TSE:NG

NovaGold Resources Inc (NG.TO)

9.57
-0.45 (4.49%)
as of Jun 10, 2026, 6:25:11 pm Market Open.
16 watching
0
Investor Insights
star iconJun 9, 2026, 12:00 am

This summary was created by AI, based on 1 opinions in the last 12 months.

NovaGold Resources Inc. (NG-T) is viewed as a high-risk, high-reward investment opportunity, especially for those bullish on gold prices. The company boasts a significant undeveloped gold deposit, which could be lucrative if market conditions are favorable. However, the initial capital requirements to bring this asset into production are substantial. Experts believe that if gold prices remain strong, NovaGold may secure a partnership to move forward with development. Conversely, in a declining gold market, the stock could become a value trap, disappointing investors who expected growth. Overall, the future of NovaGold is largely contingent on the performance of gold prices in the coming years.

consensus icon
Consensus
Mixed
valuation icon
Valuation
Undervalued
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Similar
Barrick,ABX
DON'T BUY
The stock is fully valued. He wouldn't buy because it is fully valued and there is no production upside.
BUY
Have very good targets in North America. Good management.
DON'T BUY
2 participle projects. Is neutral on the company. At best a hold.
BUY
Largest gold producer in Canada. Down significantly because a takeover didn't work out. Has just partnered with Teck Cominco (TCK.B-T) which will help finance a mine.
BUY
Looks fairly strong. In partnership with Teck Cominco (TCK.B-T), so should turn into a very solid producer. Has had a drop, which is a buying opportunity.
HOLD
Barrick made an unsuccessful hostile bid last year. Expect they will come back with a better offer at some point.
BUY
Have 2 very large world-class deposits, a gold one in Alaska and a copper/gold one in British Columbia. Hoping to develop B.C. first and use the cash to develop the Alaskan one. Good management.
HOLD
Hostile takeover bid by Barrick (ABX-T) will probably not be successful and they will have to raise their offer.
TRADE
He believes that this stock is undervalued. Barrick may have to bid higher to obtain company.
TRADE
Novagold has an uphill battle to defeat Barrick's proposal. In the end he believes that Barrick will sweeten the deal.
HOLD
Into silver, copper and gold. Difficult to suggest buying and gold at this high level. Would suggest that they wait for the next correction. They will be coming into production shortly.
PAST TOP PICK
Views them as a take over candidate. He doesn't buy majors, just juniors, but still feels it is a good one to own.
BUY
A prime takeover candidate. It is actively advancing 3 of the largest underdeveloped gold/copper deposits in North America. Just did a recent secondary that will shore them up financially.
TOP PICK
Expects marked increases in mergers and acquisitions in the gold sector, so his Top Picks are based on this. This is his 1st choice. They have 3 of the largest undeveloped gold/copper deposits in North America.
BUY
Nobody is talking about this stock which is a good sign. Has had a good move, but has more room to go.
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