Valuation dashboard for NovaGold Resources Inc. (NG) with P/E N/A, P/B 6.66, EV/EBITDA -96.1 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Basic Materials companies.
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.
Analysis Summary
Trailing-twelve-month margins: gross margin 0.0%, operating margin 0.0%, net margin 0.0%.
At $5.88 (closing price, November 2, 2026), NG has negative trailing earnings (P/E not meaningful) and an ROE of -25.84%. Market capitalisation stands at $2.6B.
Balance sheet quality for NG: debt-to-equity ratio of 0.46, current ratio of 44.51 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| Price / Book | 6.66 |
| EV / EBITDA | -96.1 |
| Dividend Yield | 0.00% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| NG | NovaGold Resources Inc. | $2.6B | 6.66 | -25.8% | |
| 0R4M.L | Lundin Gold Inc. | SEK 155.3B | 15.60 | 26.83 | 81.6% |
| 0R2J.L | Agnico Eagle Mines Limited | CAD 133.7B | 14.94 | 3.05 | 22.6% |
| AEM.TO | Agnico Eagle Mines Limited | CAD 120.5B | 14.04 | 2.93 | 22.4% |
| NEM | Newmont Corporation | $113.4B | 12.66 | 3.21 | 26.5% |
| 0R28.L | Newmont Corporation | $91.2B | 12.60 | 3.20 | 26.5% |
| ABX.TO | Barrick Mining Corporation | CAD 87.4B | 9.83 | 2.32 | 24.6% |
| AEM | Agnico Eagle Mines Limited | $86.2B | 14.04 | 2.92 | 22.4% |
Price
| Price | $5.88 (closing price, November 2, 2026) |
| Market Cap | $2.6B |
| Exchange | AMEX |
| Country | CA |
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% |
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: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
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