What is the current Price Target for the NovaGold Resources stock?

The average NovaGold Resources target price is CAD9.11. This is 90.49% higher than the current stock price. The highest price target is 191.43%, the lowest is 35.98%. 3 Analysts have issued a price target NovaGold Resources 2025 .

How high will the NovaGold Resources stock rise?

No reliable answer can be given as to how high the NovaGold Resources stock will rise. The performance of stocks, including the NovaGold Resources stock, depends on a variety of factors, such as the general economic situation, the company's business results, investor expectations and global events.

What's going on with the NovaGold Resources stock today?

The performance of NovaGold Resources stock on any given day can be influenced by various factors, such as market conditions, industry trends, company news and global events.

Why did the NovaGold Resources stock fall?

The decline in NovaGold Resources stock may be due to a variety of factors, such as market conditions, industry trends, company news, macroeconomic events or changes in investor expectations. It is important to note that stock markets are inherently volatile and the performance of an individual stock on any given day is not necessarily indicative of its long-term performance.

What is a price target?

A price target is an estimate by an analyst or investment bank of where a company's stock price could be in a certain period of time, usually 12 months.

NovaGold Resources Forecast, price target & analysts

CAD4.78

2.65% yesterday

Toronto, Nov 15, 10:00 pm CET

ISIN

CA66987E2069

Symbol

Sector

Raw materials

Industry

Precious metals

Overview Dividends Analysts Charts Strategies

NovaGold Resources Target price 2024 - Analyst rating & recommendation

NovaGold Resources Classifications & Recommendation:

Buy

33%

Hold

67%

NovaGold Resources Price Target

Target Price	CAD9.11
Price	CAD4.78
Potential	90.49% register free of charge
Number of Estimates	3

	3 Analysts have issued a price target NovaGold Resources 2025 . The average NovaGold Resources target price is CAD9.11. This is 90.49% register free of charge higher than the current stock price. The highest price target is CAD13.93 191.43% register free of charge , the lowest is CAD6.50 35.98% register free of charge .
	A rating was issued by 3 analysts: 1 Analysts recommend NovaGold Resources to buy, 2 to hold and 0 to sell.
	Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
	Analyst Estimates: Analysts believe that the NovaGold Resources stock has an average upside potential 2025 of 90.49% register free of charge . Most analysts recommend the NovaGold Resources stock at Hold.

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Annually

	Nov '23	2024 Estimates
Earnings Per Share CAD	-0.19	-0.18
	9.52%	5.26%
P/E		negative

The average NovaGold Resources <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

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. This is

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than earnings per share in the financial year 2023.

This results in the following potential growth metrics and future valuations:

2023	CAD-0.19	9.52%
2024	CAD-0.18 5.26% Unlock
2025	CAD-0.12 33.33% Unlock

Current	-25.99	3.05%
2024	-26.56 2.19% Unlock
2025	-39.83 49.96% Unlock

NovaGold Resources...

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