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

TSX:NG • CA66987E2069

Current stock price

10.62 CAD
-0.2 (-1.85%)
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

  • In the past year NG has reported negative net income.
  • NG had a negative operating cash flow in the past year.
  • 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 -28.18%, NG perfoms like the industry average, outperforming 46.14% of the companies in the same industry.
  • NG has a Return On Equity (-57.79%) which is in line with its industry peers.
Industry RankSector Rank
ROA -28.18%
ROE -57.79%
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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4

2. NG.CA Health Analysis

2.1 Basic Checks

  • NG has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, NG has more shares outstanding
  • The debt/assets ratio for NG has been reduced compared to a year ago.
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 2.82 indicates that NG is not a great score, but indicates only limited risk for bankruptcy at the moment.
  • NG has a Altman-Z score (2.82) which is comparable to the rest of the industry.
  • A Debt/Equity ratio of 1.02 is on the high side and indicates that NG has dependencies on debt financing.
  • NG's Debt to Equity ratio of 1.02 is on the low side compared to the rest of the industry. NG is outperformed by 73.88% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.02
Debt/FCF N/A
Altman-Z 2.82
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 23.79. This indicates that NG is financially healthy and has no problem in meeting its short term obligations.
  • With an excellent Current ratio value of 23.79, NG belongs to the best of the industry, outperforming 93.66% of the companies in the same industry.
  • A Quick Ratio of 23.79 indicates that NG has no problem at all paying its short term obligations.
  • NG has a Quick ratio of 23.79. This is amongst the best in the industry. NG outperforms 93.66% of its industry peers.
Industry RankSector Rank
Current Ratio 23.79
Quick Ratio 23.79
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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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

1

3. NG.CA Growth Analysis

3.1 Past

  • NG shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.69%.
EPS 1Y (TTM)-7.69%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A

3.2 Future

  • NG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.75% yearly.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y-38.76%
EPS Next 2Y-14.5%
EPS Next 3Y-0.26%
EPS Next 5Y11.75%
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 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

  • NG reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • 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 -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 0.2 -0.2 0.4

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-14.5%
EPS Next 3Y-0.26%

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

0

5. NG.CA Dividend Analysis

5.1 Amount

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

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NG.CA Fundamentals: All Metrics, Ratios and Statistics

NOVAGOLD RESOURCES INC

TSX:NG (3/20/2026, 7:00:00 PM)

10.62

-0.2 (-1.85%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)01-22
Earnings (Next)04-01
Inst Owners73.04%
Inst Owner ChangeN/A
Ins Owners0.74%
Ins Owner ChangeN/A
Market Cap4.66B
Revenue(TTM)N/A
Net Income(TTM)-94.66M
Analysts85
Price Target22.42 (111.11%)
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)0.19%
Min EPS beat(2)-12.01%
Max EPS beat(2)12.4%
EPS beat(4)3
Avg EPS beat(4)7.62%
Min EPS beat(4)-12.01%
Max EPS beat(4)27.18%
EPS beat(8)3
Avg EPS beat(8)-25.07%
EPS beat(12)3
Avg EPS beat(12)-35.97%
EPS beat(16)4
Avg EPS beat(16)-34.34%
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)36.04%
PT rev (3m)40.79%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-35.01%
EPS NY rev (1m)-27.65%
EPS NY rev (3m)-27.65%
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 20.73
P/tB 20.73
EV/EBITDA N/A
EPS(TTM)-0.19
EYN/A
EPS(NY)-0.27
Fwd EYN/A
FCF(TTM)-0.04
FCFYN/A
OCF(TTM)-0.04
OCFYN/A
SpS0
BVpS0.51
TBVpS0.51
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -28.18%
ROE -57.79%
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 1.02
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 23.79
Quick Ratio 23.79
Altman-Z 2.82
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)-7.69%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
EPS Next Y-38.76%
EPS Next 2Y-14.5%
EPS Next 3Y-0.26%
EPS Next 5Y11.75%
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-1.77%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-28.48%
EBIT Next 3Y-6.86%
EBIT Next 5Y9.8%
FCF growth 1Y-10.96%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-10.96%
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.


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 4 / 10.