Is NovaGold Resources Inc stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, NovaGold Resources Inc pays dividends. Last time was Thursday 1st of January 1970 where the investors holding the stock on Monday 28th of June 1999 were paid $0.17 per share. Over the last 1 times between 1999 and 1999, NovaGold Resources Inc has paid $0.17 with an average of $0.17 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for NovaGold Resources Inc 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was $8.67, you would have made a loss of $-3.67 per share or -42.33%
Yes, the average daily trading liquidity for NovaGold Resources Inc is $235 953 thousand. You should therefore be able to get in and out of your positions relatively fast.
NovaGold Resources Inc has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for NovaGold Resources Inc to be high [0.9 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.