NovaGold Resources Inc.NG

$7.80-0.30 (-3.70%)
AMEXBasic Materials24:00 UTC

Company snapshot

Market Cap
$3B
Mid-cap
+72%
2016 — today
10-Year Price
+32%
2016 — today
52-Week Range
$3.70$14.20
Current $7.80· 39%

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. Founded in 1984, the company initially operated as NovaCan Mining Resources (1985) Limited before rebranding to NovaGold Resources Inc. in March 1987. Its corporate headquarters are located in Vancouver, Canada.

Valuation in context

P/E ratio
-28.2
N/A
Not meaningful — company is unprofitable
P/B ratio
7.3
Below average
Below the 10-year average
FCF Yield
-1.2%
Historically low
Historically low relative to the last 10 years
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