. Insiders hold about 25.18% of the company’s shares, while institutions hold 62.35% stake in the company. Shares short for NG as of 1760486400 were 12861664 with a Short Ratio of 3.34, compared to 1757894400 on 13363640. Therefore, it implies a Short% of Shares Outstanding of 12861664 and a Short% of Float of 4.04.
Earnings Estimates
The stock of Novagold Resources Inc (NG) is currently in the spotlight, with 1 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.06 and low estimates of -$0.06.
Analysts are recommending an EPS of between -$0.34 and -$0.35 for the fiscal current year, implying an average EPS of -$0.35. EPS for the following year is -$0.21, with 4.0 analysts recommending between -$0.15 and -$0.25.
