NovaGold Resources
About: Novagold Resources Inc is a mineral exploration company engaged in the exploration and development of mineral properties. The company owns 50% of the Donlin Gold project, which is located in southwestern Alaska, approximately 20 kilometers north of the village of Crooked Creek on the Kuskokwim River.
Employees: 13
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
29% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 49
17% more capital invested
Capital invested by funds: $560M [Q1] → $657M (+$97.2M) [Q2]
0.9% more ownership
Funds ownership: 55.72% [Q1] → 56.62% (+0.9%) [Q2]
5% less funds holding
Funds holding: 185 [Q1] → 175 (-10) [Q2]
25% less funds holding in top 10
Funds holding in top 10: 4 [Q1] → 3 (-1) [Q2]
32% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 31
51% less call options, than puts
Call options by funds: $775K | Put options by funds: $1.6M
Research analyst outlook
We haven’t received any recent analyst ratings for NG.
Financial journalist opinion
Based on 4 articles about NG published over the past 30 days