Added to YB: 2026-08-10
Pitch date: 2026-08-06
NG [neutral]
NovaGold Resources Inc.
+3.53%
current return
Author Info
Financial Engineering shares stock pitches in concise 12-page reports. Visit the website.
Company Info
NovaGold Resources Inc. operates in the gold mining industry, focusing on the exploration and development of gold mineral properties in the United States.
Market Cap
CAD 3.0B
Pitch Price
CAD 10.20
Price Target
N/A
Dividend
N/A
EV/EBITDA
-41.35
P/E
-39.76
EV/Sales
N/A
Sector
Metals and Mining
Category
special_situation
Gold Miners I have on the watchlist - NovaGold Resources
NG (watchlist): NovaGold's Donlin Gold, potential largest US gold mine (Alaska, 1M+ oz/yr, ~30yr life). Now 100% owned post backer deal, mcap swells to $4B+ via dilutive raise. Needs ~$10B capex, first gold early 2030s. At $4k/oz, $21B NPV vs $4B equity, but hinges on approvals/costs. Too early, one-asset risk.
Read full article (2 min)