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Novagold Resources Inc. Stock (NG) Forecast

The Novagold Resources Inc. (NG) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $8.0059, representing a -8.19% decrease from the current price of $8.72. The highest analyst price target is $8.9003, and the lowest is $7.1115.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month NG Price Target
Average 7.0733 (-18.88% Downside)
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Is Novagold Resources Inc. (NG) A Buy Now?

Oscillators
Name Value Action
RSI(14) 71.71 Sell
STOCH(9,6) 81.55 Sell
STOCHRSI(14) 100.00 Sell
MACD(12,26) 0.566 Buy
ADX(14) 33.19 Buy
William %R -11.62 Sell
CCI(14) 75.29 Neutral
Buy: 2 Sell: 4 Neutral: 1
Summary: Sell
Moving Averages
Period Simple Exponential
MA10
7.989
Buy
7.9605
Buy
MA20
7.151
Buy
7.4335
Buy
MA50
6.705
Buy
7.1499
Buy
MA100
7.6782
Buy
7.5696
Buy
MA200
8.783
Sell
7.6618
Buy
Buy: 9 Sell: 1 Neutral: 0
Summary: Buy
According to our latest analysis, NG could be considered a Strong Buy, with 17 technical analysis indicators signaling 11 Buy signals, 5 signaling Sell signals and 1 Neutral signals. This might be a good time to open fresh positions on NG, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 71.71 indicates that NG is overbought. This suggests that NG price has experienced a significant increase over a specified lookback period, potentially leading to a correction.
  2. STOCH (Stochastic Oscillator): The STOCH value of 81.55 indicates that NG is oversold. This means that NG price is at or near the highest level over a specified lookback period.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 100 indicates that NG is oversold. This suggests that NG price is at or near the highest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 33.19 suggests a moderate trend in the market. It indicates that there is more conviction behind the directional movement compared to lower ADX values. You should consider this as a potential opportunity to enter trades in the direction of the trend.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 75.29 indicates that NG is still overbought but not to an extreme extent.

Long-term NG price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Novagold Resources Inc. financial reports and earnings history, Novagold Resources Inc. (NG) stock could reach $2.9958 by 2030, $4.6493 by 2040 and $4.5624 by 2050. See the projected annual prices until 2050 of the Novagold Resources Inc. stock below:

  • Novagold Resources Inc. (NG) is expected to reach an average price of $2.6092 in 2035, with a high prediction of $2.738 and a low estimate of $2.0957. This indicates an $-70.08% rise from the last recorded price of $8.72.
  • Novagold Resources Inc. (NG) stock is projected to chart a bullish course in 2040, with an average price target of $3.4145, representing an $-60.84% surge from its current level. The forecast ranges from a conservative $3.2945 to a sky-high $4.6493.
  • Our analysts predict Novagold Resources Inc. (NG) to jump -79.56% by 2045, soaring from $1.4379 to an average price of $1.7826, potentially reaching $2.3526. While $1.4379 is the low estimate, the potential upside is significant.
  • Novagold Resources Inc. (NG) stock is expected to climb by 2050, reaching an average of $4.2724, a $-51.01% jump from its current level. However, a wide range of estimates exists, with high and low targets of $4.5624 and $3.3336, respectively, highlighting the market's uncertainty.

Novagold Resources Inc. Stock (NG) Year by Year Forecast

Novagold Resources Inc. Stock (NG) Price Forecast for 2026

The predicted value for Novagold Resources Inc. (NG) in 2026 is set at an average of $8.2454. Estimates vary from a peak of $10.74 to a trough of $5.7502, indicating an -5.44% surge from the present price of $8.72.
Month Average Low High Change from today's price
September, 2026 $7.6326 $7.1115 $8.9003 -12.47%
October, 2026 $6.735 $6.535 $7.7532 -22.76%
November, 2026 $6.4973 $5.9761 $6.8056 -25.49%
December, 2026 $6.1602 $5.7502 $6.6729 -29.36%

Novagold Resources Inc. Stock (NG) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Novagold Resources Inc. (NG) is $5.5862, with a high forecast of $7.65 and a low forecast of $3.5225. This indicates an -35.94% decrease from the last price of $8.72.
Month Average Low High Change from today's price
January, 2027 $6.8925 $6.0908 $7.2825 -20.96%
February, 2027 $6.9048 $6.3737 $7.6193 -20.82%
March, 2027 $6.1478 $5.6778 $6.9154 -29.50%
April, 2027 $5.8501 $5.4701 $6.2945 -32.91%
May, 2027 $5.5024 $5.2462 $6.5907 -36.90%
June, 2027 $6.7453 $5.528 $6.7653 -22.65%
July, 2027 $7.0176 $6.6059 $7.4165 -19.52%
August, 2027 $6.75 $6.61 $7.65 -22.59%
September, 2027 $5.0529 $4.5117 $6.6105 -42.05%
October, 2027 $4.6952 $4.5302 $5.494 -46.16%
November, 2027 $3.7675 $3.5225 $5.1558 -56.79%
December, 2027 $4.3004 $3.6131 $4.3304 -50.68%

Novagold Resources Inc. Stock (NG) Price Forecast for 2028

In 2028, Novagold Resources Inc. (NG) is projected to reach an average price of $4.7334, with a high projection of $6.2961 and a low estimate of $3.1706. This indicates an -45.72% fall from the last price of $8.72.
Month Average Low High Change from today's price
January, 2028 $3.5827 $3.3627 $4.5416 -58.91%
February, 2028 $3.9951 $3.5233 $4.1601 -54.18%
March, 2028 $3.938 $3.6912 $4.4356 -54.84%
April, 2028 $5.0303 $3.5986 $5.1553 -42.31%
May, 2028 $5.4732 $4.7109 $5.5532 -37.23%
June, 2028 $6.1055 $5.2338 $6.2649 -29.98%
July, 2028 $5.3679 $5.3379 $6.2961 -38.44%
August, 2028 $4.6408 $4.6308 $5.4584 -46.78%
September, 2028 $5.3631 $4.7763 $6.0031 -38.50%
October, 2028 $4.9454 $4.6448 $5.8337 -43.29%
November, 2028 $4.5383 $4.2977 $5.006 -47.96%
December, 2028 $3.3206 $3.1706 $4.8439 -61.92%

Novagold Resources Inc. Stock (NG) Price Forecast for 2029

The 2029 price forecast for Novagold Resources Inc. Stock (NG) is $2.7873 on average, with a high prediction of $3.9974 and a low estimate of $1.5771. This represents an -68.04% decrease from the previous price of $8.72.
Month Average Low High Change from today's price
January, 2029 $3.8435 $3.2312 $3.9974 -55.92%
February, 2029 $3.3259 $3.2659 $3.777 -61.86%
March, 2029 $3.4282 $3.1926 $3.7465 -60.69%
April, 2029 $3.1205 $2.6249 $3.8888 -64.21%
May, 2029 $2.9234 $2.7528 $3.3711 -66.47%
June, 2029 $3.6757 $2.924 $3.6957 -57.85%
July, 2029 $3.0881 $2.5969 $3.6363 -64.59%
August, 2029 $1.911 $1.891 $3.2387 -78.09%
September, 2029 $1.7533 $1.5771 $2.0166 -79.89%
October, 2029 $2.0462 $1.6639 $2.2262 -76.53%
November, 2029 $2.4585 $1.9168 $2.728 -71.81%
December, 2029 $2.22 $2.1091 $2.5078 -74.54%

Novagold Resources Inc. Stock (NG) Price Forecast for 2030

Novagold Resources Inc. Stock (NG) is expected to reach an average price of $5.1535 in 2030, with a high forecast of $8.2335 and a low forecast of $2.0735. This signifies an -40.90% decrease from the last price of $8.72.
Month Average Low High Change from today's price
January, 2030 $2.8508 $2.0735 $2.9958 -67.31%
February, 2030 $4.4905 $2.827 $4.5105 -48.50%
March, 2030 $4.8551 $4.2816 $4.9951 -44.32%
April, 2030 $5.8348 $4.7674 $6.3395 -33.09%
May, 2030 $4.4806 $4.4242 $6.0209 -48.62%
June, 2030 $5.1852 $4.4191 $5.4302 -40.54%
July, 2030 $5.066 $4.5549 $5.7058 -41.90%
August, 2030 $5.8757 $4.9372 $6.0807 -32.62%
September, 2030 $7.2753 $5.8768 $7.6342 -16.57%
October, 2030 $7.4161 $6.5965 $7.9027 -14.95%
November, 2030 $4.3258 $4.2258 $8.2335 -50.39%
December, 2030 $7.1304 $3.087 $7.5181 -18.23%
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