Novagold Resources Inc (NG)

AMEX · Basic Materials · Gold · USA

Novagold Resources Inc is a mid cap company (market value between $2 billion and $10 billion) in the Gold industry.

Novagold Resources operates in the gold mining industry and holds an ownership stake in the Donlin Gold project in Alaska through a jointly-owned entity. The company does not currently extract gold or generate operating profits, acquiring funding for exploration activities and corporate operations through equity offerings and debt instruments.

From its FY2025 annual report (Form 10-K)

Intrinsic value, DCF valuation, financial health and value investing analysis for the Novagold Resources Inc stock.

Our verdict on NG

Not valued: We cannot value this company yet.

ETFs with the most weight in NG

The Frontier Economic Fund (AKAF): 0.5% of the fund
First Trust Small Cap BuyWrite Income ETF (FTKI): 0.3% of the fund
Sprott Gold Miners ETF (SGDM): 0.2% of the fund

17 more funds hold it; the full list is part of the paid plan.

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Kinross Gold Corp (KGC): undervalued, 72% margin of safety
Harmony Gold Mining Co Ltd ADR (HMY): undervalued, 71% margin of safety
B2gold Corp (BTG): undervalued, 71% margin of safety

28 more in this industry show a wider margin of safety.

Is NG undervalued or overvalued?

We do not publish a verdict on NG yet. We are missing a figure this valuation depends on. We would rather say so than show a number built on a guess.

What is the intrinsic value of NG?

We do not publish one (as of the 2026-10-30 close). We are missing a figure this valuation depends on. We would rather say so than show a number built on a guess.