The Gold Report
Notable Quotes
"ICG has closed a CA$2.5M flow-through placement." (12/24/15) Integra Gold Corp. - Thibaut Lepouttre, Caesars Report More >
"The exploration upside at MAG's Juanicipio project is substantial." (12/23/15) MAG Silver Corp. - Gwen Preston, Resource Maven More >
"AKG's management continues to deliver on its development milestones." (12/22/15) Asanko Gold Inc. - Nana Sangmuah, Clarus Securities More >
"We are initiating coverage on KDX with a Buy rating." (12/21/15) Klondex Mines Ltd. - Don Blyth, Paradigm Capital More >
"VIT's Eagle is a shovel-ready, fully permitted, prefinanced gold project." (12/17/15) Victoria Gold Corp. - Tom Hayes, Edison Investment Research More >
Companies - Gold
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NOVAGOLD Resources Inc.TICKER: NG:TSX; NG:NYSE.MKTNOVAGOLD is a well-financed precious metals company engaged in the exploration and development of mineral properties in North America. The company is focused on permitting and developing its 50%-owned flagship property, Donlin Gold, one of the world's largest known undeveloped gold deposits. The Donlin Gold project commenced permitting in 2012, a clearly defined process expected to take approximately five years. NOVAGOLD is also committed to maximizing value of its non-core assets and is currently exploring opportunities to sell its interest in the Galore Creek copper-gold-silver project in British Columbia, Canada. |
The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Expert Analysis
Jefferson Research (3/16/18) "NOVAGOLD Resources Ltd. is showing strong earnings quality and operating efficiency, and valuation suggests a lower amount of price risk. . .with an adjusted net income of -$6M in Q4/17 that was greater than the reported number, the company's quality of net income earnings is extremely high. In addition, operating cash flow increased during Q4/17 to $0 from -$1M."
Brien Lundin, Gold Newsletter (Jefferson Financial) (3/1/18) "Collectively, the assays should allow NOVAGOLD Resources Inc. and 50% partner Barrick to advance optimization work at Donlin. . .those assays would be cause to break out the champagne for most companies, but it's par for the course for NOVAGOLD. After all, Donlin contains 39 Moz gold at an average grade of 2.24 g/t."
Zacks Equity Research (6/26/17) "NOVAGOLD Resources Inc. and its partner Barrick Gold said that Donlin Gold has approved a drill program geared to further optimize the Donlin gold project in Alaska. . .NOVAGOLD and Barrick came to the conclusion that the potential exists to enhance the project economics through a more cost effective project execution plan that could considerably minimize upfront capital. To support this, the companies have approved an $8M budget for a drill program to collect geologic and geotechnical data in 2017." -Zacks Equity Research
Jefferson Research (5/19/17) "NOVAGOLD Resources Ltd. is showing strong earnings quality, balance sheet quality and operating efficiency, and valuation suggests a lower amount of price risk. . .when combined, the company deserves a Buy rating."
Jefferson Research (4/21/17) "NOVAGOLD Resources Inc. is showing strong earnings quality, balance sheet quality and operating efficiency, and valuation suggests a lower amount of price risk. . .when combined, the company deserves a Buy rating. . .the earnings quality for NOVAGOLD remains the strongest."