NovaGold Resources Inc. (NG) is a publicly traded company in the Basic Materials — Gold industry listed on AMEX. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
NovaGold Resources Inc. (NG) is an enterprise primarily engaged in the discovery and advancement of gold mining properties, with its operational focus predominantly within the United States. A central component of the company's assets is the Donlin Gold project, a significant holding situated in the Kuskokwim region of southwestern Alaska. This expansive site is comprised of 493 individual mining claims, collectively encompassing approximately 29,008 hectares.
Is NovaGold Resources Inc. stock overvalued or undervalued in 2026?
As of November 2, 2026, NovaGold Resources Inc. (NG) trades at $5.88 with no positive earnings over the last twelve months, according to Kaplio. No valuation verdict: it has no earnings to calculate a P/E from.
Kaplio overview: NovaGold Resources Inc.
Market cap $3B · 52 weeks $5 – $14 (59 % below the high) · P/E no earnings · Dividend none · Next earnings January 28, 2027 · expected EPS -$0.02 · Closing price, Nov 2 · accounts published Oct 8.
- Valuation: P/E — (no earnings).
- Business: ROIC −19 % (weak).
- Balance sheet: Altman Z 4.1 (solid).
- Earnings: 3 of 8 (disappointing).
What would it be worth at its usual multiples?
No valuation verdict: it has no earnings to calculate a P/E from.
In cyclicals the P/E misleads: today's earnings are not the normal ones.
What matters in materials: 1 of 4 pass
- FCF yield −1.8 %, fails.
- Gross margin 0.0 %, fails.
- P/B across cycles 6.7×, fails.
- Altman Z-Score 4.1, passes.
- Net debt / EBITDA (trough) n. s., info.
Against its peers (reference peers) — NovaGold Resources Inc.: P/E —; EV/EBITDA —; ROIC -18.9 %; $2.6B. Seabridge Gold Inc. (P/E 117×; EV/EBITDA —; ROIC -1.1 %; $2.6B), Fortuna Mining Corp. (P/E 7.7×; EV/EBITDA 2.8×; ROIC 18.8 %; $2.7B), Allied Gold Corporation (P/E —; EV/EBITDA 5.7×; ROIC -1.4 %; $2.7B).
Profitability
| Return on Equity | -25.84% |
| Return on Invested Capital | -18.93% |
| Return on Assets | -15.96% |
| Gross Margin | 0.00% |
| Operating Margin | 0.00% |
| Net Margin | 0.00% |
Financial Health
| Debt / Equity | 0.46 |
| Current Ratio | 44.51 |
| Piotroski F-Score | 3 |
| Altman Z-Score | 4.07 |
Price Performance
| 1 month | -10.23% |
| 3 months | -14.66% |
| Year-to-date | -36.91% |
| 1 year | -27.50% |
| 3 years | +53.52% |
| 5 years | -20.65% |
| 10 years | +8.49% |
Related companies: 0R4M.L · 0R2J.L · AEM.TO · NEM · 0R28.L · ABX.TO · AEM · WPM.TO
Explore sector: Basic Materials · Gold
More sections of NG: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method · Companies that pass the Lynch method · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks