Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $5.97 in the prior trading day, Novagold Resources Inc (AMEX: NG) closed at $6.01, up 0.67%. In other words, the price has increased by $0.67 from its previous closing price. On the day, 2.46 million shares were traded. NG stock price reached its highest trading level at $6.06 during the session, while it also had its lowest trading level at $5.8947.
Ratios:
Our goal is to gain a better understanding of NG by taking a closer look at its different ratios. 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.
On June 04, 2025, RBC Capital Mkts Upgraded its rating to Outperform which previously was Sector Perform but kept the price unchanged to $7.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 2447608576 and an Enterprise Value of 2286371840.
Stock Price History:
The Beta on a monthly basis for NG is 0.65, which has changed by 0.27330506 over the last 52 weeks, in comparison to a change of 0.15005577 over the same period for the S&P500. Over the past 52 weeks, NG has reached a high of $6.16, while it has fallen to a 52-week low of $2.26. The 50-Day Moving Average of the stock is 21.89%, while the 200-Day Moving Average is calculated to be 58.85%.
Shares Statistics:
The stock has traded on average 3.95M shares per day over the past 3-months and 2971280 shares per day over the last 10 days, according to various share statistics. A total of 399.72M shares are outstanding, with a floating share count of 304.46M. Insiders hold about 25.17% of the company’s shares, while institutions hold 61.67% stake in the company. Shares short for NG as of 1753920000 were 13637498 with a Short Ratio of 3.45, compared to 1751241600 on 13278800. Therefore, it implies a Short% of Shares Outstanding of 13637498 and a Short% of Float of 4.279999999999999.
Earnings Estimates
A comprehensive evaluation of Novagold Resources Inc (NG) is underway, with the input of 2.0 analysts contributing to its current rating.The consensus estimate for the next quarter is -$0.05, with high estimates of -$0.05 and low estimates of -$0.05.
Analysts are recommending an EPS of between -$0.3 and -$0.4 for the fiscal current year, implying an average EPS of -$0.34. EPS for the following year is -$0.18, with 4.0 analysts recommending between -$0.15 and -$0.22.
