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2.23 (1y: -62%)
Market Cap 696.63 M P/E(ttm)
Enterprise Value 558.21 M P/B
NG- AMEX (USA)
Novagold Resources, Inc.
Not Rated
Top Ranked Predictable Companies
$2.23
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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength

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history
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth

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» NG's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

NG Guru Trades in Q2 2012

Steven Cohen 135,909 sh (+2564.88%)
Seth Klarman 16,000,000 sh (+60%)
John Paulson 35,970,518 sh (+12.63%)
Murray Stahl 694,720 sh (+0.56%)
John Griffin Sold Out
Louis Moore Bacon 105,000 sh (-63.16%)
» More
Q3 2012

NG Guru Trades in Q3 2012

Steven Cohen 393,375 sh (+189.44%)
Seth Klarman 21,000,000 sh (+31.25%)
John Paulson 35,970,518 sh (unchged)
Louis Moore Bacon Sold Out
Murray Stahl 677,971 sh (-2.41%)
» More
Q4 2012

NG Guru Trades in Q4 2012

Jim Simons 2,681,600 sh (New)
Seth Klarman 21,688,300 sh (+3.28%)
John Paulson 35,970,518 sh (unchged)
Murray Stahl 662,172 sh (-2.33%)
Steven Cohen 108,955 sh (-72.3%)
» More
Q1 2013

NG Guru Trades in Q1 2013

Seth Klarman 21,688,300 sh (unchged)
Steven Cohen Sold Out
John Paulson 35,933,514 sh (-0.1%)
Murray Stahl 598,361 sh (-9.64%)
Jim Simons 1,595,500 sh (-40.5%)
» More
» Details

Insider Trades

Latest Guru Trades with NG

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Seth Klarman 2012-09-30 Add 31.25%0.86%$3.69 - $6.19 $ 2.23-56%21000000
Seth Klarman 2012-06-30 Add 60%0.83%$5.07 - $7.22 $ 2.23-64%16000000
John Griffin 2012-06-30 Sold Out 0.43%$5.07 - $7.22 $ 2.23-64%0
John Paulson 2012-06-30 Add 12.63%0.18%$5.07 - $7.22 $ 2.23-64%35970518
Seth Klarman 2012-03-31 Add 33.94%0.61%$6.74 - $10.66 $ 2.23-72%10000000
John Griffin 2012-03-31 Reduce -50%0.6%$6.74 - $10.66 $ 2.23-72%3597500
John Paulson 2012-03-31 Add 39.13%0.42%$6.74 - $10.66 $ 2.23-72%31937018
Seth Klarman 2011-12-31 Add 49.33%0.63%$6.19 - $11.49 $ 2.23-75%7466275
John Paulson 2011-12-31 Add 13.59%0.17%$6.19 - $11.49 $ 2.23-75%22954818
Seth Klarman 2011-09-30 New Buy1.07%$6.66 - $11.22 $ 2.23-76%5000000
George Soros 2011-06-30 Sold Out $8.62 - $13.79 $ 2.23-80%0
George Soros 2011-03-31 Reduce -72.94%1.46%$12.16 - $14.8 $ 2.23-84%3492100
John Griffin 2011-03-31 Add 86.4%0.73%$12.16 - $14.8 $ 2.23-84%7195000
John Griffin 2010-12-31 New Buy0.84%$8.61 - $16.19 $ 2.23-82%3860000
George Soros 2010-06-30 Reduce -30.99%0.84%$6.6 - $8.99 $ 2.23-70%12905142
George Soros 2010-03-31 Add 435.82%1.61%$5.26 - $7.76 $ 2.23-65%18700164
John Paulson 2010-03-31 New Buy0.68%$5.26 - $7.76 $ 2.23-65%20181818
Premium More recent guru trades are included for Premium Members only!!

Top Ranked Articles about Novagold Resources, Inc.

118 Metals and Mining Companies at 52-Week Low
April 22, 2013
Seth Klarman,Chuck Royce - 118 Metals And Mining Companies At 52-Week Low
The GuruFocus 52-week low screener reveals that 118 companies in Metals and Mining are at a 52-week low, five companies are at a 52-week high and the low/high ratio is 23.6. Read more...
Gurus on Gold and All That Glitters
March 30, 2013
What are some of the top investor Gurus doing in the long gold slump, while analysts are saying the future belongs to silver? With legendary hedge fund Guru John Paulson’s Gold Fund down 26% this year, Paulson has maintained a long-term “quantitative easing” outlook; meanwhile, Guru Seth Klarman claims a stake in Alaska’s Donlin Creek area companies, where some of the world’s largest gold deposits rest undeveloped. Novagold Resources (NG) and its spin-off NovaCopper (NCQ) are on the buy list of both John Paulson and Seth Klarman. In fact, Guru John Paulson’s largest position is 35,970518 shares of Novagold Resources (NG). He also holds 5,921,607 shares of its spin-off NovaCopper (NCQ). Read more...
John Paulson’s Gold Fund - The Midas Touch?
March 22, 2013
John Paulson - John Paulson’s Gold Fund - The Midas Touch?
Since 2009, legendary hedge fund Guru John Paulson, founder of Paulson & Company, has been investing in the gold sector, adding gold mining and bullion-related companies. In 2010, he launched the Paulson Gold Fund, his best-performing fund that year, increasing 35% net. Paulson & Company attributed that year’s high return to its “exposure to production, development, exploration gold mining shares and the rising value of derivatives.” As the price of gold was peaking at $1424 in December 2010, Paulson’s investment made $5 billion. It wasn’t until the first quarter of 2011 the Gold Fund began to lose, down 1.26%. Currently, with gold prices falling for five months, Paulson’s $900 million Gold Fund is down 26% this year, based on the longest gold slump in 16 years, according to Bloomberg. Read more...
Seth Klarman - Keeps Buying Alaska Copper and Gold
March 21, 2013
Seth Klarman - Seth Klarman - Keeps Buying Alaska Copper And Gold
"Investing is the intersection of economics and psychology,” according to Guru Seth Klarman, legendary value investor of The Baupost Group, and there is no more exciting theater for both than that of a possible gold rush, well-known in Alaskan history. Klarman is investing in companies that own and know Alaska’s Donlin Creek area, one of the largest known undeveloped gold deposits in the world. Novagold Resources (NG) and its spinoff NovaCopper (NCQ) are on his buy list. Read more...
What Guru Investors Are Doing with Gold, and Why
February 28, 2013
George Soros,John Paulson,Steven Mandel,Jeremy Gra - What Guru Investors Are Doing With Gold, And Why
As gold rallied again in the fourth quarter, several Gurus who had tremendous holdings in the metal began unloading, namely macroeconomic trader George Soros and Lone Pine’s Steve Mandel. John Paulson chose to maintain his position. Both Soros and Paulson have read economic signs and traded at just the right times to reap profits and avoid losses on gold in the past, adding significance to their recent decisions. Read more...
Seth Klarman Buys Rovi Corp, Novagold, Idenix Pharmaceuticals, Sells Hewlett-packard, Microsoft and Hess
November 13, 2012
Seth Klarman - Seth Klarman Buys Rovi Corp, Novagold, Idenix Pharmaceuticals, Sells Hewlett-packard, Microsoft And Hess
Renowned value investor Seth Klarman just reported his third quarter portfolio. He bought into one new position, Rovi Corp (ROVI), and added to his positions in Novagold Resources, Inc., Idenix Pharmaceuticals, Inc., Viasat Inc, Novacopper Inc, Idenix Pharmaceuticals, Inc. He sells Hewlett-packard Co, Microsoft Corporation, Hess Corp. Seth Klarman’s has generated great track record, according to many value investors. That made his fund one of the largest hedge funds in the world. He was said to invest in a lot of non-conventional investments like forest, land, real estate etc. In stock investing, he tend to buy beaten down companies that are under distress. Read more...
Weekly Guru Bargains Highlights: NG, BTU, PAAS, LXK, FCN
June 2, 2012
According to GuruFocus updates, these stocks have declined the most since Gurus have bought. Read more...

Ratios

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EV-to-EBIT 8.9
NG's EV-to-EBIT is ranked lower than
289017% of the 346 Companies
in the Global Gold industry.

( Industry Median: 11.78 vs. NG: 8.9 )
NG' s 10-Year EV-to-EBIT Range
Min: 0   Max: 0
Current: 8.9

Valuation & Return

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history

Business Description

NovaGold Resources Inc. was incorporated by memorandum of association on December 5, 1984, under the Companies Act (Nova Scotia) as 1562756 Nova Scotia Limited. On January 14, 1985, the Company changed its name to NovaCan Mining Resources (l985) Limited and on March 20, 1987, the Company changed its name to NovaGold Resources Inc. It operates as a precious metals company engaged in the exploration and development of mineral properties in Alaska and British Columbia. The Company conducts its operations through wholly-owned subsidiaries, partnerships, limited liability companies and joint ventures. Since 1998, the Company has assembled a portfolio of gold and base metal properties. The Company is mainly focused on gold properties, some of which also have significant copper and silver resources. The Company's portfolio of properties includes: Donlin Creek, a feasibility stage project located in Alaska (Donlin Creek) held by a limited liability company that is owned 50% by the Company and 50% by Barrick Gold U.S. Inc., a subsidiary of Barrick Gold Corporation (together Barrick), is one of the largest known undeveloped gold deposits in the world with measured and indicated resources of 31.7 million ounces of gold and additional inferred resources of 4.2 million ounces of gold; Rock Creek and Big Hurrah, located in Alaska (together, Rock Creek), have 0.5 million ounces of probable gold reserves with additional indicated resources of 0.3 million ounces of gold and inferred resources of 0.1 million ounces of gold; and Galore Creek is a large copper-gold-silver project located in northwestern British Columbia (Galore Creek) held by a partnership in which NovaGold and Teck Cominco Limited (Teck) each have a 50% interest. The mining industry is intensely competitive. Significant competition exists for the acquisition of properties producing or capable of producing gold or other metals. All of the Company's exploration and production activities in Canada and the United States are subject to regulation by governmental agencies under various environmental laws.
Company Website
Industry: Gold
Compare:EGO, ABX, GG, NMCEF, IAG
Traded in other countries:NG.Canada, NGR.Germany

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