NOVAGOLD RESOURCES INC (NG) Stock Fundamental Analysis

NYSEARCA:NG • CA66987E2069

13.32 USD
+0.65 (+5.13%)
At close: Feb 27, 2026
13.34 USD
+0.02 (+0.15%)
After Hours: 2/27/2026, 8:22:48 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to NG. NG was compared to 157 industry peers in the Metals & Mining industry. While NG seems to be doing ok healthwise, there are quite some concerns on its profitability. NG does not seem to be growing, but still is valued expensively.


Dividend Valuation Growth Profitability Health

0

1. Profitability

1.1 Basic Checks

  • In the past year NG has reported negative net income.
  • In the past year NG has reported a negative cash flow from operations.
  • In the past 5 years NG always reported negative net income.
  • NG had a negative operating cash flow in each of the past 5 years.
NG Yearly Net Income VS EBIT VS OCF VS FCFNG 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

  • NG has a Return On Assets of -28.18%. This is amonst the worse of the industry: NG underperforms 84.18% of its industry peers.
  • NG has a Return On Equity of -57.79%. This is amonst the worse of the industry: NG underperforms 84.18% of 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 Yearly ROA, ROE, ROICNG 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 Yearly Profit, Operating, Gross MarginsNG 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. Health

2.1 Basic Checks

  • The number of shares outstanding for NG has been increased compared to 1 year ago.
  • NG has more shares outstanding than it did 5 years ago.
  • The debt/assets ratio for NG has been reduced compared to a year ago.
NG Yearly Shares OutstandingNG Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M
NG Yearly Total Debt VS Total AssetsNG 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 11.32 indicates that NG is not in any danger for bankruptcy at the moment.
  • The Altman-Z score of NG (11.32) is better than 77.22% of its industry peers.
  • NG has a Debt/Equity ratio of 1.02. This is a high value indicating a heavy dependency on external financing.
  • NG has a worse Debt to Equity ratio (1.02) than 82.91% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.02
Debt/FCF N/A
Altman-Z 11.32
ROIC/WACCN/A
WACCN/A
NG Yearly LT Debt VS Equity VS FCFNG 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

  • A Current Ratio of 23.79 indicates that NG has no problem at all paying its short term obligations.
  • NG has a Current ratio of 23.79. This is amongst the best in the industry. NG outperforms 94.94% of its industry peers.
  • NG has a Quick Ratio of 23.79. This indicates that NG is financially healthy and has no problem in meeting its short term obligations.
  • NG has a better Quick ratio (23.79) than 94.94% of its industry peers.
Industry RankSector Rank
Current Ratio 23.79
Quick Ratio 23.79
NG Yearly Current Assets VS Current LiabilitesNG 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. 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%0%
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 17.79% on average per year.
  • No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next Y-8.7%
EPS Next 2Y-1.58%
EPS Next 3Y17.79%
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 Yearly EPS VS EstimatesNG 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 Price Earnings VS Forward Price EarningsNG Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 100 200

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
NG Per share dataNG EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.1 -0.1 0.2 0.3

4.3 Compensation for Growth

  • A more expensive valuation may be justified as NG's earnings are expected to grow with 17.79% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.58%
EPS Next 3Y17.79%

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

0

5. Dividend

5.1 Amount

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

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Find the best dividend stocksShow peers with best dividend

NOVAGOLD RESOURCES INC

NYSEARCA:NG (2/27/2026, 8:22:48 PM)

After market: 13.34 +0.02 (+0.15%)

13.32

+0.65 (+5.13%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)01-22
Earnings (Next)03-30
Inst Owners61.61%
Inst Owner Change29.23%
Ins Owners0.79%
Ins Owner Change1.41%
Market Cap5.83B
Revenue(TTM)N/A
Net Income(TTM)-94.66M
Analysts85.45
Price Target16.35 (22.75%)
Short Float %3.79%
Short Ratio3.56
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)43.57%
PT rev (3m)43.57%
EPS NQ rev (1m)-21.76%
EPS NQ rev (3m)-35.01%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
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 35.62
P/tB 35.62
EV/EBITDA N/A
EPS(TTM)-0.14
EYN/A
EPS(NY)-0.15
Fwd EYN/A
FCF(TTM)-0.03
FCFYN/A
OCF(TTM)-0.03
OCFYN/A
SpS0
BVpS0.37
TBVpS0.37
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 11.32
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-8.7%
EPS Next 2Y-1.58%
EPS Next 3Y17.79%
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 1Y-1.77%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-28.48%
EBIT Next 3Y-6.86%
EBIT Next 5YN/A
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 FAQ

What is the fundamental rating for NG stock?

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


Can you provide the valuation status for NOVAGOLD RESOURCES INC?

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


How profitable is NOVAGOLD RESOURCES INC (NG) stock?

NOVAGOLD RESOURCES INC (NG) has a profitability rating of 0 / 10.


Can you provide the financial health for NG stock?

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