Novagold Resources Stock Performance

NG Stock  CAD 12.02  0.52  4.52%   
On a scale of 0 to 100, NovaGold Resources holds a performance score of 13. The company secures a Beta (Market Risk) of 0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, NovaGold Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding NovaGold Resources is expected to be smaller as well. Please check NovaGold Resources' downside variance, as well as the relationship between the accumulation distribution and price action indicator , to make a quick decision on whether NovaGold Resources' current price movements will revert.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in NovaGold Resources are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, NovaGold Resources displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor
1:10
Ex Dividend Date
1999-06-28
Last Split Date
1997-12-17
1
Visualizing NovaGold Resources Inc. stock with heatmaps - Trade Risk Report Long-Term Safe Investment Plans - Newser
08/28/2025
2
Novagold Resources Boosts Stake in Donlin Gold Project - TipRanks
10/01/2025
3
NovaGold Resources Inc. stock volume spike explained - July 2025 EndofMonth Intraday High Probability Alerts - newser.com
10/10/2025
4
Citi Maintains Novagold Resources With Buy Rating, Maintains Target Price 12.5 -
10/15/2025
5
How NovaGold Resources Inc. stock valuations compare to rivals - New Guidance Smart Allocation Stock Reports - newser.com
10/24/2025
6
Will NovaGold Resources Inc. stock reach all time highs in 2025 - Market Volume Report Capital Efficient Trade Techniques - newser.com
10/27/2025
7
Why Novagold Resources Inc. stock could be next leader - Weekly Trend Report High Conviction Buy Zone Picks - newser.com
10/31/2025
8
NovaGold started Outperform at BMO, as Donlin project built at ideal time - Seeking Alpha
11/04/2025
9
NovaGold Resources Rating Increased to Strong-Buy at BMO Capital Markets - MarketBeat
11/07/2025
Begin Period Cash Flow45.7 M
Total Cashflows From Investing Activities9.4 M
  

NovaGold Resources Relative Risk vs. Return Landscape

If you would invest  817.00  in NovaGold Resources on August 13, 2025 and sell it today you would earn a total of  385.00  from holding NovaGold Resources or generate 47.12% return on investment over 90 days. NovaGold Resources is currently producing 0.7028% returns and takes up 3.9883% volatility of returns over 90 trading days. Put another way, 35% of traded stocks are less volatile than NovaGold, and 86% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
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       Risk  
Assuming the 90 days horizon NovaGold Resources is expected to generate 6.69 times more return on investment than the market. However, the company is 6.69 times more volatile than its market benchmark. It trades about 0.18 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.14 per unit of risk.

NovaGold Resources Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for NovaGold Resources' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as NovaGold Resources, and traders can use it to determine the average amount a NovaGold Resources' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1762

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Estimated Market Risk

 3.99
  actual daily
35
65% of assets are more volatile

Expected Return

 0.7
  actual daily
14
86% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
13
87% of assets perform better
Based on monthly moving average NovaGold Resources is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of NovaGold Resources by adding it to a well-diversified portfolio.

NovaGold Resources Fundamentals Growth

NovaGold Stock prices reflect investors' perceptions of the future prospects and financial health of NovaGold Resources, and NovaGold Resources fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on NovaGold Stock performance.

About NovaGold Resources Performance

By examining NovaGold Resources' fundamental ratios, stakeholders can obtain critical insights into NovaGold Resources' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that NovaGold Resources is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Last ReportedProjected for Next Year
Days Of Inventory On Hand 768.96  730.51 
Return On Tangible Assets(0.48)(0.45)
Return On Capital Employed(0.32)(0.31)
Return On Assets(0.48)(0.45)
Return On Equity 1.11  0.76 

Things to note about NovaGold Resources performance evaluation

Checking the ongoing alerts about NovaGold Resources for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for NovaGold Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
NovaGold Resources appears to be risky and price may revert if volatility continues
Net Loss for the year was (45.62 M) with profit before overhead, payroll, taxes, and interest of 0.
NovaGold Resources has accumulated about 42.22 M in cash with (12.64 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38.
Roughly 64.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: NovaGold Resources Rating Increased to Strong-Buy at BMO Capital Markets - MarketBeat
Evaluating NovaGold Resources' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate NovaGold Resources' stock performance include:
  • Analyzing NovaGold Resources' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether NovaGold Resources' stock is overvalued or undervalued compared to its peers.
  • Examining NovaGold Resources' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating NovaGold Resources' management team can have a significant impact on its success or failure. Reviewing the track record and experience of NovaGold Resources' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of NovaGold Resources' stock. These opinions can provide insight into NovaGold Resources' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating NovaGold Resources' stock performance is not an exact science, and many factors can impact NovaGold Resources' stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
When determining whether NovaGold Resources is a strong investment it is important to analyze NovaGold Resources' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact NovaGold Resources' future performance. For an informed investment choice regarding NovaGold Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NovaGold Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
To learn how to invest in NovaGold Stock, please use our How to Invest in NovaGold Resources guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Please note, there is a significant difference between NovaGold Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if NovaGold Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NovaGold Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.