Equity ratings for NOVAGOLD RESOURCES are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of December 2020 and ending today, the 5th of December 2022. Click here to learn more.
Fiscal Year End
NOVAGOLD RESOURCES cannot be verified against its exchange. Apparently, NOVAGOLD RESOURCES is not available for investing at the moment. Please verify the symbol is currently traded on Berlin Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.


Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. NOVAGOLD RESOURCES's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding NOVAGOLD RESOURCES or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
NOVAGOLD RESOURCES is not yet fully synchronised with the market data
NOVAGOLD RESOURCES has some characteristics of a very speculative penny stock
Net Loss for the year was (40.54 M) with profit before overhead, payroll, taxes, and interest of 0.
President CEO, DirectorGregory Lang
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of NOVAGOLD RESOURCES's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
NOVAGOLD RESOURCES (NGR) is traded on Berlin Exchange in Germany and employs 17 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 2.03 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 operates under Other sector and is part of Other industry. The entity has 0 outstanding shares of which 0 shares are now shorted by private and institutional investors with about 0.0 days to cover all short positions.
Check NOVAGOLD RESOURCES Probability Of Bankruptcy
NOVAGOLD RESOURCES cannot be verified against its exchange. Apparently, NOVAGOLD RESOURCES is not available for investing at the moment. Please verify the symbol is currently traded on Berlin Exchange. If you still believe the symbol you are trying to look up is valid please let us know and we will check it as soon as possible.

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One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NOVAGOLD RESOURCES stock to make a market-neutral strategy. Peer analysis of NOVAGOLD RESOURCES could also be used in its relative valuation, which is a method of valuing NOVAGOLD RESOURCES by comparing valuation metrics with similar companies.
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 Risk & Return  Correlation

NOVAGOLD RESOURCES Corporate Directors

NOVAGOLD RESOURCES corporate directors refer to members of a NOVAGOLD RESOURCES board of directors. The board of directors generally takes responsibility for the NOVAGOLD RESOURCES's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of NOVAGOLD RESOURCES's board members must vote for the resolution. The NOVAGOLD RESOURCES board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Markus Faber - Independent DirectorProfile
Ethan Schutt - DirectorProfile
Kalidas Madhavpeddi - Independent DirectorProfile
Rick Nieuwenhuyse - DirectorProfile


The danger of trading NOVAGOLD RESOURCES is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of NOVAGOLD RESOURCES is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than NOVAGOLD RESOURCES. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile NOVAGOLD RESOURCES is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis. You can also try Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Other Tools for NOVAGOLD Stock

When running NOVAGOLD RESOURCES price analysis, check to measure NOVAGOLD RESOURCES's 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's value examination focuses on studying past and present price action to predict the probability of NOVAGOLD RESOURCES's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move NOVAGOLD RESOURCES's price. Additionally, you may evaluate how the addition of NOVAGOLD RESOURCES to your portfolios can decrease your overall portfolio volatility.
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