NG (Novagold Resources) Momentum Rank: 4 (As of Aug. 17, 2026) — 20% Below Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NG Novagold Resources Inc NG
29 GF Score
Price $7.94
! 1 Warning Sign
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What is Novagold Resources Momentum Rank?

Novagold Resources NG +2.32% 29 Momentum Rank is 4 as of Aug. 17, 2026, which is 20% below its 10-year median of 5.00. GuruFocus rates NG with a GF Score™ of 29/100. The stock has 1 warning sign investors should review.

Novagold Resources has the Momentum Rank of 4.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Novagold Resources Momentum Rank Related Terms

NG vs NEM, AU: Momentum Rank Comparison

For the Gold subindustry, Novagold Resources's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Novagold Resources Momentum Rank vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Novagold Resources's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Novagold Resources's Momentum Rank falls into.


NG
29GF Score
Novagold Resources Inc NG
Momentum Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Momentum Rank →
What does a Momentum Rank of 4 mean?
Novagold Resources (NG) has a Momentum Rank of 4 as of Aug. 17, 2026. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on Novagold Resources and its competitors. This is 20% below median its historical median of 5.00. Over the past decade, Novagold Resources' Momentum Rank has ranged from 1.00 to 10.00.
Is Novagold Resources' Momentum Rank too high?
Novagold Resources' current Momentum Rank of 4 is 20% below median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 10.00. Overall, Novagold Resources has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Novagold Resources' Momentum Rank compare to NEM and AU?
Novagold Resources' Momentum Rank of 4 can be compared against companies in the Metals & Mining industry. Historically, Novagold Resources' own Momentum Rank has ranged from 1.00 to 10.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Momentum Rank for a Metals & Mining company?
A good Momentum Rank depends on the Metals & Mining industry context. However, Momentum Rank should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Momentum Rank mean?
A high Momentum Rank can signal that a stock is expensive relative to its fundamentals. Momentum Rank is determined using the standardized momentum ratio, measuring the speed and velocity of price changes in a stock. View historical data on Novagold Resources and its competitors. Novagold Resources's current Momentum Rank is 4, which is 20% below median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novagold Resources stock overvalued right now?
Novagold Resources (NG) has a current Momentum Rank of 4. The current Momentum Rank is 4, which is 20% below median its 10-year median of 5.00. Novagold Resources' overall GF Score™ is 29/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Momentum Rank calculated?
Momentum Rank is calculated from a company's financial statements. For Novagold Resources (NG), the current Momentum Rank is 4 as of Aug. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Novagold Resources Business Description

Address 201 South Main Street, Suite 400, Salt Lake City, UT, USA, 84111
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.
29GF Score

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