Novagold Stock Today

<div class='circular--portrait' style='background:#FF0F00;color: #FFFFF0;font-size:4em;padding-top: 25px;;'>NR</div>
Novagold Resources is trading at 9.31 as of the 2nd of July 2020, which is 1.42 percent up since the beginning of the trading day. The stock's lowest day price was 8.89. Novagold Resources has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 30 days. Equity ratings for Novagold Resources are calculated daily based on the scoring framework. The performance scores are derived for the period starting the 3rd of April 2020 and ending today, the 2nd of July 2020. Click here to learn more.
Analyze Filter   Fiscal Quarter End: 31st of August 2020

   Performance
4 100 

Novagold Resources Profile

Next fiscal quarter end is expected on the 31st of August 2020. NovaGold Resources Inc. primarily explores for and develops gold mineral properties in the United States. NovaGold Resources Inc. was founded in 1984 and is based in Vancouver, Canada. Novagold Resources operates under Gold classification in the United States and is traded on BATS Exchange. It employs 12 people. more on Novagold Resources
Novagold Resources Fama & French Precious Metals
Precious Metals
Fama & French Classification
Novagold Resources SEC Filings
Novagold Resources SEC Filings
Security & Exchange Commission EDGAR ReportsView All
Legal NameNovagold Resources
CEOGregory LangView All
Thematic Classification
Currently Active Investing Idea
  Precious Metals
View All
Average Analyst Recommendation
Current trade recommendation based on an ongoing consensus estimate among financial analysis covering Novagold Resources. The Novagold consensus assessment is calculated by taking the average estimates from all of the analysts covering Novagold Resources
Strong Buy1 Opinion
Piotroski F Score
Academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Novagold Resources financial position. Scores of 8 and 9 are usually clasified strong value stocks whereas scores of 2 or below are considered weak value stocks.
 6 - HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares362.1 M374.7 M
Sufficiently Down
Increasing
Slightly volatile
Weighted Average Shares Diluted362.1 M374.7 M
Sufficiently Down
Increasing
Slightly volatile
Net Cash Flow from Operations(7.6 M)(7 M)
Significantly Down
Increasing
Slightly volatile
Total Assets323.7 M221.3 M
Way Up
Decreasing
Slightly volatile
Total Liabilities153.1 M97.1 M
Way Up
Decreasing
Slightly volatile
Current Assets172.3 M172.9 M
Slightly Down
Increasing
Very volatile
Current Liabilities3.1 MM
Fairly Up
Decreasing
Slightly volatile
Total Debt93.3 M93.4 M
Slightly Down
Decreasing
Slightly volatile
Return on Average Assets(0.1078)(0.0999)
Significantly Down
Decreasing
Slightly volatile
Gross Margin0.550.51
Significantly Up
Decreasing
Slightly volatile
Asset Turnover0.00119.0E-4
Fairly Up
Decreasing
Slightly volatile
Macroaxis Advice
Macroaxis buy hold or sell recommendation provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Novagold Resources available fundamental, technical, and predictive indicators. Current horizon is 30 days (very short) - details
Strong SellUndervalued
Financial Strength
Novagold Resources financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Novagold Resources success along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
  Operating Cash Flow
Novagold Resources (NG) is traded on BATS Exchange in USA. It is located in 400 Burrard Street and employs 12 people. Novagold Resources is listed under Precious Metals category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with market capitalization of 3.68 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Novagold Resources's market, we take the total number of its shares issued and multiply it by Novagold Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Novagold Resources is active under Basic Materials sector as part of Gold industry. The entity has 328.67 M outstanding shares of which 8.34 M shares are now sold short in the market by investors with about 1.83 days to cover all shorted shares. NOVAGOLD RESOURCE reports about 140.7 M in cash with (6.47 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.43.
Check Novagold Resources Probability Of Bankruptcy

Ownership Allocation (%)

Novagold Stock Price Odds Analysis

Odds Down 9.31HorizonTargetOdds Up 9.31
32.27%30 days
 9.31 
67.64%
Based on a normal probability distribution, the odds of Novagold Resources to move above the current price in 30 days from now is about 67.64 (This Novagold Resources probability density function shows the probability of Novagold Resources Stock to fall within a particular range of prices over 30 days) .

Novagold Stock Institutional Holders

InstituionSecurity TypeTotal SharesValue
Paulson Co IncCommon Shares25.2 M186.2 M
Fmr LlcCommon Shares24.6 M181.5 M
View Novagold Resources Diagnostics

Novagold Resources Income Statement Over Time

Novagold Resources Income Statement is one of the three primary financial statements used for reporting Novagold's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Novagold Resources revenue and expense. Novagold Resources Income Statement primarily focuses on the company's revenues and expenses during a particular period. Novagold Resources Gross Profit is expected to decrease significantly based on the last few years of reporting. The past year's Gross Profit was at 306,900. The current year Interest Expense is expected to grow to about 8.4 M, whereas Earning Before Interest and Taxes EBIT is expected to decline to (23.8 M). View More Fundamentals

Novagold Stock Against Markets

Did you try this?

Run Equity Forecasting Now

   

Equity Forecasting

Use basic forecasting models to generate price predictions and determine price momentum
All  Next Launch Module

Novagold Resources Upcoming and Recent Events

Novagold Resources Company Earnings Announcements Dates

Upcoming Quarterly Report6th of October 2020
Next Earnings Report27th of January 2021
Next Fiscal Quarter End31st of August 2020
Next Fiscal Year End27th of January 2021
Last Quarter Report31st of May 2020
Last Earning Anouncement31st of August 2019

Novagold Resources Corporate Filings

Novagold Resources SEC Reporting

Financial Statements and Exhibits. Regulation FD Disclosure. Results of Operations and Financial Condition
View
Unclassified Corporate Event
View

Novagold Resources Corporate Directors

Markus Faber Independent Director
Ethan Schutt Independent Director
Kalidas Madhavpeddi Independent Director
Additionally, see Stocks Correlation. Please also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Company logos by clearbit
Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page