Novagold Resources New (NGR) Stock Price & Analysis

2 Followers

NGR Stock Chart & Stats

€5.52-€0.63(-2.47%)

At close: Nov 10 5:30 PM GMT+1

Day’s Range: EUR 5.52 - EUR 6.27
52-Week Range: EUR 4.35 - EUR 12.28
Previous Close: EUR 5.66
Volume: N/A
Average Volume (3M): 167
Market Cap: EUR 2.45B
Enterprise Value: EUR 3.61B
Total Cash (Recent Filing): EUR 343.39M
Total Debt (Recent Filing): EUR 178.14M
Price to Earnings (P/E): ―
Beta: 2.27
Next Earnings: Jan 27, 2027 (Est.)
EPS Estimate: -0.03
Next Dividend Ex-Date: N/A
Dividend Yield: N/A

Bulls Say, Bears Say

Bulls Say

Donlin Ownership Consolidation

Moving toward full ownership would give NovaGold greater control over development decisions, capital planning, and future project economics. Consolidation may also simplify governance and stakeholder coordination as Donlin Gold advances through feasibility, permitting, financing, and construction planning.

Large-scale, Long-life Resource

A large projected production profile and extended mine life provide a substantial platform for future operating scale if development succeeds. The duration and size of the resource can support long-term strategic relevance, attract financing interest, and sustain exploration and infrastructure investment.

Strong Treasury For Development

The sizable treasury gives NovaGold funding capacity to continue technical studies, support Donlin Gold work, and meet near-term corporate obligations without relying immediately on additional capital. This financial runway helps preserve strategic flexibility while the feasibility and financing plans mature.

Bears Say

Pre-revenue Business Model

NovaGold has no operating revenue because Donlin Gold is not yet in production, leaving current results dependent on financing and cash management rather than mine earnings. Continued losses mean the company lacks operating leverage and must advance development before establishing recurring cash generation.

Persistent Cash Burn And Leverage

Negative free cash flow and meaningful leverage reduce financial flexibility while the project remains undeveloped. Ongoing spending can consume the treasury and increase dependence on equity, debt, or project financing, potentially constraining capital allocation if development costs or funding requirements rise.

Execution And Approval Dependency

Donlin Gold's value remains dependent on completing the ownership transaction and clearing several regulatory and engineering milestones. Delays in approvals, environmental review, dam certification, feasibility, or financing could postpone construction and extend the period before NovaGold generates operating revenue.

Novagold Resources New News

NOVAGOLD Announces Court Approval of Donlin Gold Ownership Arrangement

Novagold Resources New ( ($NG) ) just unveiled an announcement. On November 3, 2026, NOVAGOLD shareholders approved an arrangement covering a proposed transaction in which a newly incorporated Delaware company

14h ago8K NG

NovaGold to acquire Paulson’s 40% interest in Donlin Gold

The company states: “NOVAGOLD (NG) Shareholders approve transaction to consolidate 100% ownership of Donlin Gold”, in connection with a special resolution approving an arrangement, relating to the transactions announced on

15h agoNG NGR

NovaGold resumed with a Buy at Citi

Citi resumed coverage of NovaGold (NG) with a Buy rating and $12.50 price target Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

5d agoNG NGR

NOVAGOLD Shareholders Approve Donlin Gold Ownership Consolidation Transaction

Novagold Resources New ( ($NG) ) has issued an update. On November 3, 2026, NOVAGOLD shareholders approved the arrangement resolution and four related resolutions at a special meeting, with 303,446,751

6d ago8K NG

Novagold Issues Supplemental Disclosures on Donlin Gold Deal

Novagold Resources New ( ($NG) ) just unveiled an announcement. On July 21, 2026, NOVAGOLD Resources Inc. agreed to a series of transactions under which a new Delaware holding company,

2w ago8K NG

Rising Energy Costs and Inflation Threaten Novagold’s Donlin Project Economics

Novagold Resources Inc (NG) has disclosed a new risk, in the Costs category. The analyst notes that Novagold Resources Inc. faces heightened exposure to energy price volatility and broader inflation,

4w agoNG NGR

NovaGold’s Donlin Bet Dominates Transformational Earnings Call

Novagold Resources Inc (($NG)) has held its Q3 earnings call. Read on for the main highlights of the call. NovaGold Resources Inc. struck an upbeat tone in its latest earnings

1M agoNG NGR

Options Volatility and Implied Earnings Moves Today, October 08, 2026

Today, several major companies are expected to report earnings: AngioDynamics (ANGO), Helen Of Troy (HELE), Novagold Resources New (NG), Park Electrochemical (PKE), PepsiCo (PEP), Tilray (TLRY). Ahead of earnings, TipRanks

1M agoNG PEP

NovaGold price target lowered to $13 from $13.60 at Morgan Stanley

Morgan Stanley analyst Carlos De Alba lowered the firm’s price target on NovaGold (NG) to $13 from $13.60 and keeps an Overweight rating on the shares. In a note on

1M agoNG NGR

Novagold Resources Sets Shareholder Vote on Restructuring Deal

Novagold Resources New ( ($NG) ) has shared an update. On July 22, 2026, NOVAGOLD agreed to a set of definitive transaction agreements under which NovaGold Corporation would become the

1M ago8K NG

New NovaGold Reorganization to Fully Control Donlin Gold

Novagold Resources New ( ($NG) ) just unveiled an update. On July 22, 2026, NOVAGOLD announced a series of definitive agreements for a reorganization in which New NovaGold, a newly

1M ago8K NG

Options Volatility and Implied Earnings Moves This Week, October 06 – October 09, 2026

This week, several major companies will be reporting earnings. Among them are Delta Air Lines (DAL), PepsiCo (PEP), Applied Digital Corporation (APLD), Tilray (TLRY), Constellation Brands (STZ). Ahead of this

1M agoLW NG

3 ‘Strong Buy’ Stocks Under $10 to Watch in October for 100%+ Upside

Low-priced stocks can carry high risk but also offer solid upside potential. On Wall Street, analysts currently rate three such stocks a Strong Buy: Perspective Therapeutics ($CATX), Immuneering ($IMRX), and

1M agoNG CATX

NovaGold price target lowered to $9 from $13 at B. Riley

B. Riley analyst Soundarya Iyer lowered the firm’s price target on NovaGold (NG) to $9 from $13 and keeps a Buy rating on the shares after assuming coverage of the

3M agoNG NGR

NGR FAQ

What was Novagold Resources New’s price range in the past 12 months?

Novagold Resources New lowest stock price was €4.35 and its highest was €12.28 in the past 12 months.

What is Novagold Resources New’s market cap?

Novagold Resources New’s market cap is €2.45B.

When is Novagold Resources New’s upcoming earnings report date?

Novagold Resources New’s next earnings report is estimated for Jan 27, 2027 (not yet confirmed), which is in 77 days.

How were Novagold Resources New’s earnings last quarter?

Novagold Resources New released its earnings results on Oct 08, 2026. The company reported -€0.071 earnings per share for the quarter, missing the consensus estimate of -€0.059 by -€0.012.

Is Novagold Resources New overvalued?

According to Wall Street analysts Novagold Resources New’s price is currently Undervalued.

Does Novagold Resources New pay dividends?

Novagold Resources New does not currently pay dividends.

What is Novagold Resources New’s EPS estimate?

Novagold Resources New’s EPS estimate is -0.03.

How many shares outstanding does Novagold Resources New have?

Novagold Resources New has 438,815,980 shares outstanding.

What happened to Novagold Resources New’s price movement after its last earnings report?

Novagold Resources New reported an EPS of -€0.071 in its last earnings report, missing expectations of -€0.059. Following the earnings report the stock price went down -1.77%.

Which hedge fund is a major shareholder of Novagold Resources New?

Hedge funds hold Novagold Resources New shares: the largest hedge-fund position in Novagold Resources New is 266,093,595 shares, and hedge funds decreased their holdings by 1.8M shares last quarter.

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Novagold Resources New Stock Smart Score

Neutral

Learn more about TipRanks Smart Score

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Company Description

Novagold Resources New

NovaGold Resources Inc. (NG) is an enterprise primarily engaged in the discovery and advancement of gold mining properties, with its operational focus predominantly within the United States. A central component of the company's assets is the Donlin Gold project, a significant holding situated in the Kuskokwim region of southwestern Alaska. This expansive site is comprised of 493 individual mining claims, collectively encompassing approximately 29,008 hectares. Founded in 1984, the company initially operated as NovaCan Mining Resources (1985) Limited before rebranding to NovaGold Resources Inc. in March 1987. Its corporate headquarters are located in Vancouver, Canada.

Novagold Resources New (NGR) Earnings & Revenues

Historic Earnings Reports

NGR Company Deck

NGR Earnings Call

Q3 2026

0:00 / 0:00

Earnings Call SentimentPositive

The call was strongly positive, centered on the proposed consolidation that would give NovaGold 100% ownership of Donlin Gold, the project's large resource and production profile, progress toward the 2027 bankable feasibility study, a robust $343.4 million treasury, permitting progress, and potential financing support. The main negative items were the higher quarterly net loss, increased project and corporate expenditures, elevated transaction-related fees, reduced treasury during the quarter, and the increase in 2026 corporate G&A guidance from $11.5 million to $31.2 million. Highlights significantly outweighed the lowlights.

View all DE:NGR earnings summaries

NGR Stock 12 Month Forecast

Average Price Target

EUR 11.79▲(113.56% Upside)

Past 12 Months12 Month ForecastFeb2026Nov2026

HighEUR 12.53

AverageEUR 11.79

LowEUR 11.19

Detailed Analyst Forecast >

Technical Analysis

Overall Consensus

Indicator	Bullish	Neutral	Bearish
Overall Consensus	8	5	9
Technical Analysis	2	5	3
Moving Averages	6	0	6

Technical Analysis >

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Ownership Overview

0.67% Insiders
11.69% Mutual Funds
30.61% Other Institutional Investors
46.78% Public Companies and Individual Investors

Detailed Ownership Overview >

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