- ISIN
- CA66987E2069
- Sector
- Basic Materials
- Industry
- Gold
- IPO Date
- Dec 4, 2003
Highlights
- Market Cap
- $3.14B
- Enterprise Value
- $3.12B
- EPS (TTM)
- -$0.25
- Gross Profit (TTM)
- -$19.45K
- EBITDA (TTM)
- -$56.72M
- Year Range
- $3.61 - $14.40
- Target Price
- $5.25
- ROA (TTM)
- -611.05%
Share Price Chart
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Performance
NG Performance Chart
NovaGold Resources Inc. (NG) is down 18.9% since the beginning of the year. At $8 per share, NG is trading 47.5% below its 52-week high of $14. Investors who bought $1,000 worth of NG shares 5 years ago would now be looking at an investment worth $912.
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Returns By Period
NovaGold Resources Inc. (NG) has returned -18.88% so far this year and 82.61% over the past 12 months. Over the last ten years, NG has returned 1.68% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
NovaGold Resources Inc.
- 1D
- -3.08%
- 1M
- -2.20%
- YTD
- -18.88%
- 6M
- -25.00%
- 1Y
- 82.61%
- 3Y*
- 18.18%
- 5Y*
- -1.83%
- 10Y*
- 1.68%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
NG Monthly Returns History
Based on dividend-adjusted daily data since Dec 4, 2003, NG's average daily return is +0.10%, while the average monthly return is +2.38%. At this rate, an investment would double in approximately 2.5 years.
Historically, 46% of months were positive and 54% were negative. The best month was Dec 2008 with a return of +157.9%, while the worst month was Nov 2008 at -79.7%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.
On a daily basis, NG closed higher 49% of trading days. The best single day was Dec 15, 2008 with a return of +74.0%, while the worst single day was Nov 24, 2008 at -65.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -6.33% | 52.58% | -32.58% | -10.24% | 6.33% | -11.79% | -18.88% | ||||||
| 2025 | -6.01% | -4.15% | -2.67% | 44.86% | -15.37% | 14.25% | 26.89% | 31.79% | 28.65% | -5.80% | 22.92% | -8.54% | 179.88% |
| 2024 | -31.55% | -3.13% | 20.97% | -3.33% | 35.52% | -11.96% | 38.15% | -11.09% | -3.53% | -15.61% | 5.78% | -9.02% | -10.96% |
| 2023 | 5.52% | -11.41% | 11.27% | -12.54% | -5.33% | -22.52% | 13.03% | -8.65% | -6.80% | -8.33% | 19.32% | -10.95% | -37.46% |
| 2022 | -3.79% | 5.76% | 10.74% | -19.53% | -10.13% | -13.95% | 1.46% | -9.22% | 5.87% | -1.28% | 24.62% | 3.64% | -12.83% |
| 2021 | -5.69% | -8.44% | 4.91% | 2.63% | 14.13% | -21.93% | -2.37% | -7.54% | -4.84% | 6.25% | -7.66% | 1.63% | -29.06% |
Benchmark Metrics
NovaGold Resources Inc. has an annualized alpha of 21.81%, beta of 0.62, and R2 of 0.03 versus S&P 500 Index. Calculated based on daily prices since December 04, 2003.
- This stock participated in 138.55% of S&P 500 Index downside but only 112.26% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.62 may look defensive, but with R2 of 0.03 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
- R2 of 0.03 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 21.81%
- Beta
- 0.62
- R²
- 0.03
- Upside Capture
- 112.26%
- Downside Capture
- 138.55%
Return for Risk
Risk / Return Rank
NG ranks 72 for risk / return — better than 72% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for NovaGold Resources Inc. (NG) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NG | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.91 | ||
| Sortino ratioReturn per unit of downside risk | -1.01 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.37 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.59 | 2.78 | -1.19 |
| Martin ratioReturn relative to average drawdown | 3.61 | 12.44 | -8.83 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the NovaGold Resources Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the NovaGold Resources Inc. was 97.85%, occurring on Dec 2, 2008. The portfolio has not yet recovered.
The current NovaGold Resources Inc. drawdown is 55.75%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -97.85%Dec 2008 | 1y 21d | — | 18y 7moNov 2007 - now |
2004 bear market2004 | -42.01%May 2004 | 3mo 22d | 4mo 13d | 8mo 5dJan 2004 - Sep 2004 |
2006 bear market2006 | -35.40%Jun 2006 | 1mo 11d | 1mo 13d | 2mo 24dMay 2006 - Jul 2006 |
2005 bear market2005 | -28.87%Aug 2005 | 6mo 7d | 4mo 12d | 10mo 19dFeb 2005 - Jan 2006 |
2007 bear market2007 | -23.92%May 2007 | 8mo 14d | 4mo 26d | 1y 1moSep 2006 - Oct 2007 |
Drawdown Indicators
| NG | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.85% | -56.78% | -41.07% |
Max Drawdown (1Y)Largest decline over 1 year | -52.11% | -9.10% | -43.01% |
Max Drawdown (3Y)Largest decline over 3 years | -52.30% | -18.90% | -33.40% |
Max Drawdown (5Y)Largest decline over 5 years | -73.33% | -25.43% | -47.90% |
Max Drawdown (10Y)Largest decline over 10 years | -81.22% | -33.92% | -47.30% |
Current DrawdownCurrent decline from peak | -55.75% | -1.80% | -53.95% |
Average DrawdownAverage peak-to-trough decline | -58.02% | -10.71% | -47.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.98% | 2.03% | +20.95% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Financials
Financial Performance
The chart below illustrates the trends in the financial health of NovaGold Resources Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.
Valuation
The Valuation section provides an overview of how NovaGold Resources Inc. is priced in the market compared to other companies in the Gold industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
Income Statement
| TTM | |
|---|---|
Revenue | — |
Total Revenue | — |
Cost Of Revenue | — |
Gross Profit | — |
Operating Expenses | — |
Selling, General & Admin Expenses | — |
R&D Expenses | — |
Depreciation And Amortization | — |
Total Operating Expenses | — |
Income | — |
Income Before Tax | — |
Operating Income | — |
EBITDA | — |
EBIT | — |
Earnings From Continuing Operations | — |
Net Income | — |
Income Tax Expense | — |
Other Non-Operating Income (Expenses) | — |
Extraordinary Items | — |
Discontinued Operations | — |
Effect Of Accounting Charges | — |
Non Recurring | — |
Minority Interest | — |
Other Items | — |
Interest Income | — |
Interest Expense | — |
Net Interest Income | — |
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