Novagold Resources Inc NG

Morningstar Rating
CAD 5.56 −0.13 (2.28%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NG is trading at a 320% premium.
Price
CAD 5.71
Fair Value
CAD 98.14
Uncertainty
Extreme
1-Star Price
CAD 441.39
5-Star Price
CAD 2.24
Economic Moat
Thktn
Capital Allocation

News

Trading Information

Previous Close Price
CAD 5.69
Day Range
CAD 5.545.64
52-Week Range
CAD 2.986.73
Bid/Ask
CAD 5.56 / CAD 5.57
Market Cap
CAD 1.86 Bil
Volume/Avg
37,941 / 227,443

Key Statistics

Price/Earnings (Normalized)
Price/Sales
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

Novagold Resources Inc is a mineral exploration company engaged in the exploration and development of mineral properties. The company owns 50% of the Donlin Gold project, which is located in southwestern Alaska, approximately 20 kilometers north of the village of Crooked Creek on the Kuskokwim River.
Sector
Basic Materials
Industry
Gold
Stock Style Box
Small Value
Total Number of Employees
13

Comparables

Valuation

Metric
NG
TXG
RML
Price/Earnings (Normalized)
11.83
Price/Book Value
1.06
Price/Sales
1.74
Price/Cash Flow
4.46
Price/Earnings
NG
TXG
RML

Financial Strength

Metric
NG
TXG
RML
Quick Ratio
29.070.630.01
Current Ratio
29.281.090.01
Interest Coverage
−2.59−0.79
Quick Ratio
NG
TXG
RML

Profitability

Metric
NG
TXG
RML
Return on Assets (Normalized)
−30.61%7.07%−3,778.47%
Return on Equity (Normalized)
8.66%
Return on Invested Capital (Normalized)
−27.69%7.94%
Return on Assets
NG
TXG
RML

Gold Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Zijin Mining Group Co Ltd ADR
ZIJMY
Scmjz$65.0 Bil
Zijin Mining Group Co Ltd Class H
ZIJMF
Lqyyy$65.0 Bil
Newmont Corp Chess Depository Interest
NEMCL
Vfry$61.8 Bil
Newmont Corp
NEM
NkzpbmvhNld$61.8 Bil
Agnico Eagle Mines Ltd
AEM
ZlllcjhqHhlq$41.1 Bil
Barrick Gold Corp
GOLD
TynbzpgmsVts$35.6 Bil
Wheaton Precious Metals Corp
WPM
FndwthcmLcpbc$28.4 Bil
Franco-Nevada Corp
FNV
Vhyq$24.2 Bil
Gold Fields Ltd
GFIOF
Jqgx$14.5 Bil
Kinross Gold Corp
KGC
NntBqp$11.7 Bil

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