NovaGold Resources Stock Price and Value Analysis

Should you buy NovaGold Resources stock? (NYSE American:NG). Let's see how it does in our automated value investing analysis system.

AdvantagesDisadvantagesNeutral
None.
  • This stock looks overpriced.
  • This company is less known than others.
  • This company is not making money.
  • This company has wild ups and downs.
  • This company pays no dividend.

Inside the NG Numbers

NG Price
(NovaGold Resources stock price per share)
$7.71
[?] PE Ratio versus Sector 100% lower than other Basic Materials stocks
[?] PE Ratio versus Industry 100% lower than other Gold stocks
[?] Cash Yield -0.58%
[?] Free Cash Flow Jitter 101%

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 7,802,379 shares shorted. With 215,023,998 shares available for purchase and an average trading volume over the past 10 trading days of 839,342, it would take at least 9.296 days for all of the short holders to cover their shorts.

Is NovaGold Resources Stock on Sale?

Based on our analysis, we believe that you should not buy NovaGold Resources right now. It might be a good stock to own—we just can't prove it with value analysis right now. Proceed with caution.

Should You Buy NG Stock?

Does NovaGold Resources have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.