NOVAGOLD RESOURCES INC (NG) Stock Fundamental Analysis

NYSEARCA:NG • CA66987E2069

13.265 USD
-0.93 (-6.58%)
Last: Mar 3, 2026, 09:31 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
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 is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

0

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.
  • In the past 5 years NG always reported negative net income.
  • In the past 5 years NG always reported negative operating cash flow.
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 worse Return On Assets (-28.18%) than 84.08% of its industry peers.
  • The Return On Equity of NG (-57.79%) is worse than 84.08% 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

  • 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 2025

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ROAROEROICOperating and Profit MarginShow most profitable peers

5

2. Health

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
  • Compared to 1 year ago, NG has an improved debt to assets ratio.
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

  • NG has an Altman-Z score of 12.67. This indicates that NG is financially healthy and has little risk of bankruptcy at the moment.
  • NG's Altman-Z score of 12.67 is fine compared to the rest of the industry. NG outperforms 77.07% of its industry peers.
  • A Debt/Equity ratio of 1.02 is on the high side and indicates that NG has dependencies on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 1.02, NG is doing worse than 82.80% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 1.02
Debt/FCF N/A
Altman-Z 12.67
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 94.90% of its industry peers.
  • A Quick Ratio of 23.79 indicates that NG has no problem at all paying its short term obligations.
  • With an excellent Quick ratio value of 23.79, NG belongs to the best of the industry, outperforming 94.90% of the companies in the same industry.
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

  • The Earnings Per Share is expected to grow by 17.79% on average over the next years. This is quite good.
  • 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

  • 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 0 100 200

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

  • NG's earnings are expected to grow with 17.79% in the coming years. This may justify a more expensive valuation.
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

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

More info and screens

Find the best dividend stocksShow peers with best dividend

NOVAGOLD RESOURCES INC

NYSEARCA:NG (3/3/2026, 9:31:02 AM)

13.265

-0.93 (-6.58%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)01-22
Earnings (Next)03-30
Inst Owners61.61%
Inst Owner Change29.22%
Ins Owners0.79%
Ins Owner Change1.16%
Market Cap5.81B
Revenue(TTM)N/A
Net Income(TTM)-94.66M
Analysts85.45
Price Target16.35 (23.26%)
Short Float %3.89%
Short Ratio3.39
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 35.47
P/tB 35.47
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 12.67
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.