NovaGold Resources
About: Novagold Resources Inc operates in the gold mining industry, focused on advancing the Donlin Gold project in Alaska. The Donlin Gold project is held by Donlin Gold LLC (Donlin Gold), a limited liability company owned equally by wholly owned subsidiaries of NOVAGOLD and Barrick Gold Corporation (Barrick). The company includes exploration and development activities of gold and other presious metals.
Employees: 14
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
103% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 40
89% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 19
86% more capital invested
Capital invested by funds: $546M [Q1] → $1.01B (+$468M) [Q2]
37% more call options, than puts
Call options by funds: $1.62M | Put options by funds: $1.18M
33% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 4 (+1) [Q2]
8% more funds holding
Funds holding: 178 [Q1] → 193 (+15) [Q2]
4.89% more ownership
Funds ownership: 55.86% [Q1] → 60.75% (+4.89%) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Citigroup
Alexander Hacking
|
$7
|
Buy
Initiated
|
16 Jul 2025 |
Financial journalist opinion
Based on 3 articles about NG published over the past 30 days