Logo image of NG.CA

NOVAGOLD RESOURCES INC (NG.CA) Stock Fundamental Analysis

Canada - TSX:NG - CA66987E2069 - Common Stock

13.58 CAD
-0.09 (-0.66%)
Last: 10/10/2025, 7:00:00 PM
Fundamental Rating

2

Overall NG gets a fundamental rating of 2 out of 10. We evaluated NG against 810 industry peers in the Metals & Mining industry. The financial health of NG is average, but there are quite some concerns on its profitability. NG has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

Quickly go to:

1

1. Profitability

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.
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 -20M -40M -60M -80M -100M

1.2 Ratios

NG has a Return On Assets (-26.03%) which is comparable to the rest of the industry.
NG has a Return On Equity (-50.76%) which 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 2015 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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024

More info and screens

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.
Compared to 1 year ago, NG has a worse debt to assets ratio.
NG.CA Yearly Shares OutstandingNG.CA Yearly Shares OutstandingYearly Shares Outstanding 2015 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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

2.2 Solvency

NG has an Altman-Z score of 5.40. This indicates that NG is financially healthy and has little risk of bankruptcy at the moment.
NG has a Altman-Z score (5.40) 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 Debt to Equity ratio of 0.92. This is in the lower half of the industry: NG underperforms 74.32% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.92
Debt/FCF N/A
Altman-Z 5.4
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M 200M 300M

2.3 Liquidity

NG has a Current Ratio of 26.91. This indicates that NG is financially healthy and has no problem in meeting its short term obligations.
NG has a better Current ratio (26.91) than 94.07% of its industry peers.
A Quick Ratio of 26.91 indicates that NG has no problem at all paying its short term obligations.
NG's Quick ratio of 26.91 is amongst the best of the industry. NG outperforms 94.07% of its industry peers.
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 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

More info and screens

0

3. Growth

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%-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 small growth in Earnings Per Share. The EPS will grow by 0.71% on average per year.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y-72.72%
EPS Next 2Y-1.88%
EPS Next 3Y0.71%
EPS Next 5YN/A
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 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 -0.05 -0.1 -0.15 -0.2

More info and screens

0

4. Valuation

4.1 Price/Earnings Ratio

NG reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
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 -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 0.4 0.6

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.88%
EPS Next 3Y0.71%

More info and screens

0

5. Dividend

5.1 Amount

NG does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

NOVAGOLD RESOURCES INC

TSX:NG (10/10/2025, 7:00:00 PM)

13.58

-0.09 (-0.66%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)10-01 2025-10-01/bmo
Earnings (Next)01-21 2026-01-21/amc
Inst Owners56.23%
Inst Owner ChangeN/A
Ins Owners0.79%
Ins Owner ChangeN/A
Market Cap5.53B
Analysts85.45
Price Target10.88 (-19.88%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
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)43.67%
Min EPS beat(2)13.06%
Max EPS beat(2)74.28%
EPS beat(4)3
Avg EPS beat(4)17.22%
Min EPS beat(4)-45.63%
Max EPS beat(4)74.28%
EPS beat(8)3
Avg EPS beat(8)-20.27%
EPS beat(12)3
Avg EPS beat(12)-31.42%
EPS beat(16)5
Avg EPS beat(16)-28.04%
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)0.46%
PT rev (3m)-8.34%
EPS NQ rev (1m)0%
EPS NQ rev (3m)13.33%
EPS NY rev (1m)0%
EPS NY rev (3m)-36.25%
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 22.25
P/tB 22.25
EV/EBITDA N/A
EPS(TTM)-0.2
EYN/A
EPS(NY)-0.19
Fwd EYN/A
FCF(TTM)-0.03
FCFYN/A
OCF(TTM)-0.03
OCFYN/A
SpS0
BVpS0.61
TBVpS0.61
PEG (NY)N/A
PEG (5Y)N/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
ROICexcg growth 3YN/A
ROICexcg 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 5.4
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-72.72%
EPS Next 2Y-1.88%
EPS Next 3Y0.71%
EPS Next 5YN/A
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-56.02%
EBIT Next 3Y-16.63%
EBIT Next 5YN/A
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