NOVAGOLD RESOURCES INC (NG.CA) Fundamental Analysis & Valuation

TSX:NG • CA66987E2069

Current stock price

10.93 CAD
-0.07 (-0.64%)
Last:

This NG.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

1

1. NG.CA Profitability Analysis

1.1 Basic Checks

  • NG had negative earnings in the past year.
  • In the past year NG has reported a negative cash flow from operations.
  • NG had negative earnings in each of the past 5 years.
  • NG had a negative operating cash flow in each of the past 5 years.
NG.CA Yearly Net Income VS EBIT VS OCF VS FCFNG.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 -20M -40M -60M -80M -100M

1.2 Ratios

  • With a Return On Assets value of -16.30%, NG perfoms like the industry average, outperforming 54.79% of the companies in the same industry.
  • With a Return On Equity value of -22.73%, NG perfoms like the industry average, outperforming 54.05% of the companies in the same industry.
Industry RankSector Rank
ROA -16.3%
ROE -22.73%
ROIC N/A
ROA(3y)-34.95%
ROA(5y)-31.75%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
NG.CA Yearly ROA, ROE, ROICNG.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 200 400

1.3 Margins

  • NG does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
NG.CA Yearly Profit, Operating, Gross MarginsNG.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

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5

2. NG.CA Health Analysis

2.1 Basic Checks

  • Compared to 1 year ago, NG has more shares outstanding
  • The number of shares outstanding for NG has been increased compared to 5 years ago.
  • Compared to 1 year ago, NG has an improved debt to assets ratio.
NG.CA Yearly Shares OutstandingNG.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M
NG.CA Yearly Total Debt VS Total AssetsNG.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M

2.2 Solvency

  • An Altman-Z score of 7.61 indicates that NG is not in any danger for bankruptcy at the moment.
  • NG has a Altman-Z score of 7.61. This is comparable to the rest of the industry: NG outperforms 58.90% of its industry peers.
  • A Debt/Equity ratio of 0.38 indicates that NG is not too dependend on debt financing.
  • NG has a Debt to Equity ratio of 0.38. This is in the lower half of the industry: NG underperforms 71.48% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.38
Debt/FCF N/A
Altman-Z 7.61
ROIC/WACCN/A
WACCN/A
NG.CA Yearly LT Debt VS Equity VS FCFNG.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 100M 200M 300M

2.3 Liquidity

  • NG has a Current Ratio of 88.72. This indicates that NG is financially healthy and has no problem in meeting its short term obligations.
  • NG's Current ratio of 88.72 is amongst the best of the industry. NG outperforms 98.88% of its industry peers.
  • NG has a Quick Ratio of 88.72. This indicates that NG is financially healthy and has no problem in meeting its short term obligations.
  • With an excellent Quick ratio value of 88.72, NG belongs to the best of the industry, outperforming 98.88% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 88.72
Quick Ratio 88.72
NG.CA Yearly Current Assets VS Current LiabilitesNG.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M

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1

3. NG.CA Growth Analysis

3.1 Past

  • The earnings per share for NG have decreased strongly by -15.38% in the last year.
EPS 1Y (TTM)-15.38%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-33.33%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

  • Based on estimates for the next years, NG will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.28% on average per year.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y-31.4%
EPS Next 2Y-14.5%
EPS Next 3Y1.35%
EPS Next 5Y14.28%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
NG.CA Yearly Revenue VS EstimatesNG.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2032 2033 1B 2B 3B
NG.CA Yearly EPS VS EstimatesNG.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 -0.05 -0.1 -0.15 -0.2 -0.25

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0

4. NG.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for NG. In the last year negative earnings were reported.
  • Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for NG. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
NG.CA Price Earnings VS Forward Price EarningsNG.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 -40

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
NG.CA Per share dataNG.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 1

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-14.5%
EPS Next 3Y1.35%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. NG.CA Dividend Analysis

5.1 Amount

  • No dividends for NG!.
Industry RankSector Rank
Dividend Yield 0%

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NG.CA Fundamentals: All Metrics, Ratios and Statistics

NOVAGOLD RESOURCES INC

TSX:NG (5/1/2026, 7:00:00 PM)

10.93

-0.07 (-0.64%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Industry Strength93.79
Industry Growth92.55
Earnings (Last)04-01
Earnings (Next)06-23
Inst Owners74.03%
Inst Owner ChangeN/A
Ins Owners1.3%
Ins Owner ChangeN/A
Market Cap4.80B
Revenue(TTM)N/A
Net Income(TTM)-100.98M
Analysts85
Price Target20.63 (88.75%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)18.68%
Min EPS beat(2)12.4%
Max EPS beat(2)24.96%
EPS beat(4)3
Avg EPS beat(4)7.06%
Min EPS beat(4)-12.01%
Max EPS beat(4)24.96%
EPS beat(8)4
Avg EPS beat(8)-16.25%
EPS beat(12)4
Avg EPS beat(12)-30.09%
EPS beat(16)4
Avg EPS beat(16)-32.96%
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-7.97%
PT rev (3m)30.48%
EPS NQ rev (1m)0.72%
EPS NQ rev (3m)-26.27%
EPS NY rev (1m)5.3%
EPS NY rev (3m)-20.88%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S N/A
P/FCF N/A
P/OCF N/A
P/B 7.9
P/tB 7.9
EV/EBITDA N/A
EPS(TTM)-0.21
EYN/A
EPS(NY)-0.25
Fwd EYN/A
FCF(TTM)-0.04
FCFYN/A
OCF(TTM)-0.04
OCFYN/A
SpS0
BVpS1.38
TBVpS1.38
PEG (NY)N/A
PEG (5Y)N/A
Graham Number0 (-100%)
Profitability
Industry RankSector Rank
ROA -16.3%
ROE -22.73%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-34.95%
ROA(5y)-31.75%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0.38
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 88.72
Quick Ratio 88.72
Altman-Z 7.61
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-15.38%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-33.33%
EPS Next Y-31.4%
EPS Next 2Y-14.5%
EPS Next 3Y1.35%
EPS Next 5Y14.28%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-24.69%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-28.48%
EBIT Next 3Y-6.86%
EBIT Next 5Y8.5%
FCF growth 1Y-59.57%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-59.57%
OCF growth 3YN/A
OCF growth 5YN/A

NOVAGOLD RESOURCES INC / NG.CA Fundamental Analysis FAQ

What is the fundamental rating for NG stock?

ChartMill assigns a fundamental rating of 2 / 10 to NG.CA.


Can you provide the valuation status for NOVAGOLD RESOURCES INC?

ChartMill assigns a valuation rating of 0 / 10 to NOVAGOLD RESOURCES INC (NG.CA). This can be considered as Overvalued.


Can you provide the profitability details for NOVAGOLD RESOURCES INC?

NOVAGOLD RESOURCES INC (NG.CA) has a profitability rating of 1 / 10.


What is the expected EPS growth for NOVAGOLD RESOURCES INC (NG.CA) stock?

The Earnings per Share (EPS) of NOVAGOLD RESOURCES INC (NG.CA) is expected to decline by -31.4% in the next year.