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NOVAGOLD RESOURCES INC NG
NOVAGOLD RESOURCES INC (NG) earns a Piotroski F-score of 3/9 (weak financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Analyst price target
Recent analyst actions
| Date | Firm | Rating |
|---|---|---|
| 2026-04-09 | Morgan Stanley | Overweight (init) |
| 2026-03-27 | Canaccord Genuity | Buy (init) |
| 2026-03-19 | RBC Capital | Outperform (main) |
| 2026-01-27 | B. Riley Securities | Buy (main) |
| 2025-10-15 | Citigroup | Buy (main) |
| 2025-09-30 | B. Riley Securities | Buy (main) |
Wall Street analyst consensus — a sentiment gauge, not our scoring.
How it ranks in Mining & Extraction · percentile among 189 companies
Percentile vs other Mining & Extraction companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 3/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | 0.335 |
| Retained earnings / assets | -6.548 |
| EBIT / assets | -0.141 |
| Equity / liabilities | 0.952 |
Sector peers · similar-size Mining & Extraction companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| NG | NOVAGOLD RESOURCES INC | 3/9 | -19.1 | — | — |
| NEM | NEWMONT Corp /DE/ | 8/9 | — | 14.5 | +21.3% |
| CDE | Coeur Mining, Inc. | 5/9 | 2.62 | 28.3 | +96.4% |
| MUX | McEwen Inc. | 5/9 | -2.6 | — | +13.2% |
| GORO | GOLD RESOURCE CORP | 6/9 | -0.19 | — | +51.8% |
| IDR | Idaho Strategic Resources, Inc. | 6/9 | — | 31.1 | +64.6% |
| URG | UR-ENERGY INC | 3/9 | -2.87 | — | — |
All Mining & Extraction companies →
About NOVAGOLD RESOURCES INC
NovaGold Resources Inc. operates in the gold mining industry, focusing on the exploration and development of gold mineral properties in the United States. The company's principal asset owns 60% interest in the Donlin Gold project consisting of 493 mining claims covering an area of approximately 29,008 hectares located in the Kuskokwim and Mt. McKinley Recording Districts. 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.
FAQ
Is NG financially healthy?
NOVAGOLD RESOURCES INC's Piotroski F-score is 3/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does NG pay a dividend?
No, NOVAGOLD RESOURCES INC does not currently pay a dividend.
How profitable is NG?
In FY2025, NOVAGOLD RESOURCES INC had a return on equity of -57.8%.
What is the analyst price target for NG?
The average Wall-Street price target for NOVAGOLD RESOURCES INC is $13.42, about 73.0% above the recent price, from 4 analysts (consensus: buy).
Is NG a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on NOVAGOLD RESOURCES INC: a Piotroski F-score of 3/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-11-30. Facts plus Stocktoria's own computed scores — not investment advice.