Novagold Resources Stock Filter Stocks by Fundamentals
NG Stock | USD 2.85 0.08 2.73% |
NovaGold Resources fundamentals help investors to digest information that contributes to NovaGold Resources' financial success or failures. It also enables traders to predict the movement of NovaGold Stock. The fundamental analysis module provides a way to measure NovaGold Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NovaGold Resources stock.
Last Reported | Projected for Next Year | ||
Cash And Equivalents | 73.5 M | 57 M |
NovaGold | Cash and Equivalents |
Did you try this?
Run Price Exposure Probability Now
Price Exposure ProbabilityAnalyze equity upside and downside potential for a given time horizon across multiple markets |
All Next | Launch Module |
NovaGold Fundamentals
Return On Equity | -17.91 | ||||
Return On Asset | -0.1 | ||||
Current Valuation | 963.18 M | ||||
Shares Outstanding | 334.37 M | ||||
Shares Owned By Insiders | 26.40 % | ||||
Shares Owned By Institutions | 58.84 % | ||||
Number Of Shares Shorted | 9.78 M | ||||
Price To Earning | (37.59) X | ||||
Price To Book | 25,838 X | ||||
EBITDA | (40.31 M) | ||||
Net Income | (46.8 M) | ||||
Cash And Equivalents | 63.88 M | ||||
Cash Per Share | 0.40 X | ||||
Total Debt | 137.55 M | ||||
Debt To Equity | 2.99 % | ||||
Current Ratio | 45.44 X | ||||
Book Value Per Share | (0.05) X | ||||
Cash Flow From Operations | (7.79 M) | ||||
Short Ratio | 4.30 X | ||||
Earnings Per Share | (0.14) X | ||||
Target Price | 7.5 | ||||
Number Of Employees | 13 | ||||
Beta | 0.88 | ||||
Market Capitalization | 979.71 M | ||||
Total Asset | 133.29 M | ||||
Retained Earnings | (2.06 B) | ||||
Working Capital | 123.31 M | ||||
Current Asset | 107.34 M | ||||
Current Liabilities | 3.05 M | ||||
Net Asset | 133.29 M |
About NovaGold Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NovaGold Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NovaGold Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NovaGold Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards NovaGold Resources in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, NovaGold Resources' short interest history, or implied volatility extrapolated from NovaGold Resources options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out NovaGold Resources Piotroski F Score and NovaGold Resources Altman Z Score analysis. For more detail on how to invest in NovaGold Stock please use our How to Invest in NovaGold Resources guide.Note that the NovaGold Resources information on this page should be used as a complementary analysis to other NovaGold Resources' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for NovaGold Stock analysis
When running NovaGold Resources' price analysis, check to measure NovaGold Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NovaGold Resources is operating at the current time. Most of NovaGold Resources' value examination focuses on studying past and present price action to predict the probability of NovaGold Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NovaGold Resources' price. Additionally, you may evaluate how the addition of NovaGold Resources to your portfolios can decrease your overall portfolio volatility.
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges |
Is NovaGold Resources' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of NovaGold Resources. If investors know NovaGold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about NovaGold Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.14) | Return On Assets (0.10) | Return On Equity (17.91) |
The market value of NovaGold Resources is measured differently than its book value, which is the value of NovaGold that is recorded on the company's balance sheet. Investors also form their own opinion of NovaGold Resources' value that differs from its market value or its book value, called intrinsic value, which is NovaGold Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NovaGold Resources' market value can be influenced by many factors that don't directly affect NovaGold Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NovaGold Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if NovaGold Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NovaGold Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.