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NYSEAMERICAN:NG - NovaGold Resources Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $8.00
  • Forecasted Upside: 65.29 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$4.84 As of 08/11/2022 01:00 AM ET
▼ -0.1 (-2.02%)

This chart shows the closing price for NG by one month, three months, or twelve months.

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Analyst Price Target for NG

Analyst Price Target is $8.00
▲ +65.29% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for NovaGold Resources in the last 3 months. The average price target is $8.00, with a high forecast of $8.00 and a low forecast of $8.00. The average price target represents a 65.29% upside from the last price of $4.84.

This chart shows the closing price for NG for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 2 investment analysts is to buy stock in NovaGold Resources. This rating changed within the last month from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/17/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/18/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/16/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/14/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
2/12/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/13/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
7/12/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/11/2022

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
7/20/2022National Bank FinancialInitiated CoverageOutperform
2/7/2022Royal Bank of CanadaSet Price TargetSector Perform$8.00
1/29/2021B. RileyReiterated RatingBuy
4/3/2020B. RileyReiterated RatingBuy$30.00
3/24/2020B. RileyBoost Price TargetBuy$11.00 ➝ $30.00
2/11/2020B. RileyReiterated RatingBuy$11.00
8/23/2019B. RileySet Price TargetBuy$9.00
1/25/2019B. RileyReiterated RatingBuy
12/12/2018Royal Bank of CanadaReiterated RatingHold
4/24/2018JPMorgan Chase & Co.Lower Price TargetOverweight ➝ Overweight$7.50 ➝ $7.00
12/19/2017B. RileyInitiated CoverageBuy ➝ Buy$7.00
(Data available from 8/12/2017 forward)

News Sentiment Rating

0.34 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
1/13/2022
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/12/2022
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/14/2022
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/13/2022
  • 2 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
5/13/2022
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/12/2022
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/12/2022
  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/11/2022

Current Sentiment

  • 0 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

  • No very positive mentions tracked during this time.
NovaGold Resources logo
NovaGold Resources Inc. explores for and develops gold mineral properties in the United States. Its principal asset is the Donlin Gold project consisting of 493 mining claims covering an area of approximately 29,008 hectares located in the Kuskokwim region of southwestern Alaska. 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.
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Today's Range

Now: $4.84
Low: $4.82
High: $4.99

50 Day Range

MA: N/A

52 Week Range

Now: $4.84
Low: $4.22
High: $8.36

Volume

693,055 shs

Average Volume

1,594,230 shs

Market Capitalization

$1.61 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.65

Frequently Asked Questions

What sell-side analysts currently cover shares of NovaGold Resources?

The following Wall Street sell-side analysts have issued research reports on NovaGold Resources in the last year: National Bank Financial, and Royal Bank of Canada.
View the latest analyst ratings for NG.

What is the current price target for NovaGold Resources?

1 Wall Street analysts have set twelve-month price targets for NovaGold Resources in the last year. Their average twelve-month price target is $8.00, suggesting a possible upside of 65.3%. Royal Bank of Canada has the highest price target set, predicting NG will reach $8.00 in the next twelve months. Royal Bank of Canada has the lowest price target set, forecasting a price of $8.00 for NovaGold Resources in the next year.
View the latest price targets for NG.

What is the current consensus analyst rating for NovaGold Resources?

NovaGold Resources currently has 1 hold rating and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe NG will outperform the market and that investors should add to their positions of NovaGold Resources.
View the latest ratings for NG.

What other companies compete with NovaGold Resources?

Other companies that are similar to NovaGold Resources include Centerra Gold, Osisko Gold Royalties, MAG Silver, Equinox Gold and Sandstorm Gold. Learn More about companies similar to NovaGold Resources.

How do I contact NovaGold Resources' investor relations team?

NovaGold Resources' physical mailing address is 789 Pender St W Suite 720, VANCOUVER, BC V6C 1H2, Canada. The mining company's listed phone number is (604) 669-6227 and its investor relations email address is [email protected] The official website for NovaGold Resources is www.novagold.com. Learn More about contacing NovaGold Resources investor relations.