NG Analyst Ratings
NovaGold Resources Inc. (NG) operates in the Basic Materials sector, specifically the Gold industry, with a market capitalization near $3.98B, listed on AMEX, employing roughly 14 people, carrying a beta of 2.10 to the broader market. NovaGold Resources Inc. Led by Gregory A. Lang, public since 2003-12-04.
Consensus: Mixed from 0 analysts.
Price Targets
- Average Target
- $13.40
- High
- $13.80
- Low
- $13.00
Recent Upgrades & Downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Mar 19, 2026 | RBC Capital | maintain | Outperform | Outperform |
| Jan 27, 2026 | B. Riley Securities | maintain | Buy | Buy |
| Oct 15, 2025 | Citigroup | maintain | Buy | Buy |
| Sep 30, 2025 | B. Riley Securities | maintain | Buy | Buy |
| Jun 4, 2025 | RBC Capital | upgrade | Sector Perform | Outperform |
How to Read NG Analyst Coverage
Sell-side equity analysts publish three primary outputs: ratings (Strong Buy / Buy / Hold / Sell / Strong Sell, or firm-specific equivalents), price targets, and EPS / revenue estimate revisions. Rating consensus moves slowly relative to price; it reflects 12-month directional conviction rather than near-term momentum. Price targets are more responsive but typically drift behind realized price during sharp moves. The most actionable signal for options traders is a cluster of ratings actions across multiple firms within a short window, which compresses or expands implied volatility on a horizon of days to weeks and shifts the put-call skew toward the directional consensus. The recent-actions table above shows the five most recent firm-level changes; longer histories live behind aggregator sources.
For event-driven options sizing, pair the consensus rating and target distribution with the implied-volatility surface and dealer-positioning view. Aggressive target hikes from multiple firms tend to tighten put skew (downside protection becomes relatively cheaper); aggressive cuts widen put skew. The size of the IV response in the hours after a rating change is visible on the per-ticker volatility skew page and the gamma-exposure page, both of which show how dealer hedging propagates the analyst-driven flow into the listed options chain.
Learn how analyst ratings is reported and how to read the data →
Frequently asked NG analyst ratings questions
- What is the NG consensus price target?
- As of the latest aggregator update, NovaGold Resources Inc. (NG) carries a consensus 12-month price target of $13.40. Target ranges run from a low of $13.00 to a high of $13.80. The target is the average of the price targets published by sell-side equity analysts covering the name.
- What is the analyst rating consensus on NG?
- Analyst rating consensus is not currently available for NG.
- What recent ratings actions has NG seen?
- The five most recent ratings actions on NG appear on the page above. Sell-side rating changes are watched for two reasons: an upgrade or downgrade with a meaningful target revision moves the consensus and can trigger short-term positioning shifts, and the firm-level rating cluster (multiple firms moving in the same direction within a short window) is a clearer signal than any single action. Options markets often price the implied-vol response within minutes of the announcement.
- How do analyst targets affect NG options pricing?
- Analyst target revisions tend to be priced in by the lit options market within minutes of publication, but persistent target drift over weeks does correlate with implied-volatility movement. Aggressive target hikes from multiple firms inside a single quarter tighten put skew (downside protection becomes cheaper relative to upside speculation); aggressive cuts widen put skew. The most actionable read is the implied-vol response in the hours after a target change, which is visible on the per-ticker volatility skew page.