NovaGold Resources
About: Novagold Resources Inc operates in the gold mining industry, focused on advancing the Donlin Gold project in Alaska. The Donlin Gold project is held by Donlin Gold LLC (Donlin Gold), a limited liability company owned equally by wholly owned subsidiaries of NOVAGOLD and Barrick Gold Corporation (Barrick). The company includes exploration and development activities of gold and other presious metals.
Employees: 14
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
85% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 13
5% more funds holding
Funds holding: 170 [Q4 2024] → 178 (+8) [Q1 2025]
7% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 54
0% more funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 3 (+0) [Q1 2025]
1.84% less ownership
Funds ownership: 57.7% [Q4 2024] → 55.86% (-1.84%) [Q1 2025]
15% less capital invested
Capital invested by funds: $644M [Q4 2024] → $546M (-$97.7M) [Q1 2025]
36% less call options, than puts
Call options by funds: $481K | Put options by funds: $748K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$7
58%
upside
Avg. target
$7
58%
upside
High target
$7
58%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
RBC Capital Michael Siperco | 58%upside $7 | Outperform Upgraded | 4 Jun 2025 |
Financial journalist opinion
Based on 4 articles about NG published over the past 30 days
Neutral
GlobeNewsWire
2 days ago
SAVE THE DATE: NOVAGOLD 2025 Second Quarter Report, Conference Call and Video Webcast
VANCOUVER, British Columbia, June 13, 2025 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or “the Company” (NYSE American, TSX: NG) will release its 2025 second quarter report before market open on June 25, 2025, followed by a conference call and video webcast to discuss the results at 8:00 am PT (9:00 am MT/11:00 am ET).
Neutral
GlobeNewsWire
1 week ago
NOVAGOLD Announces Full Exercise and Closing of Underwriters' Option
All amounts are in U.S. dollars unless otherwise stated VANCOUVER, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or “the Company”) (NYSE American, TSX: NG) announces the full exercise and closing of the underwriters' option to purchase an additional 7,177,500 of our common shares at the public offering price of $3.75 per common share, less underwriting discounts and offering expenses.
Neutral
GlobeNewsWire
1 week ago
NOVAGOLD and Paulson Advisers Complete $1 Billion Acquisition of Barrick Mining's 50% Interest in Donlin Gold
Paulson Advisers acquires a 40% ownership interest in Donlin Gold NOVAGOLD increases ownership interest in Donlin Gold from 50% to 60% Financial public offering and concurrent private placement raised sufficient funding for NOVAGOLD's acquisition and for the Donlin Gold Feasibility Study update All amounts are in U.S. dollars unless otherwise stated VANCOUVER, British Columbia, June 03, 2025 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD”) (NYSE American, TSX: NG) and Paulson Advisers LLC (“Paulson”) are pleased to announce the successful closing of their previously disclosed acquisition of Barrick Mining Corporation's ("Barrick's") 50% interest in the Donlin Gold project, establishing new ownership of Donlin Gold LLC to advance the Donlin Gold project in Alaska.
Neutral
GlobeNewsWire
3 weeks ago
NOVAGOLD Announces Election of Directors and Voting Results from 2025 Virtual Annual General Meeting of Shareholders
VANCOUVER, British Columbia, May 20, 2025 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) is pleased to announce the detailed voting results on the items of business considered at its Annual General Meeting of Shareholders held on May 15, 2025 (the “Meeting”). All proposals were approved and all director nominees were elected. A total of 275,809,182 or 82.41% of the Company's issued and outstanding shares were represented at the Meeting.
Positive
24/7 Wall Street
1 month ago
These Insiders Are Scooping Up Shares Now
Insider buying has been fairly slow since the beginning of the month, due largely to the current first-quarter earnings reporting season.
Neutral
GlobeNewsWire
1 month ago
NOVAGOLD Closes $179 Million Underwritten Upsized Public Offering of Common Shares
All amounts are in U.S. dollars unless otherwise stated VANCOUVER, British Columbia, May 09, 2025 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or “the Company”) (NYSE American, TSX: NG) closed its previously announced upsized public offering of 47,850,000 common shares of NOVAGOLD at a price to the public of $3.75 per share.
Neutral
GlobeNewsWire
1 month ago
NOVAGOLD Prices $179 Million Underwritten Upsized Public Offering of Common Shares
All amounts are in U.S. dollars unless otherwise stated
Neutral
GlobeNewsWire
1 month ago
NOVAGOLD Announces Proposed Public Offering of Common Shares
All amounts are in U.S. dollars unless otherwise stated
Positive
MarketBeat
1 month ago
Analysts See $4,000 Gold: 3 Ways to Invest at Varied Risk Levels
Despite gold hitting its huge milestone of $3,000 per ounce, several analysts are calling for gold to hit an even more monumental level: $4,000. Analysts at JPMorgan and Goldman Sachs see gold getting to $4,000 by mid-2026.
Neutral
Kitco
1 month ago
Barrick sells its 50% stake in Alaska's Donlin project for $1 billion
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
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