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NOVAGOLD RESOURCES INC (NG) Stock Fundamental Analysis

USA - NYSE Arca - NYSEARCA:NG - CA66987E2069 - Common Stock

9.2 USD
-0.12 (-1.29%)
Last: 1/2/2026, 8:04:00 PM
9.37 USD
+0.17 (+1.85%)
Pre-Market: 1/5/2026, 4:00:00 AM
Fundamental Rating

2

Overall NG gets a fundamental rating of 2 out of 10. We evaluated NG against 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 has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

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0

1. Profitability

1.1 Basic Checks

NG had negative earnings in the past year.
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 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 -20M -40M -60M -80M -100M

1.2 Ratios

The Return On Assets of NG (-26.03%) is worse than 80.89% of its industry peers.
NG has a worse Return On Equity (-50.76%) than 82.17% of its industry peers.
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 Yearly ROA, ROE, ROICNG 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 Yearly Profit, Operating, Gross MarginsNG 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.
Compared to 1 year ago, NG has a worse debt to assets ratio.
NG Yearly Shares OutstandingNG Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
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 100M 200M 300M 400M

2.2 Solvency

NG has an Altman-Z score of 4.70. This indicates that NG is financially healthy and has little risk of bankruptcy at the moment.
NG has a better Altman-Z score (4.70) than 64.33% of 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 81.53% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.92
Debt/FCF N/A
Altman-Z 4.7
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 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.
NG's Current ratio of 26.91 is amongst the best of the industry. NG outperforms 96.18% of its industry peers.
NG has a Quick Ratio of 26.91. This indicates that NG is financially healthy and has no problem in meeting its short term obligations.
NG has a Quick ratio of 26.91. This is amongst the best in the industry. NG outperforms 96.82% of its industry peers.
Industry RankSector Rank
Current Ratio 26.91
Quick Ratio 26.91
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 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

NG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.58% yearly.
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 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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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 Price Earnings VS Forward Price EarningsNG 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 Per share dataNG EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.1 -0.1 0.2 0.3 0.4

4.3 Compensation for Growth

A cheap valuation may be justified as NG's earnings are expected to decrease with -3.58% in the coming years.
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

NYSEARCA:NG (1/2/2026, 8:04:00 PM)

Premarket: 9.37 +0.17 (+1.85%)

9.2

-0.12 (-1.29%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)10-01 2025-10-01/bmo
Earnings (Next)01-28 2026-01-28/amc
Inst Owners61.61%
Inst Owner Change0%
Ins Owners0.79%
Ins Owner Change0.72%
Market Cap3.74B
Revenue(TTM)N/A
Net Income(TTM)-89.90M
Analysts85.45
Price Target11.39 (23.8%)
Short Float %3.47%
Short Ratio3.84
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)0%
PT rev (3m)45.65%
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 21.14
P/tB 21.14
EV/EBITDA N/A
EPS(TTM)-0.14
EYN/A
EPS(NY)-0.15
Fwd EYN/A
FCF(TTM)-0.02
FCFYN/A
OCF(TTM)-0.02
OCFYN/A
SpS0
BVpS0.44
TBVpS0.44
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 4.7
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 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.