How to buy NovaGold Resources stock | $10.42

NovaGold Resources Inc is a gold business based in the US. NovaGold Resources shares (NG) are listed on the NYSE MKT and all prices are listed in US Dollars. NovaGold Resources employs 12 staff and has a market cap (total outstanding shares value) of USD$3.3 billion.

How to buy shares in NovaGold Resources

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for NovaGold Resources. Find the stock by name or ticker symbol: NG. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until NovaGold Resources reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$10.42, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of NovaGold Resources, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of NovaGold Resources. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

NovaGold Resources share price

Use our graph to track the performance of NG stocks over time.

NovaGold Resources shares at a glance

• Key figures

Information last updated 2020-12-25.

Latest market close	USD$10.42
52-week range	USD$4.65 - USD$12.85
50-day moving average	USD$10.4049
200-day moving average	USD$9.9684
Wall St. target price	USD$7.25
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	USD$-0.081

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Is it a good time to buy NovaGold Resources stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of NovaGold Resources Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

NovaGold Resources price performance over time

Historical closes compared with the close of $10.42 from 2020-12-18

1 week (2021-01-12)	6.76%
1 month (2020-12-18)	10.42
3 months (2020-10-19)	-5.10%
6 months (2020-07-17)	23.75%

1 year (2020-01-17)	19.22%
2 years (2019-01-18)	197.71%
3 years (2018-01-19)	161.81%
5 years (2016-01-19)	194.35%

NovaGold Resources financials

Gross profit TTM	USD$0
Return on assets TTM	-4.58%
Return on equity TTM	-26.49%
Profit margin	0%
Book value	$0.351
Market capitalisation	USD$3.3 billion

TTM: trailing 12 months

Shorting NovaGold Resources shares

There are currently 9.5 million NovaGold Resources shares held short by investors – that's known as NovaGold Resources's "short interest". This figure is 7.7% down from 10.3 million last month.

There are a few different ways that this level of interest in shorting NovaGold Resources shares can be evaluated.

NovaGold Resources's "short interest ratio" (SIR)

NovaGold Resources's "short interest ratio" (SIR) is the quantity of NovaGold Resources shares currently shorted divided by the average quantity of NovaGold Resources shares traded daily (recently around 1.4 million). NovaGold Resources's SIR currently stands at 6.88. In other words for every 100,000 NovaGold Resources shares traded daily on the market, roughly 6880 shares are currently held short.

However NovaGold Resources's short interest can also be evaluated against the total number of NovaGold Resources shares, or, against the total number of tradable NovaGold Resources shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case NovaGold Resources's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 NovaGold Resources shares in existence, roughly 30 shares are currently held short) or 0.0393% of the tradable shares (for every 100,000 tradable NovaGold Resources shares, roughly 39 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against NovaGold Resources.

Find out more about how you can short NovaGold Resources stock.

NovaGold Resources share dividends

We're not expecting NovaGold Resources to pay a dividend over the next 12 months.

NovaGold Resources share price volatility

Over the last 12 months, NovaGold Resources's shares have ranged in value from as little as $4.65 up to $12.85. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE MKT average) beta is 1, while NovaGold Resources's is 0.3775. This would suggest that NovaGold Resources's shares are less volatile than average (for this exchange).

NovaGold Resources overview

NovaGold Resources Inc. primarily explores for and develops gold mineral properties in the United States. Its principal asset is the 50% interest owned Donlin Gold project consisting of 493 mining claims covering an area of 71,420 acres 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 founded in 1984 and is based in Vancouver, Canada.

Frequently asked questions

• What percentage of NovaGold Resources is owned by insiders or institutions?

  Currently 27.068% of NovaGold Resources shares are held by insiders and 55.625% by institutions.

• How many people work for NovaGold Resources?

  Latest data suggests 12 work at NovaGold Resources.

• When does the fiscal year end for NovaGold Resources?

  NovaGold Resources's fiscal year ends in November.

• Where is NovaGold Resources based?

  NovaGold Resources's address is: 400 Burrard Street, Vancouver, BC, Canada, V6C 3A6

• What is NovaGold Resources's ISIN number?

  NovaGold Resources's international securities identification number is: CA66987E2069

• What is NovaGold Resources's CUSIP number?

  NovaGold Resources's Committee on Uniform Securities Identification Procedures number is: 66987E206