The stock price of Novagold Resources Inc (AMEX: NG) has jumped by 0.69 compared to previous close of 4.35. Despite this, the company has seen a gain of 1.39% in its stock price over the last five trading days. globenewswire.com reported 2025-06-16 that VANCOUVER, British Columbia, June 16, 2025 (GLOBE NEWSWIRE) — NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) is pleased to announce the publication of its 2024 Sustainability Report which provides an overview of the Company’s performance in the areas of environmental responsibility, health and safety, social engagement, and corporate governance in alignment with GRI standards and the recommendations of the TCFD and the TNFD.
Is It Worth Investing in Novagold Resources Inc (AMEX: NG) Right Now?
Additionally, the 36-month beta value for NG is 0.65. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for NG is 265.48M and currently, short sellers hold a 4.28% ratio of that float. The average trading volume of NG on June 17, 2025 was 4.91M shares.
NG’s Market Performance
NG’s stock has seen a 1.39% increase for the week, with a 21.67% rise in the past month and a 33.54% gain in the past quarter. The volatility ratio for the week is 1.63%, and the volatility levels for the past 30 days are at 5.55% for Novagold Resources Inc. The simple moving average for the past 20 days is 9.43% for NG’s stock, with a 23.39% simple moving average for the past 200 days.
Analysts’ Opinion of NG
Many brokerage firms have already submitted their reports for NG stocks, with RBC Capital Mkts repeating the rating for NG by listing it as a “Outperform.” The predicted price for NG in the upcoming period, according to RBC Capital Mkts is $7 based on the research report published on June 04, 2025 of the current year 2025.
NG Trading at 16.35% from the 50-Day Moving Average
After a stumble in the market that brought NG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.44% of loss for the given period.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NG starting from Electrum Strategic Resources L, who purchase 13,333,334 shares at the price of $3.75 back on May 09 ’25. After this action, Electrum Strategic Resources L now owns 92,902,813 shares of Novagold Resources Inc, valued at $50,000,002 using the latest closing price.
Stock Fundamentals for NG
The total capital return value is set at -0.32.
Based on Novagold Resources Inc (NG), the company’s capital structure generated 1.56 points at debt to capital in total, while cash flow to debt ratio is standing at -0.08. The debt to equity ratio resting at -2.78. The interest coverage ratio of the stock is -2.15.
Currently, EBITDA for the company is -29.28 million with net debt to EBITDA at -4.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 47.82.
Conclusion
In conclusion, Novagold Resources Inc (NG) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
