Trading Day Review: Novagold Resources Inc (NG) Gains Momentum, Closing at $7.64

Abby Carey

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

The price of Novagold Resources Inc (AMEX: NG) closed at $7.64 in the last session, up 1.46% from day before closing price of $7.53. In other words, the price has increased by $1.46 from its previous closing price. On the day, 3.62 million shares were traded. NG stock price reached its highest trading level at $7.81 during the session, while it also had its lowest trading level at $7.505.

Ratios:

We take a closer look at NG’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 76.72 and its Current Ratio is at 76.72. In the meantime, Its Debt-to-Equity ratio is 0.97 whereas as Long-Term Debt/Eq ratio is at 0.96.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of . The stock’s future direction. In the most recent recommendation for this company, Citigroup on July 16, 2025, initiated with a Buy rating and assigned the stock a target price of $7.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 3108697856 and an Enterprise Value of 2949615104.

Stock Price History:

The Beta on a monthly basis for NG is 0.74, which has changed by 0.7522936 over the last 52 weeks, in comparison to a change of 0.1675967 over the same period for the S&P500. Over the past 52 weeks, NG has reached a high of $7.55, while it has fallen to a 52-week low of $2.26. The 50-Day Moving Average of the stock is 24.76%, while the 200-Day Moving Average is calculated to be 82.74%.

Shares Statistics:

According to the various share statistics, NG traded on average about 3.59M shares per day over the past 3-months and 4425880 shares per day over the past 10 days. A total of 399.72M shares are outstanding, with a floating share count of 304.45M. Insiders hold about 25.18% of the company’s shares, while institutions hold 62.34% stake in the company. Shares short for NG as of 1756425600 were 13974151 with a Short Ratio of 3.89, compared to 1753920000 on 13637498. Therefore, it implies a Short% of Shares Outstanding of 13974151 and a Short% of Float of 4.3899998.

Earnings Estimates

At present, 3.0 analysts are actively evaluating the performance of Novagold Resources Inc (NG) in the stock market.The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.04 and low estimates of -$0.05.

Analysts are recommending an EPS of between -$0.15 and -$0.4 for the fiscal current year, implying an average EPS of -$0.3. EPS for the following year is -$0.18, with 4.0 analysts recommending between -$0.15 and -$0.22.

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