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NOVAGOLD RESOURCES INC (NG.CA) Stock Fundamental Analysis

Canada - Toronto Stock Exchange - TSX:NG - CA66987E2069 - Common Stock

14.37 CAD
+0.07 (+0.49%)
Last: 1/14/2026, 7:00:00 PM
Fundamental Rating

2

Overall NG gets a fundamental rating of 2 out of 10. We evaluated NG against 813 industry peers in the Metals & Mining industry. While NG seems to be doing ok healthwise, there are quite some concerns on its profitability. NG is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

1

1. Profitability

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.
  • In the past 5 years NG always reported negative operating cash flow.
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 -20M -40M -60M -80M -100M

1.2 Ratios

  • Looking at the Return On Assets, with a value of -26.03%, NG is in line with its industry, outperforming 47.60% of the companies in the same industry.
  • The Return On Equity of NG (-50.76%) is comparable to the rest of the industry.
Industry RankSector Rank
ROA -26.03%
ROE -50.76%
ROIC N/A
ROA(3y)-36.73%
ROA(5y)-29.11%
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 0 200 400

1.3 Margins

  • The Profit Margin and Operating Margin and Gross Margin are not available for NG so they could not be analyzed.
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

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5

2. Health

2.1 Basic Checks

  • NG has about the same amout of shares outstanding than it did 1 year ago.
  • NG has more shares outstanding than it did 5 years ago.
  • NG has a worse debt/assets ratio than last year.
NG.CA Yearly Shares OutstandingNG.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
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 100M 200M 300M 400M

2.2 Solvency

  • An Altman-Z score of 6.38 indicates that NG is not in any danger for bankruptcy at the moment.
  • NG has a Altman-Z score (6.38) which is in line with its industry peers.
  • NG has a Debt/Equity ratio of 0.92. This is a neutral value indicating NG is somewhat dependend on debt financing.
  • NG has a worse Debt to Equity ratio (0.92) than 73.43% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.92
Debt/FCF N/A
Altman-Z 6.38
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 0 100M 200M 300M

2.3 Liquidity

  • A Current Ratio of 26.91 indicates that NG has no problem at all paying its short term obligations.
  • Looking at the Current ratio, with a value of 26.91, NG belongs to the top of the industry, outperforming 94.34% of the companies in the same industry.
  • A Quick Ratio of 26.91 indicates that NG has no problem at all paying its short term obligations.
  • Looking at the Quick ratio, with a value of 26.91, NG belongs to the top of the industry, outperforming 94.34% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 26.91
Quick Ratio 26.91
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 50M 100M 150M

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1

3. Growth

3.1 Past

  • The earnings per share for NG have decreased by -7.69% in the last year.
EPS 1Y (TTM)-7.69%
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 12.58% on average per year.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y-68.37%
EPS Next 2Y-8.2%
EPS Next 3Y-3.58%
EPS Next 5Y12.58%
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 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 -0.05 -0.1 -0.15 -0.2

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0

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for NG. In the last year negative earnings were reported.
  • Also next year NG is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
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 -60

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 0.2 -0.2 0.4 0.6

4.3 Compensation for Growth

  • NG's earnings are expected to decrease with -3.58% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-8.2%
EPS Next 3Y-3.58%

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0

5. Dividend

5.1 Amount

  • NG does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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NOVAGOLD RESOURCES INC

TSX:NG (1/14/2026, 7:00:00 PM)

14.37

+0.07 (+0.49%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)10-01
Earnings (Next)01-22
Inst Owners61.61%
Inst Owner ChangeN/A
Ins Owners0.79%
Ins Owner ChangeN/A
Market Cap5.85B
Revenue(TTM)N/A
Net Income(TTM)-89.90M
Analysts85.45
Price Target15.69 (9.19%)
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)1
Avg EPS beat(2)-4.55%
Min EPS beat(2)-12.01%
Max EPS beat(2)2.91%
EPS beat(4)2
Avg EPS beat(4)-6.89%
Min EPS beat(4)-45.63%
Max EPS beat(4)27.18%
EPS beat(8)2
Avg EPS beat(8)-32.33%
EPS beat(12)2
Avg EPS beat(12)-39.46%
EPS beat(16)4
Avg EPS beat(16)-34.07%
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)-1.48%
PT rev (3m)44.16%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.9%
EPS NY rev (1m)0%
EPS NY rev (3m)2.52%
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 23.79
P/tB 23.79
EV/EBITDA N/A
EPS(TTM)-0.19
EYN/A
EPS(NY)-0.21
Fwd EYN/A
FCF(TTM)-0.03
FCFYN/A
OCF(TTM)-0.03
OCFYN/A
SpS0
BVpS0.6
TBVpS0.6
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -26.03%
ROE -50.76%
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)-36.73%
ROA(5y)-29.11%
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-Score5
Asset Turnover0
Health
Industry RankSector Rank
Debt/Equity 0.92
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 26.91
Quick Ratio 26.91
Altman-Z 6.38
F-Score5
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)-7.69%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-33.33%
EPS Next Y-68.37%
EPS Next 2Y-8.2%
EPS Next 3Y-3.58%
EPS Next 5Y12.58%
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 1Y6.26%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-57.69%
EBIT Next 3Y-20.73%
EBIT Next 5Y9.96%
FCF growth 1Y-17.72%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-19.79%
OCF growth 3YN/A
OCF growth 5YN/A

NOVAGOLD RESOURCES INC / NG.CA 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.


How profitable is NOVAGOLD RESOURCES INC (NG.CA) stock?

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


Can you provide the financial health for NG stock?

The financial health rating of NOVAGOLD RESOURCES INC (NG.CA) is 5 / 10.