The closing price of Novagold Resources Inc (AMEX: NG) was $5.23 for the day, down -2.43% from the previous closing price of $5.36. In other words, the price has decreased by -$2.43 from its previous closing price. On the day, 1.65 million shares were traded. NG stock price reached its highest trading level at $5.31 during the session, while it also had its lowest trading level at $5.15.
Ratios:
Our analysis of NG’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 30 ’25 when KYLE HUME D. bought 10,000 shares for $4.10 per share. The transaction valued at 41,000 led to the insider holds 22,348 shares of the business.
Electrum Strategic Resources L bought 13,333,334 shares of NG for $50,000,002 on May 09 ’25. The 10% Owner now owns 92,902,813 shares after completing the transaction at $3.75 per share.
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 2144796928 and an Enterprise Value of 2021888384.
Stock Price History:
The Beta on a monthly basis for NG is 0.72, which has changed by 0.10805082 over the last 52 weeks, in comparison to a change of 0.17535925 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 19.15%, while the 200-Day Moving Average is calculated to be 43.56%.
Shares Statistics:
NG traded an average of 4.75M shares per day over the past three months and 3182690 shares per day over the past ten days. A total of 399.72M shares are outstanding, with a floating share count of 304.47M. Insiders hold about 25.17% of the company’s shares, while institutions hold 47.67% stake in the company. Shares short for NG as of 1752537600 were 14039647 with a Short Ratio of 2.96, compared to 1749772800 on 12120350. Therefore, it implies a Short% of Shares Outstanding of 14039647 and a Short% of Float of 4.4099998000000005.
