NovaGold Resources Inc. (NG)Basic Materials | Gold | Vancouver, Canada | NYSE American
6.57 USD
+0.01
(0.076%)
⇧
(Oct. 16, 2026, 9:33 a.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 1:51 a.m. EDT
The immediate catalyst here is the $4.2 billion all-share takeover of Donlin Gold, which has fundamentally altered the company's trajectory from a standalone miner to a major gold producer. While the balance sheet shows losses and negative free cash flow, the massive premium implied by the deal and the overwhelming options positioning suggest the market is pricing in a successful integration and future profitability. The stock has already rallied nearly 180% year-to-date, yet the options chain shows traders still expecting significant further upside, betting on a move toward the $13 analyst target. However, the long-term outlook remains murky due to the lack of a dividend history and ongoing operational losses; the current thesis relies entirely on the execution of this mega-deal rather than a proven track record of sustainable earnings. For now, the momentum is clearly bullish, but investors should remain wary of the execution risks inherent in such a large transaction. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.205935 |
| MSTL | 0.216396 |
| AutoETS | 0.238617 |
| AutoARIMA | 0.238621 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 37% |
| H-stat | 1.45 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.681 |
| Excess Kurtosis | -0.61 |
| Attribute | Value |
|---|---|
| Sector | Basic Materials |
| Debt to Equity Ratio | 46.0 |
| Market Cap | 2,883,021,312 |
| Forward P/E | -33.00 |
| Beta | 2.35 |
| Website | https://www.novagold.com |
As of Oct. 10, 2026, 1:51 a.m. EDT: Speculators are heavily positioned for upside, with out-of-the-money call open interest significantly outweighing put open interest across all expirations. The bulk of call volume and open interest sits at strikes well above the current price (e.g., $10, $12, $15), suggesting a bullish bet on a major re-rating driven by the Donlin Gold acquisition. Conversely, put activity is sparse and concentrated near the money or slightly below, indicating limited hedging against downside compared to the aggressive call speculation.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.313089 |
| Address1 | 400 Burrard Street |
| Address2 | Suite 1860 |
| All Time High | 19.810127 |
| All Time Low | 0.334539 |
| Ask | 0.0 |
| Ask Size | 5,200 |
| Audit Risk | 6 |
| Average Analyst Rating | 1.7 - Buy |
| Average Daily Volume10 Day | 4,838,200 |
| Average Daily Volume3 Month | 5,541,734 |
| Average Volume | 5,541,734 |
| Average Volume10Days | 4,838,200 |
| Beta | 2.345 |
| Bid | 6.45 |
| Bid Size | 17,000 |
| Board Risk | 4 |
| Book Value | 0.883 |
| City | Vancouver |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 10 |
| Country | Canada |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 6.57 |
| Current Ratio | 44.506 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 6.57 |
| Day Low | 6.48 |
| Debt To Equity | 46.0 |
| Display Name | NovaGold Resources |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,791,471,600 |
| Earnings Call Timestamp Start | 1,791,471,600 |
| Earnings Timestamp | 1,791,462,600 |
| Earnings Timestamp End | 1,791,462,600 |
| Earnings Timestamp Start | 1,791,462,600 |
| Ebitda | -38,115,000 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -71.189 |
| Enterprise Value | 2,713,385,984 |
| Eps Current Year | -0.299 |
| Eps Forward | -0.19909899 |
| Eps Trailing Twelve Months | -0.21 |
| Esg Populated | 0 |
| Exchange | ASE |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fax | 604 669 6272 |
| Fifty Day Average | 7.5448 |
| Fifty Day Average Change | -0.97479963 |
| Fifty Day Average Change Percent | -0.12920153 |
| Fifty Two Week Change Percent | -31.3089 |
| Fifty Two Week High | 14.4 |
| Fifty Two Week High Change | -7.8299994 |
| Fifty Two Week High Change Percent | -0.54375 |
| Fifty Two Week Low | 5.08 |
| Fifty Two Week Low Change | 1.4900002 |
| Fifty Two Week Low Change Percent | 0.29330713 |
| Fifty Two Week Range | 5.08 - 14.4 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,070,548,200,000 |
| Float Shares | 234,226,813 |
| Forward Eps | -0.19909899 |
| Forward P E | -32.99866 |
| Free Cashflow | -26,618,124 |
| Full Exchange Name | NYSE American |
| Full Time Employees | 12 |
| Fullday Change | 0.0050001144 |
| Fullday Change Percent | 0.0761632 |
| Fullday Price | 6.57 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.0 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.00714 |
| Held Percent Institutions | 0.81997 |
| Implied Shares Outstanding | 438,815,994 |
| Industry | Gold |
| Industry Disp | Gold |
| Industry Key | gold |
| Ir Website | http://www.novagold.com/section.asp?pageid=15797 |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,764,460,800 |
| Long Business Summary | 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. |
| Long Name | NovaGold Resources Inc. |
| Market | us_market |
| Market Cap | 2,883,021,312 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_53838134 |
| Most Recent Quarter | 1,788,134,400 |
| Net Income To Common | -92,589,000 |
| Next Fiscal Year End | 1,795,996,800 |
| Non Diluted Market Cap | 3,181,588,107 |
| Number Of Analyst Opinions | 2 |
| Open | 6.3 |
| Operating Cashflow | -20,960,000 |
| Operating Margins | 0.0 |
| Overall Risk | 8 |
| Payout Ratio | 0.0 |
| Peg Ratio | 1.34 |
| Phone | 604 669 6227 |
| Previous Close | 6.565 |
| Price Eps Current Year | -21.973246 |
| Price Hint | 2 |
| Price To Book | 7.4405437 |
| Profit Margins | 0.0 |
| Quick Ratio | 44.35 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 1.66667 |
| Region | US |
| Regular Market Change | 0.0050001144 |
| Regular Market Change Percent | 0.0761632 |
| Regular Market Day High | 6.57 |
| Regular Market Day Low | 6.48 |
| Regular Market Day Range | 6.48 - 6.57 |
| Regular Market Open | 6.3 |
| Regular Market Previous Close | 6.565 |
| Regular Market Price | 6.57 |
| Regular Market Time | 1,792,157,622 |
| Regular Market Volume | 85,537 |
| Return On Assets | -0.05189 |
| Return On Equity | -0.32812 |
| Sand P52 Week Change | 0.16207206 |
| Sector | Basic Materials |
| Sector Disp | Basic Materials |
| Sector Key | basic-materials |
| Share Holder Rights Risk | 8 |
| Shares Outstanding | 438,815,994 |
| Shares Percent Shares Out | 0.053400002 |
| Shares Short | 23,421,081 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 24,869,248 |
| Short Name | Novagold Resources Inc. |
| Short Percent Of Float | 0.0851 |
| Short Ratio | 4.09 |
| Source Interval | 15 |
| State | BC |
| Symbol | NG |
| Target High Price | 13.759011 |
| Target Low Price | 12.243571 |
| Target Mean Price | 13.001291 |
| Target Median Price | 13.001291 |
| Total Cash | 343,385,984 |
| Total Cash Per Share | 0.783 |
| Total Debt | 178,139,008 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.21 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 8.43995 |
| Two Hundred Day Average Change | -1.8699498 |
| Two Hundred Day Average Change Percent | -0.22155935 |
| Type Disp | Equity |
| Volume | 85,537 |
| Website | https://www.novagold.com |
| Zip | V6C 3A6 |