In last trading session, Novagold Resources Inc (AMEX:NG) saw 5.5 million shares changing hands with its beta currently measuring 0.65. Company’s recent per share price level of $3.7 trading at -$0.2 or -5.13% at ring of the bell on the day assigns it a market valuation of $1.42B. That closing price of NG’s stock is at a discount of -36.76% from its 52-week high price of $5.06 and is indicating a premium of 38.92% from its 52-week low price of $2.26.
For Novagold Resources Inc (NG), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.67. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Novagold Resources Inc (AMEX:NG) trade information
Upright in the red during last session for losing -5.13%, in the last five days NG remained trading in the red while hitting it’s week-highest on Wednesday, 06/18/25 when the stock touched $3.7 price level, adding 17.04% to its value on the day. Novagold Resources Inc’s shares saw a change of 10.45% in year-to-date performance and have moved -15.72% in past 5-day. Novagold Resources Inc (AMEX:NG) showed a performance of 3.35% in past 30-days.
Wall Street analysts have assigned a consensus price target of 5.25 to the stock, which implies a rise of 29.52% to its current value. Analysts have been projecting 5.25 as a low price target for the stock while placing it at a high target of 5.25. It follows that stock’s current price would drop -41.89% in reaching the projected high whereas dropping to the targeted low would mean a loss of -41.89% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -9.87% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 7.14% while estimates for its earnings growth in next 5 years are of 5.90%.
Novagold Resources Inc (AMEX:NG)’s Major holders
PAULSON & CO. INC. is the top institutional holder at NG for having 27.24 million shares of worth $94.24 million. And as of 2024-06-30, it was holding 8.1458 of the company’s outstanding shares.
The second largest institutional holder is FIRST EAGLE INVESTMENT MANAGEMENT, LLC, which was holding about 21.49 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.4255 of outstanding shares, having a total worth of $74.34 million.
