Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
Novagold Resources Inc (AMEX: NG) closed the day trading at $6.76 up 0.15% from the previous closing price of $6.75. In other words, the price has increased by $0.15 from its previous closing price. On the day, 4.04 million shares were traded. NG stock price reached its highest trading level at $6.87 during the session, while it also had its lowest trading level at $6.67.
Ratios:
For a better understanding of NG, let’s 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.
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 2759499520 and an Enterprise Value of 2591545088.
Stock Price History:
The Beta on a monthly basis for NG is 0.73, which has changed by 0.81720436 over the last 52 weeks, in comparison to a change of 0.18469036 over the same period for the S&P500. Over the past 52 weeks, NG has reached a high of $6.95, while it has fallen to a 52-week low of $2.26. The 50-Day Moving Average of the stock is 22.07%, while the 200-Day Moving Average is calculated to be 69.51%.
Shares Statistics:
Over the past 3-months, NG traded about 3.51M shares per day on average, while over the past 10 days, NG traded about 3330090 shares per day. A total of 399.72M shares are outstanding, with a floating share count of 304.45M. Insiders hold about 25.17% of the company’s shares, while institutions hold 62.30% stake in the company. Shares short for NG as of 1755216000 were 13678761 with a Short Ratio of 3.90, compared to 1752537600 on 14039647. Therefore, it implies a Short% of Shares Outstanding of 13678761 and a Short% of Float of 4.3.
Earnings Estimates
The firm’s stock currently is rated by 2.0 analysts. 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.
