NovaGold Resources Inc Stock Research

Market Summary

USD5.15+0.14

Market Closed

2.79%

NG Stock Price

NG RSI Chart

NG Valuation

Market Cap

1.7B

Price/Earnings (Trailing)

-31.83

EV/EBITDA

-37.35

Price/Free Cashflow

-158.28

MarketCap/EBT

-31.86

NG Price/Sales (Trailing)

NG Profitability

Return on Equity

-178.39%

Return on Assets

-33.51%

Free Cashflow Yield

-0.63%

NG Fundamentals

NG Revenue

NG Earnings

Earnings (TTM)

-54.0M

Earnings Y/Y

-6.64%

Earnings Q/Q

13.02%

Price Action

52 Week Range

4.066.98

(Low)(High)

Last 7 days

-4.1%

Last 30 days

-5.2%

Last 90 days

-9.8%

Trailing 12 Months

-7.9%

NG Financial Health

Current Ratio

33.17

NG Investor Care

Shares Dilution (1Y)

0.42%

Peers (Alternatives to NovaGold Resources)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
SCCO	61.8B	10.1B	-13.24%	10.84%	23.34	6.15	-9.74%	-22.37%
FCX	60.3B	21.6B	-8.74%	-11.17%	13.46	2.65	-12.33%	-16.51%
NUE	38.3B	39.7B	-10.78%	0.16%	5.03	0.92	-0.58%	-16.70%
NEM	32.2B	11.6B	-13.59%	-39.75%	-61.21	2.78	-6.48%	-149.86%
STLD	15.9B	22.3B	-12.00%	8.18%	4.1	0.71	20.92%	19.49%
MID-CAP
CLF	7.1B	22.3B	-8.74%	-40.12%	13.75	0.32	37.87%	-86.51%
AA	6.5B	11.8B	-14.89%	-48.28%	-9.33	0.55	-5.94%	-182.31%
X	4.9B	20.3B	-8.61%	-16.15%	1.42	0.22	-7.07%	-62.92%
HL	3.6B	731.9M	-9.35%	12.92%	-96.66	5.02	-6.54%	-351.02%
SMALL-CAP
NG	1.7B	-	-5.16%	-7.87%	-31.83	-	-	-26.85%
VGZ	71.8M	-	-17.20%	-24.73%	-10.91	-	-	47.17%
GORO	69.1M	124.5M	-13.24%	-55.16%	-6.07	0.55	-13.12%	-219.49%
AUMN	19.8M	20.0M	-49.07%	-69.82%	-1.54	0.99	-36.22%	-1776.14%

Financials for NovaGold Resources

Income Statement (Last 12 Months)
Description	(%) Q/Q	2015Q4	2013Q4	2012Q2	2012Q1	2011Q4
Revenue	-100.0%		2,738,000	84,542,000	85,168,000	78,235,000

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Assets	-4.9%	151	159	167	179	188
Current Assets	-6.1%	143	153	157	143	156
Cash Equivalents	-15.2%	54.00	64.00	62.00	72.00	77.00
Liabilities	0.6%	130	129	126	123	120
Current Liabilities	-46.2%	2.00	5.00	3.00	3.00	2.00
Shareholder's Equity	-28.8%	21.00	30.00	41.00	56.00	68.00
Retained Earnings	-0.5%	-2,023	-2,012	-2,000	-1,984	-1,969
Additional Paid-In Capital	1.7%	84.00	83.00	83.00	81.00	80.00
Shares Outstanding	-100.0%	-	334	333	333	333

* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1
Cashflow From Operations	12.2%	-10.86	-12.37	-11.69	-11.92	-11.58
Share Based Compensation	0.9%	8.00	8.00	8.00	8.00	8.00
Cashflow From Investing	6.1%	-11.61	-12.36	-41.71	35.00	27.00
Cashflow From Financing	100.0%	0.00	-2.12	-2.12	-2.12	-2.12

Risks for NG

What is the probability of a big loss on NG?

86.2%

Probability that NovaGold Resources stock will be more than 20% underwater in next one year

72.3%

Probability that NovaGold Resources stock will be more than 30% underwater in next one year.

27.7%

Probability that NovaGold Resources stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does NG drawdown profile look like?

Y-axis is the maximum loss one would have experienced if NovaGold Resources was unfortunately bought at previous high price.

Drawdowns

Returns for NG

Cumulative Returns on NG

7.4%

10-Year Cumulative Returns

-0.6%

7-Year Cumulative Returns

1.9%

5-Year Cumulative Returns

-18.6%

3-Year Cumulative Returns

What are the long-term rolling returns for NG?

FIve years rolling returns for NovaGold Resources.

Annualized Returns

Which funds bought or sold NG recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-05-26	ProShare Advisors LLC	new	-	175,099	175,099	-%
2023-05-22	AMERIPRISE FINANCIAL INC	new	-	361,948	361,948	-%
2023-05-19	Coppell Advisory Solutions LLC	sold off	-100	-5,980	-	-%
2023-05-18	JPMORGAN CHASE & CO	reduced	-4.44	-23,000	3,578,000	-%
2023-05-18	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-21.94	-181,000	781,000	-%
2023-05-17	Advisory Services Network, LLC	unchanged	-	324	8,397	-%
2023-05-17	B. Riley Wealth Advisors, Inc.	unchanged	-	4,320	111,960	-%
2023-05-16	SUSQUEHANNA INTERNATIONAL GROUP, LLP	added	6.92	81,791	811,411	-%
2023-05-16	JANE STREET GROUP, LLC	reduced	-28.95	-588,674	1,667,060	-%
2023-05-16	Red Tortoise LLC	unchanged	-	83.00	2,146	-%

Latest Funds Activity

Are funds buying NG calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own NG

No. of Funds

NovaGold Resources News

Schedule 13G FIlings of NovaGold Resources

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	first eagle investment management, llc	5.66%	18,876,283	SC 13G
Feb 01, 2023	blackrock inc.	6.2%	20,670,060	SC 13G/A
Feb 09, 2022	fmr llc	-	0	SC 13G/A
Feb 03, 2022	blackrock inc.	5.9%	19,661,519	SC 13G/A
Feb 16, 2021	paulson & co. inc.	6.7%	22,226,300	SC 13G/A
Feb 08, 2021	fmr llc	-	0	SC 13G/A
Jan 29, 2021	blackrock inc.	6.4%	21,165,677	SC 13G/A
Feb 07, 2020	blackrock inc.	5.5%	18,007,790	SC 13G
Feb 07, 2020	fmr llc	-	0	SC 13G/A

NG Fair Value

Show Fair-Value

Recent SEC filings of NovaGold Resources

View All Filings

Date Filed	Form Type	Document
May 23, 2023	3	Insider Trading
May 23, 2023	4	Insider Trading
May 23, 2023	8-K	Current Report
May 22, 2023	4	Insider Trading
May 22, 2023	4	Insider Trading
May 19, 2023	3	Insider Trading
May 19, 2023	3	Insider Trading
May 19, 2023	4	Insider Trading
May 19, 2023	4	Insider Trading
May 11, 2023	8-K	Current Report

Latest Insider Trading transactions for NG

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2023-05-03	GARRETT DIANE R	acquired	475,000	4.75	100,000	-
2023-05-03	GARRETT DIANE R	sold (taxes)	-475,004	5.585	-85,050	-
2023-05-03	GARRETT DIANE R	sold	-83,421	5.58	-14,950	-
2023-04-13	Dowdall Sharon	sold (taxes)	-352,380	6.27	-56,201	-
2023-04-13	Dowdall Sharon	acquired	352,320	3.67	96,000	-
2023-04-13	Dowdall Sharon	sold	-255,112	6.41	-39,799	-
2023-03-31	Ottewell David A.	acquired	8,643	5.99	1,443	vice president & cfo
2023-03-31	Lang Gregory A.	acquired	15,633	5.99	2,610	president and ceo
2023-03-01	Dowdall Sharon	acquired	-	-	960	-
2023-03-01	MCARTHUR C. KEVIN	acquired	-	-	960	-

About NovaGold Resources

Gregory A. Lang

www.novagold.com

NovaGold Resources Inc. explores for and develops gold mineral properties in the United States. Its principal asset is the Donlin Gold project consisting of 493 mining claims covering an area of approximately 29,008 hectares located in the Kuskokwim region of southwestern Alaska. The company was formerly known as NovaCan Mining Resources (1985) Limited and changed its name to NovaGold Resources Inc. in March 1987. NovaGold Resources Inc. was incorporated in 1984 and is based in Vancouver, Canada.

NG Income Statement

2023-02-28

Condensed Consolidated Interim Statements of Loss and Comprehensive Loss (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Feb. 28, 2023	Feb. 28, 2022
Operating expenses:
General and administrative (Note 10)	$ 5,607	$ 5,177
Equity loss – Donlin Gold (Note 5)	4,475	4,040
Operating Expenses, Total	10,082	9,217
Loss from operations	(10,082)	(9,217)
Interest expense on promissory note	(2,944)	(1,512)
Accretion of notes receivable	217	210
Other income (expense), net (Note 11)	2,225	524
Loss before income taxes	(10,584)	(9,995)
Income tax expense	(75)	0
Net loss	(10,659)	(9,995)
Other comprehensive income (loss):
Foreign currency translation adjustments	(101)	178
Comprehensive loss	$ (10,760)	$ (9,817)
Net loss per common share – basic and diluted (in dollars per share)	$ (0.03)	$ (0.03)
Weighted average shares outstanding
Basic and diluted (thousands) (in shares)	333,948	332,940

NG Balance Sheet

2023-02-28

Condensed Consolidated Interim Balance Sheets (Unaudited) - USD ($) $ in Thousands	Feb. 28, 2023	Nov. 30, 2022
ASSETS
Cash and cash equivalents	$ 54,161	$ 63,882
Term deposits	62,000	62,000
Notes receivable (Note 4)	24,638	24,421
Other assets (Note 6)	2,407	2,235
Current assets	143,206	152,538
Investment in Donlin Gold (Note 5)	5,117	3,848
Other assets (Note 6)	3,038	2,803
Total assets	151,361	159,189
Accounts payable and accrued liabilities	515	769
Accrued payroll and related benefits	642	2,532
Other liabilities (Note 8)	1,317	1,298
Current liabilities	2,474	4,599
Promissory note (Note 7)	126,629	123,685
Other liabilities (Note 8)	954	1,002
Total liabilities	130,057	129,286
EQUITY
Common shares	1,984,696	1,983,962
Contributed surplus	84,293	82,866
Accumulated deficit	(2,023,167)	(2,012,508)
Accumulated other comprehensive loss	(24,518)	(24,417)
Total equity	21,304	29,903
Total liabilities and equity	$ 151,361	$ 159,189