NG Stock Summary and Trading Ideas (Novagold Resources | AMEX:NG)

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 precious metals.

Novagold Resources trades on the AMEX stock market under the symbol NG.

As of October 1, 2026, NG stock price declined to $6.42 with 4,444,914 million shares trading.

NG has a beta of 3.21, meaning it tends to be more sensitive to market movements. NG has a correlation of 0.23 to the broad based SPY ETF.

NG has a market cap of $2.82 billion. This is considered a Mid Cap stock.

In the last 3 years, NG traded as high as $14.40 and as low as $2.23.

The top ETF exchange traded funds that NG belongs to (by Net Assets): IWM, GDXJ, IWO, VTWO, VTWG.

NG has underperformed the market in the last year with a price return of -27.0% while the SPY ETF gained +15.8%. However, in the short term, NG had mixed performance relative to the market. It has outperformed in the last 3 months, returning +7.5% vs +2.6% return in SPY. But in the last 2 weeks, NG shares have been beat by the market, returning -8.2% compared to an SPY return of +1.6%.

NG support price is $6.23 and resistance is $6.77 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NG shares will trade within this expected range on the day.