NovaGold Resources Net Worth
NovaGold Resources Net Worth Breakdown | NG |
NovaGold Resources Net Worth Analysis
NovaGold Resources' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including NovaGold Resources' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of NovaGold Resources' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform NovaGold Resources' net worth analysis. One common approach is to calculate NovaGold Resources' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares NovaGold Resources' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing NovaGold Resources' net worth. This approach calculates the present value of NovaGold Resources' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of NovaGold Resources' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate NovaGold Resources' net worth. This involves comparing NovaGold Resources' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into NovaGold Resources' net worth relative to its peers.
Enterprise Value |
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To determine if NovaGold Resources is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding NovaGold Resources' net worth research are outlined below:
| NovaGold Resources is way too risky over 90 days horizon | |
| NovaGold Resources appears to be risky and price may revert if volatility continues | |
| NovaGold Resources has high likelihood to experience some financial distress in the next 2 years | |
| Annual Net Loss to common stockholders was (45.62 M) with gross profit of 0. | |
| NovaGold Resources reports about 63.88 M in cash with (12.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.4. | |
| NovaGold Resources has a poor financial position based on the latest SEC disclosures | |
| Roughly 25.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from finance.yahoo.com: NovaGold Insiders Raise Stakes Following Donlin Deal Despite Quarterly Loss |
NovaGold Resources uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in NovaGold Resources. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to NovaGold Resources' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 2nd of April 2024 Upcoming Quarterly Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View |
NovaGold Resources Target Price Consensus
NovaGold target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. NovaGold Resources' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 3 | Buy |
Most NovaGold analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand NovaGold stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of NovaGold Resources, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationNovaGold Resources Target Price Projection
NovaGold Resources' current and average target prices are 5.39 and 8.62, respectively. The current price of NovaGold Resources is the price at which NovaGold Resources is currently trading. On the other hand, NovaGold Resources' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
NovaGold Resources Market Quote on 19th of July 2025
Target Price
Analyst Consensus On NovaGold Resources Target Price
Follow NovaGold Resources' market capitalization trends
The company currently falls under 'Mid-Cap' category with a market capitalization of 2.19 B.Market Cap |
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Project NovaGold Resources' profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.48) | (0.45) | |
| Return On Capital Employed | (0.32) | (0.31) | |
| Return On Assets | (0.48) | (0.45) | |
| Return On Equity | 1.11 | 0.76 |
When accessing NovaGold Resources' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures NovaGold Resources' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of NovaGold Resources' profitability and make more informed investment decisions.
Evaluate NovaGold Resources' management efficiency
NovaGold Resources has Return on Asset (ROA) of (0.0601) % which means that for every 100 dollars spent on asset, it generated a loss of $0.0601. This is way below average. Likewise, it shows a return on total equity (ROE) of (1.2335) %, which implies that it produced no returns to current stockholders. NovaGold Resources' management efficiency ratios could be used to measure how well NovaGold Resources manages its routine affairs as well as how well it operates its assets and liabilities. The NovaGold Resources' current Return On Tangible Assets is estimated to increase to -0.45. The NovaGold Resources' current Return On Capital Employed is estimated to increase to -0.31. At this time, NovaGold Resources' Other Current Assets are most likely to decrease significantly in the upcoming years. The NovaGold Resources' current Debt To Assets is estimated to increase to 1.31, while Total Assets are projected to decrease to roughly 119.9 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (0.16) | (0.15) | |
| Tangible Book Value Per Share | (0.16) | (0.15) | |
| Enterprise Value Over EBITDA | (52.41) | (55.03) | |
| Price Book Value Ratio | (23.23) | (22.07) | |
| Enterprise Value Multiple | (52.41) | (55.03) | |
| Price Fair Value | (23.23) | (22.07) | |
| Enterprise Value | 2.3 B | 2.9 B |
At NovaGold Resources, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific NovaGold Resources insiders, such as employees or executives, is commonly permitted as long as it does not rely on NovaGold Resources' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases NovaGold Resources insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
NovaGold Resources Corporate Filings
F4 | 1st of July 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
ASR | 30th of June 2025 Automatic Shelf Registration Statement under Rule 415 filed with the U.S. Securities and Exchange Commission (SEC) | ViewVerify |
10Q | 25th of June 2025 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 16th of June 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
NovaGold Resources Earnings Estimation Breakdown
The calculation of NovaGold Resources' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of NovaGold Resources is estimated to be -0.075 with the future projection ranging from a low of -0.075 to a high of -0.075. Please be aware that this consensus of annual earnings estimates for NovaGold Resources is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
-0.07 Lowest | Expected EPS | -0.07 Highest |
NovaGold Resources Earnings Projection Consensus
Suppose the current estimates of NovaGold Resources' value are higher than the current market price of the NovaGold Resources stock. In this case, investors may conclude that NovaGold Resources is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and NovaGold Resources' stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of November 2025 | Current EPS (TTM) | |
| 3 | 32.77% | 0.0 | -0.075 | -0.26 |
NovaGold Resources Earnings per Share Projection vs Actual
Actual Earning per Share of NovaGold Resources refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering NovaGold Resources predict the company's earnings will be in the future. The higher the earnings per share of NovaGold Resources, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.NovaGold Resources Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as NovaGold Resources, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of NovaGold Resources should always be considered in relation to other companies to make a more educated investment decision.NovaGold Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact NovaGold Resources' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
null | null | null | null | null | 0 | ||
2025-06-24 | 2025-05-31 | -0.055 | -0.2055 | -0.1505 | 273 | ||
2025-03-25 | 2025-02-28 | -0.058 | -0.0272 | 0.0308 | 53 | ||
2025-01-22 | 2024-11-30 | -0.02 | -0.0325 | -0.0125 | 62 | ||
2024-10-02 | 2024-08-31 | -0.02 | -0.03 | -0.01 | 50 | ||
2024-06-26 | 2024-05-31 | -0.02 | -0.04 | -0.02 | 100 | ||
2024-04-03 | 2024-02-29 | -0.02 | -0.03 | -0.01 | 50 | ||
2024-01-24 | 2023-11-30 | -0.02 | -0.03 | -0.01 | 50 | ||
2023-10-03 | 2023-08-31 | -0.02 | -0.03 | -0.01 | 50 | ||
2023-06-27 | 2023-05-31 | -0.02 | -0.04 | -0.02 | 100 | ||
2023-04-04 | 2023-02-28 | -0.02 | -0.03 | -0.01 | 50 | ||
2023-01-25 | 2022-11-30 | -0.03 | -0.04 | -0.01 | 33 | ||
2022-10-04 | 2022-08-31 | -0.03 | -0.05 | -0.02 | 66 | ||
2022-06-29 | 2022-05-31 | -0.03 | -0.04 | -0.01 | 33 | ||
2022-04-05 | 2022-02-28 | -0.03 | -0.03 | 0.0 | 0 | ||
2022-01-26 | 2021-11-30 | -0.04 | -0.03 | 0.01 | 25 | ||
2021-09-29 | 2021-08-31 | -0.04 | -0.04 | 0.0 | 0 | ||
2021-06-29 | 2021-05-31 | -0.03 | -0.03 | 0.0 | 0 | ||
2021-03-31 | 2021-02-28 | -0.02 | -0.02 | 0.0 | 0 | ||
2021-01-27 | 2020-11-30 | -0.03 | -0.02 | 0.01 | 33 | ||
2020-09-30 | 2020-08-31 | -0.02 | -0.04 | -0.02 | 100 | ||
2020-06-24 | 2020-05-31 | -0.02 | -0.02 | 0.0 | 0 | ||
2020-04-01 | 2020-02-29 | -0.02 | -0.02 | 0.0 | 0 | ||
2020-01-22 | 2019-11-30 | -0.03 | -0.02 | 0.01 | 33 | ||
2019-10-01 | 2019-08-31 | -0.02 | -0.02 | 0.0 | 0 | ||
2019-06-26 | 2019-05-31 | -0.02 | -0.02 | 0.0 | 0 | ||
2019-04-02 | 2019-02-28 | -0.01 | -0.02 | -0.01 | 100 | ||
2019-01-23 | 2018-11-30 | -0.02 | -0.02 | 0.0 | 0 | ||
2018-10-02 | 2018-08-31 | 0.1 | -0.02 | -0.12 | 120 | ||
2018-06-27 | 2018-05-31 | -0.02 | -0.03 | -0.01 | 50 | ||
2018-04-04 | 2018-02-28 | -0.01 | -0.03 | -0.02 | 200 | ||
2018-01-25 | 2017-11-30 | -0.04 | -0.03 | 0.01 | 25 | ||
2017-10-04 | 2017-08-31 | -0.02 | -0.03 | -0.01 | 50 | ||
2017-06-27 | 2017-05-31 | -0.02 | -0.03 | -0.01 | 50 | ||
2017-04-03 | 2017-02-28 | -0.01 | -0.03 | -0.02 | 200 | ||
2017-01-25 | 2016-11-30 | -0.02 | -0.02 | 0.0 | 0 | ||
2016-10-05 | 2016-08-31 | -0.02 | -0.02 | 0.0 | 0 | ||
2016-06-27 | 2016-05-31 | -0.02 | -0.03 | -0.01 | 50 | ||
2016-04-05 | 2016-02-29 | -0.02 | -0.03 | -0.01 | 50 | ||
2016-01-27 | 2015-11-30 | -0.02 | -0.02 | 0.0 | 0 | ||
2015-10-06 | 2015-08-31 | -0.02 | -0.02 | 0.0 | 0 | ||
2015-07-07 | 2015-05-31 | -0.02 | -0.03 | -0.01 | 50 | ||
2015-03-31 | 2015-02-28 | -0.02 | -0.03 | -0.01 | 50 | ||
2015-01-28 | 2014-11-30 | -0.03 | -0.02 | 0.01 | 33 | ||
2014-10-07 | 2014-08-31 | -0.03 | -0.04 | -0.01 | 33 | ||
2014-07-09 | 2014-05-31 | -0.03 | -0.03 | 0.0 | 0 | ||
2014-04-07 | 2014-02-28 | -0.03 | -0.03 | 0.0 | 0 | ||
2014-02-12 | 2013-11-30 | 0.02 | -0.06 | -0.08 | 400 | ||
2013-07-10 | 2013-05-31 | -0.03 | -0.03 | 0.0 | 0 | ||
2013-04-10 | 2013-02-28 | -0.03 | -0.05 | -0.02 | 66 | ||
2012-02-22 | 2011-11-30 | -0.1 | -0.16 | -0.06 | 60 | ||
2011-10-13 | 2011-08-31 | -0.1 | -0.13 | -0.03 | 30 | ||
2011-07-13 | 2011-05-31 | -0.1 | -0.1 | 0.0 | 0 | ||
2011-04-13 | 2011-02-28 | -0.03 | -0.05 | -0.02 | 66 | ||
2011-02-22 | 2010-11-30 | -0.06 | -0.12 | -0.06 | 100 | ||
2010-07-13 | 2010-05-31 | -0.07 | -0.07 | 0.0 | 0 | ||
2010-04-13 | 2010-02-28 | -0.06 | -0.1 | -0.04 | 66 | ||
2010-02-11 | 2009-11-30 | -0.03 | -0.09 | -0.06 | 200 | ||
2009-10-13 | 2009-08-31 | -0.01 | -0.1 | -0.09 | 900 | ||
2009-07-15 | 2009-05-31 | -0.03 | -0.02 | 0.01 | 33 | ||
2009-04-15 | 2009-02-28 | -0.04 | -0.2 | -0.16 | 400 | ||
2009-02-23 | 2008-11-30 | 0.38 | -0.05 | -0.43 | 113 | ||
2008-10-16 | 2008-08-31 | -0.07 | -0.16 | -0.09 | 128 | ||
2008-07-11 | 2008-05-31 | -0.07 | -0.08 | -0.01 | 14 | ||
2008-04-14 | 2008-02-29 | -0.03 | -0.02 | 0.01 | 33 | ||
2007-10-15 | 2007-08-31 | -0.04 | -0.04 | 0.0 | 0 | ||
2007-07-16 | 2007-05-31 | -0.05 | -0.03 | 0.02 | 40 | ||
2007-04-16 | 2007-02-28 | 0.01 | -0.05 | -0.06 | 600 | ||
2007-02-28 | 2006-11-30 | -0.07 | -0.21 | -0.14 | 200 | ||
2006-10-13 | 2006-08-31 | -0.03 | -0.03 | 0.0 | 0 | ||
2006-07-14 | 2006-05-31 | -0.02 | -0.1 | -0.08 | 400 | ||
2006-04-13 | 2006-02-28 | -0.02 | 0.0012 | 0.0212 | 106 | ||
2005-04-13 | 2005-02-28 | -0.01 | -0.08 | -0.07 | 700 | ||
2005-02-28 | 2004-11-30 | -0.01 | -0.02 | -0.01 | 100 | ||
2004-10-14 | 2004-08-31 | -0.01 | -0.0037 | 0.0063 | 63 | ||
2004-07-29 | 2004-05-31 | -0.01 | -0.02 | -0.01 | 100 | ||
2003-07-30 | 2003-05-31 | -0.02 | -0.08 | -0.06 | 300 |
NovaGold Resources Corporate Directors
| Ethan Schutt | Independent Director | Profile | |
| Kalidas Madhavpeddi | Independent Director | Profile | |
| Clynton Nauman | Independent Director | Profile | |
| Anthony Walsh | Lead Independent Director | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NovaGold Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in NovaGold Stock please use our How to Invest in NovaGold Resources guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Metals & Mining space 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.
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.