How to Buy Novagold Resources Stock
Novagold Resources Inc
NovaGold Resources Inc. primarily explores for and develops gold mineral properties in the United States.
Novagold Resources stock last closed at $4.08, down 1.69% from the previous day, and has increased 12.4% in one year. It has underperformed other stocks in the Gold industry by 0.34 percentage points. Novagold Resources stock is currently +80.53% from its 52-week low of $2.26, and -19.37% from its 52-week high of $5.06.
As of Jun 27, 2025, there are 406.9M shares of NG outstanding. The market cap of NG is $1.66B. In the past 24 hours, 10.15M NG shares were traded.
How to Buy Novagold Resources Stock
Wondering how to invest in Novagold Resources stock? Here's how.
- Decide where to buy Novagold Resources stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy Novagold Resources stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Pick your payment method and add your information.
- Research Novagold Resources stock: The Novagold Resources ticker symbol is NG. Is Novagold Resources stock a good investment? Should you buy shares of NG? How do NG's underlying business fundamentals look? Do top analysts think Novagold Resources is a good buy? Why has NG's stock price moved recently? (Hint: Our stock analysis website can help you figure out if NG is a good stock to buy).
- Execute your NG buy order: Decide if you will purchase NG shares at the current market price or use a limit order to buy NG shares at a given price.
- Get updates on your investment in NG: Create a watchlist to watch your investment in Novagold Resources shares.
Step 1: Decide where to buy Novagold Resources stock
You need an online brokerage account in order to access the NYSEMKT market and buy NG shares.
Our recommended brokerage: eToro
We believe that eToro is the best online stock brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to world financial markets: From Technology to Utilities, New York to Tokyo (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's leading stock exchanges.
- Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by creating an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the right brokerage, you need to fill out some personal information so you are able to invest in NG stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start a new brokerage account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've created your account on investing apps, you need to deposit funds:
Watch this video walkthrough for more details transferring money into your new investment account.
Step 4: Research Novagold Resources stock
After you have chosen the best place to buy Novagold Resources stock, it's critical to evaluate their stock prior to investing, so you truly understand the risk and opportunity.
Novagold Resources Numbers
Novagold Resources Overview
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on NG's stock page.
Is NG stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge NG's fair value.
Using relative valuations metrics:
- NG may be overvalued based on its P/B ratio of 10.04x, relative to Gold industry P/B ratio of 2.38x
You can do more valuation research on NG's stock here.
NG Financials at a glance
Pros:
- NG has cash burn of 13161000. It has sufficient cash and short-term investments to cover this for at least one year.
- NG has $318.74M in cash and short term investments. This is enough to cover its annual cash burn of $13.16M.
- There are more short-term assets than long-term liabilities on the NG balance sheet.
- There are more short-term assets than short-term liabilities on the NG balance sheet.
Cons:
- NG has a relatively high debt to equity ratio of 0.99.
- Total NG debt is higher than 5 years ago, relative to shareholder equity.
Do Wall Street analysts think it's a good time to buy NG stock
Out of 1 Equities analysts who give ratings on NG, the consensus analyst rating on Novagold Resources is a Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Novagold Resources stock forecast page.
NG Momentum
Latest Insiders Trades at NG
In the last year, executives and large shareholders at NG have bought more shares than they have sold.
Electrum Strategic Resources LP, 10% Owner of NG, was the latest NG insider to buy. They bought $50,000,002.50 worth of NG shares on May 9, 2025.
Learn more about who owns NG shares here.
Can I rely on NG as an income stream?
No, Novagold Resources doesn't provide an income stream by paying out dividends.
What others are saying about NG
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your NG buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount, place a limit order.
Press the Open button and eToro will place the order.
If you need more help with investing in stocks on eToro, watch the how to video below:
Step 6: Get updates on your investment in NG
Now that you own some shares in NG, you'll want to stay up-to-date on your stock purchase.
Create a watchlist to monitor your NG stock.
NG Feed
How to Buy Stock in Novagold Resources
To summarize, here are the 6 steps for buying Novagold Resources stock:
- Decide where to buy Novagold Resources stock
- Open your brokerage account
- Deposit money your brokerage account
- Research Novagold Resources stock
- Execute your NG buy order
- Get updates on your investment in NG
If you require a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to watch your investment in Novagold Resources, create your watchlist below.
Trending "How To" Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.