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
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
543% more call options, than puts
Call options by funds: $1.93M | Put options by funds: $301K
44% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 43
0.99% more ownership
Funds ownership: 56.74% [Q3] → 57.72% (+0.99%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 3 (+0) [Q4]
7% less funds holding
Funds holding: 182 [Q3] → 170 (-12) [Q4]
17% less capital invested
Capital invested by funds: $775M [Q3] → $644M (-$131M) [Q4]
43% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 21
Research analyst outlook
We haven’t received any recent analyst ratings for NG.
Financial journalist opinion
Based on 5 articles about NG published over the past 30 days
Neutral
Kitco
1 day ago
Barrick sells its 50% stake in Alaska's Donlin project for $1 billion
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Positive
Proactive Investors
1 day ago
Barrick Gold offloads Donlin stake for $1B, surprising analysts with strong sale price
Barrick Gold Corp. (TSX:ABX, NYSE:GOLD) is selling its 50% stake in the Donlin Gold Project for $1 billion, a move that Jefferies analysts describe as a significant strategic win. The deal involves Barrick selling its stake to affiliates of Paulson Advisers LLC and NOVAGOLD Resources, who will acquire 80% and 20% of the project, respectively.
Neutral
GlobeNewsWire
1 day ago
NOVAGOLD and Paulson Advisers Announce $1 Billion Transaction to Acquire 50% of the Donlin Gold Project From Barrick
Paulson Advisers will acquire a 40% ownership interest in Donlin Gold NOVAGOLD will increase its ownership interest in Donlin Gold from 50% to 60% Donlin Gold to be managed jointly by NOVAGOLD and Paulson to advance the project New partnership will shift focus immediately to updating the Feasibility Study 2025 exploration to pivot toward reserves and resources conversion and expansion All amounts are in U.S. dollars unless otherwise stated VANCOUVER, British Columbia, April 22, 2025 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD”) (NYSE American, TSX: NG) and Paulson Advisers LLC (“Paulson”) are pleased to announce that they have entered into a definitive agreement with Barrick Gold Corporation (“Barrick”) to acquire Barrick's 50% interest in Donlin Gold LLC for $1.0 billion in cash — creating a new partnership between NOVAGOLD and Paulson to develop the Donlin Gold project in Alaska.
Positive
Reuters
1 day ago
Barrick Gold to sell Alaska mine stake to John Paulson, NovaGold for $1.1 billion
Canada's Barrick Gold said on Tuesday it will exit the Donlin Gold Project in Alaska by selling its 50% stake to billionaire John Paulson and NovaGold Resources for up to $1.1 billion.
Neutral
Seeking Alpha
3 weeks ago
NovaGold Resources Inc. (NG) Q1 2025 Earnings Call Transcript
NovaGold Resources Inc. (NYSE:NG ) Q1 2025 Earnings Conference Call April 1, 2025 11:00 AM ET Company Participants Melanie Hennessey - VP, Corporate Communications Greg Lang - President and CEO Peter Adamek - VP and CFO Conference Call Participants Fedor Shabalin - B. Riley Rabi Nizami - National Bank Financial Operator Thank you for standing by.
Positive
Seeking Alpha
2 months ago
Undercovered Dozen: Celanese, NovaGold Resources, Granite Ridge, Plains GP +
The 'Undercovered' Dozen series highlights 12 lesser-covered stocks, offering fresh investment ideas and fostering discussion among investors. Standout stocks include Byrna Technologies, Granite Ridge Resources, and Centrus Energy, each with unique growth potential and strategic advantages. Applied Materials and Dun & Bradstreet present attractive long-term opportunities, despite recent market reactions and takeover rumors.
Positive
Seeking Alpha
2 months ago
Exploration Stocks Like NovaGold Are Overdue To Spike Higher
Gold miners have barely kept pace with physical bullion's 40%+ gain since late 2023, with many exploration names actually declining despite NPVs racing higher. North American retail/institutional investors have not joined the precious metals rally in early 2025, leading to outflows from gold ETFs and mutual funds. NovaGold Resources remains undervalued, with extraordinary upside potential if gold continues to rise, making it an attractive speculative investment.
Neutral
Seeking Alpha
2 months ago
NovaGold Resources Inc. (NG) Q4 2024 Earnings Call Transcript
Start Time: 11:00 End Time: 11:32 November 1, 0000 ET Q4 2024 Earnings Conference Call January 23, 2025, 11:00 AM ET Company Participants Gregory Lang - President and CEO Peter Adamek - VP and CFO Melanie Hennessey - VP, Corporate Communications Conference Call Participants Nick Giles - B. Riley Securities Operator Thank you for standing by.
Neutral
GlobeNewsWire
2 months ago
NOVAGOLD Files Year-End 2024 Report with Strong Treasury to Fund Key Activities for Long-Term Value Creation
VANCOUVER, British Columbia, Jan. 23, 2025 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or “the Company”) (NYSE American, TSX: NG) today filed its 2024 fiscal year-end report and provided an update on its Tier One1 gold development project, Donlin Gold, which NOVAGOLD owns equally with Barrick Gold Corporation (“Barrick”).
Neutral
GlobeNewsWire
3 months ago
SAVE THE DATE: NOVAGOLD 2024 Year-End Report, Conference Call and Video Webcast
VANCOUVER, British Columbia, Jan. 09, 2025 (GLOBE NEWSWIRE) -- NOVAGOLD RESOURCES INC. (“NOVAGOLD” or “the Company” (NYSE American, TSX: NG) will release its 2024 year-end report before market open on January 23, 2025, followed by a conference call and video webcast to discuss these results at 8:00 am PT (9:00 am MT/11:00 am ET).
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