NovaGold Resources Inc

NG-T

TSE:NG

14.99
0.43 (2.79%)
NOVAGOLD is a precious metals company engaged in the development of mineral properties in North America.
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Analysis and Opinions about NG-T

Signal
Opinion
Expert
BUY
BUY
February 12, 2020

He's not a gold bug, but seeks unloved stocks in unloved sectors. Gold has consolidated nicely and made a good technical turn. His #1 gold holding is FNV-T. TGC has the largest undeveloped deposit in the world and in a safe place (Alaska) with a good partner in Barrick. All tailwinds.

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He's not a gold bug, but seeks unloved stocks in unloved sectors. Gold has consolidated nicely and made a good technical turn. His #1 gold holding is FNV-T. TGC has the largest undeveloped deposit in the world and in a safe place (Alaska) with a good partner in Barrick. All tailwinds.

TOP PICK
TOP PICK
January 16, 2020
He is not a gold bug however he is big on structural themes and golds have been making a big turn. It would have the largest new deposit in the world. Theirs is a great asset in a group that is hated. He thinks we are into a reflationary cycle and the golds are set up to perform quite well. (Analysts’ price target is $11.97)
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He is not a gold bug however he is big on structural themes and golds have been making a big turn. It would have the largest new deposit in the world. Theirs is a great asset in a group that is hated. He thinks we are into a reflationary cycle and the golds are set up to perform quite well. (Analysts’ price target is $11.97)
COMMENT
COMMENT
May 12, 2016

Has had a really, really good move in the short term. If you think the gold price is going up 2 years from now, you will be very happy if you bought it today. 3 or 6 months from now you will be somewhat less happy. He owns it because he likes the optionality of the higher gold and copper prices. It is going to be a very, very volatile stock.

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Has had a really, really good move in the short term. If you think the gold price is going up 2 years from now, you will be very happy if you bought it today. 3 or 6 months from now you will be somewhat less happy. He owns it because he likes the optionality of the higher gold and copper prices. It is going to be a very, very volatile stock.

BUY
BUY
March 7, 2016

There are two projects in North Western BC. They will be difficult to build, but have lots of gold and copper. He likes that they know they are an optionality play. They run low G&A. The management knows not to dilute now.

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There are two projects in North Western BC. They will be difficult to build, but have lots of gold and copper. He likes that they know they are an optionality play. They run low G&A. The management knows not to dilute now.

DON'T BUY
DON'T BUY
April 3, 2014

Not a producing company. They have two assets in Canada and have given up on one. They would have to spend $7 Billion. They have a partner that is willing to build the mine with them, but they need higher gold prices. It would be the biggest gold mine in the world. It is not the right project for the current gold environment.

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Not a producing company. They have two assets in Canada and have given up on one. They would have to spend $7 Billion. They have a partner that is willing to build the mine with them, but they need higher gold prices. It would be the biggest gold mine in the world. It is not the right project for the current gold environment.

SELL
SELL
September 13, 2013

This is one of those projects that is lower in grade and requires very large spending capital. In the current environment, lots of the majors are cutting back on capital spending.

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NovaGold Resources Inc (NG-T)
September 13, 2013

This is one of those projects that is lower in grade and requires very large spending capital. In the current environment, lots of the majors are cutting back on capital spending.

COMMENT
COMMENT
December 10, 2012

He is bullish on gold. It needs to break out above $1800 and then we will have a dynamic run on gold to $2000. IF it does not break out and we go back to summer lows, then it will be a bad sign.

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He is bullish on gold. It needs to break out above $1800 and then we will have a dynamic run on gold to $2000. IF it does not break out and we go back to summer lows, then it will be a bad sign.

COMMENT
COMMENT
October 31, 2012

Gold usually does well in the summer, beginning of July, coming into the beginning of October. There can be another period at this time but you have to watch it. Be very careful.

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Gold usually does well in the summer, beginning of July, coming into the beginning of October. There can be another period at this time but you have to watch it. Be very careful.

DON'T BUY
DON'T BUY
August 16, 2012

(Market Call Minute) too high a Cap –X.

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(Market Call Minute) too high a Cap –X.

DON'T BUY
DON'T BUY
July 26, 2012
Hasn't owned this one for 10 years. Always thought the CapX was too high.
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Hasn't owned this one for 10 years. Always thought the CapX was too high.
DON'T BUY
DON'T BUY
July 26, 2012
Chart shows some support at $3.60. If it got down to that level he would get out. For a long-term view, the $6 level is pretty critical and the got to that point, he would buy more. You shouldn't buy any more at this point.
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Chart shows some support at $3.60. If it got down to that level he would get out. For a long-term view, the $6 level is pretty critical and the got to that point, he would buy more. You shouldn't buy any more at this point.
DON'T BUY
DON'T BUY
July 11, 2012
Doesn’t like companies like this that are going to have to raise literally billions of dollars to bring their projects into commercial production.
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Doesn’t like companies like this that are going to have to raise literally billions of dollars to bring their projects into commercial production.
DON'T BUY
DON'T BUY
December 6, 2011
Has been a management shakeup and investing some assets. Will Barrick (ABX-T) take them out? The ducks are lining up to make a thesis. Will be price dependent. He would not invest in anything on the premise that they will be taken out. There are better places to put your money.
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Has been a management shakeup and investing some assets. Will Barrick (ABX-T) take them out? The ducks are lining up to make a thesis. Will be price dependent. He would not invest in anything on the premise that they will be taken out. There are better places to put your money.
DON'T BUY
DON'T BUY
November 8, 2010
Pretty bumpy ride over the last decade. Have been building up mines. Has lots of cash and is well financed. They are continuing to do further feasibility studies. He thinks it is a little expensive.
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Pretty bumpy ride over the last decade. Have been building up mines. Has lots of cash and is well financed. They are continuing to do further feasibility studies. He thinks it is a little expensive.
DON'T BUY
DON'T BUY
July 6, 2010
An “IF” stock that if something happens, will there actually be a mine. 2 potential mines in BC with massive gold deposits but you don't know if they can be economically mined and there's still a lot of permitting.
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An “IF” stock that if something happens, will there actually be a mine. 2 potential mines in BC with massive gold deposits but you don't know if they can be economically mined and there's still a lot of permitting.
Showing 1 to 15 of 48 entries

NovaGold Resources Inc(NG-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for NovaGold Resources Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

NovaGold Resources Inc(NG-T) Frequently Asked Questions

What is NovaGold Resources Inc stock symbol?

NovaGold Resources Inc is a Canadian stock, trading under the symbol NG-T on the Toronto Stock Exchange (NG-CT). It is usually referred to as TSX:NG or NG-T

Is NovaGold Resources Inc a buy or a sell?

In the last year, 1 stock analyst published opinions about NG-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for NovaGold Resources Inc.

Is NovaGold Resources Inc a good investment or a top pick?

NovaGold Resources Inc was recommended as a Top Pick by David Burrows on 2020-02-12. Read the latest stock experts ratings for NovaGold Resources Inc.

Why is NovaGold Resources Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is NovaGold Resources Inc worth watching?

1 stock analyst on Stockchase covered NovaGold Resources Inc In the last year. It is a trending stock that is worth watching.

What is NovaGold Resources Inc stock price?

On 2020-09-21, NovaGold Resources Inc (NG-T) stock closed at a price of $14.99.