NG
NovaGold Resources Inc. Basic Materials - Gold Investor Relations →
NovaGold Resources Inc. (NG) closed at $9.19 as of 2026-02-02, trading 86.9% above its 200-week moving average of $4.92. The stock moved further from the line this week, up from 77.8% last week. The 14-week RSI sits at 56, indicating neutral momentum.
Over the past 1109 weeks of data, NG has crossed below its 200-week moving average 12 times. On average, these episodes lasted 50 weeks. The average one-year return after crossing below was -8.0%, suggesting these dips have not historically been reliable buying opportunities for this stock.
With a market cap of $4.0 billion, NG is a mid-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at -162.7%. The stock trades at 22.8x book value.
Share count has increased 21.9% over three years, indicating dilution.
Over the past 21.3 years, a hypothetical investment of $100 in NG would have grown to $136, compared to $870 for the S&P 500. NG has returned 1.4% annualized vs 10.7% for the index, underperforming the broader market over this period.
In the past 12 months, corporate insiders have made 3 open-market purchases totaling $50,061,002.
Free cash flow has been declining. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Growth of $100: NG vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NG Crosses Below the Line?
Across 12 historical episodes, buying NG when it crossed below its 200-week moving average produced an average return of -11.4% after 12 months (median -7.0%), compared to +5.3% for the S&P 500 over the same periods. 25% of those episodes were profitable after one year. After 24 months, the average return was +3.7% vs +18.9% for the index.
Each line shows $100 invested at the moment NG crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
NG has crossed below its 200-week MA 12 times with an average 1-year return of +-8.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Nov 2007 | Sep 2010 | 146 | 96.1% | -94.2% | +3.4% |
| Sep 2011 | Oct 2011 | 4 | 13.2% | +0.4% | +49.0% |
| Mar 2012 | Nov 2015 | 194 | 71.0% | -37.0% | +44.8% |
| May 2017 | May 2017 | 1 | 0.9% | +26.8% | +132.1% |
| May 2017 | Jun 2017 | 4 | 1.8% | +23.0% | +132.7% |
| Aug 2017 | Aug 2017 | 2 | 2.6% | +8.0% | +129.2% |
| Sep 2017 | Oct 2017 | 3 | 1.6% | -14.5% | +122.0% |
| Oct 2017 | Mar 2018 | 22 | 19.1% | +3.6% | +123.1% |
| Jul 2018 | Jun 2019 | 49 | 21.2% | +42.9% | +114.2% |
| Sep 2021 | Sep 2021 | 1 | 2.0% | -35.4% | +37.8% |
| Nov 2021 | Feb 2022 | 13 | 13.2% | -7.4% | +39.2% |
| Apr 2022 | Jul 2025 | 167 | 65.7% | -12.5% | +47.7% |
| Average | 50 | — | +-8.0% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02