NG — NovaGold Resources Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates NG Bullish with a Setup Score of 42, net conviction 29, actionability 61. How the Setup Score works →

Total Setup Score42
Directional BiasBullish
Net Conviction29
Actionability61 (in range)

Key signals behind this score

About NovaGold Resources Inc

NovaGold Resources Inc. operates in the gold mining industry, focusing on the exploration and development of gold mineral properties in the United States. The company's principal asset owns 60% interest in the Donlin Gold project consisting of 493 mining claims covering an area of approximately 29,008 hectares located in the Kuskokwim and Mt. McKinley Recording Districts. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$5.97
Market Cap$2.68B
Float310.2M
Shares Outstanding438.8M
P/E (Forward)4.90
Price/Sales (TTM)3,615.48
vs. Analyst Target+126.0% to analyst PT
Dividend RateNone
Analyst Target Price$13.49 (8 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 N/A -$34.8M -$7,262 -$14.3M
2021 N/A -$39.8M -$6,864 -$17.5M
2022 N/A -$51.5M -$6,753 -$16.6M
2023 N/A -$46.8M -$10,000 -$40.3M
2024 N/A -$44.4M -$21,399 -$29.3M
2025 N/A -$94.7M -$25,378 -$79.0M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Aug 2025 N/A -$15.6M
Nov 2025 N/A -$14.5M
Feb 2026 N/A -$15.4M
May 2026 N/A -$25.5M

Ownership & Float

Insider Ownership1.3%
Institutional Ownership79.1%
Short Float4.9%
% of All Funds Holding2.88%
Number of Funds Holding237

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$7.45Near-term / short-term trend
Weekly40-Week SMA$9.05Medium-term trend
Weekly80-Week SMA$6.77Cyclical trend (business cycle)
Weekly200-Week SMA$5.29Secular trend (multi-year)
Monthly10-Month SMA$8.74Near-term monthly trend
Monthly20-Month SMA$6.63Medium-term monthly trend
Monthly40-Month SMA$5.24Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$8.40 resistance 1.22x 0 months ago
$13.50 resistance 1.22x 3 months ago
$4.20 support 1.18x 11 months ago
$3.00 support 2.77x 14 months ago

Historical Earnings Reactions (89 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap -0.20% 0.00% 44.94% 6.32% -7.26%
1 Day -0.29% -0.82% 42.70% 13.08% -13.33%
1 Week 0.62% -0.41% 47.19% 39.80% -27.60%
2 Weeks 1.92% 0.00% 49.44% 48.42% -31.39%
1 Month 2.52% 0.29% 51.14% 52.73% -36.79%

Next earnings: September 30, 2026 (80 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan9.2%39.1%23
Feb2.4%43.5%23
Mar-1.3%47.8%23
Apr1.9%34.8%23
May1.8%47.8%23
Jun-2.7%34.8%23
Jul5.5%50.0%22
Aug2.0%45.5%22
Sep1.3%54.5%22
Oct-1.3%45.5%22
Nov1.3%59.1%22
Dec7.4%54.5%22

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.10% 46.3% 1064
Tuesday 0.21% 50.0% 1167
Wednesday 0.27% 50.7% 1167
Thursday -0.12% 45.5% 1143
Friday 0.22% 50.6% 1138

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 79.1%

Insider Transactions — Smart Summary

Total insider ownership: 1.3%

12-Month Insider Activity Summary

Total Filings4
Net Value+N/A
Net Shares Change32,172
% of Float0.0%
C-Suite Filings0
Clusters Detected1

Key Insiders

NameTitleNet ValueFilingsActivity
Muniz Quintanilla Daniel +$200,881.8 1 1 buy
Whittaker Dawn Patricia +$37,440 1 1 buy
Schutt Ethan +$19,999.52 1 1 buy
Dorward-King Elaine J -$120.84 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2026-01-29 – 2026-02-10 3 3 +$238,200.96

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-02-10 Muniz Quintanilla Daniel +$200,881.8 Transaction at $8.94, now -33.2%
2026-02-06 Whittaker Dawn Patricia +$37,440 Transaction at $9.36, now -36.2%
2025-07-29 Schutt Ethan +$19,999.52 Transaction at $5.23, now +14.1%
2026-01-29 Dorward-King Elaine J -$120.84 Transaction at $10.30, now -42.0%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for NovaGold Resources Inc (NG) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for NG on Trend Edge →