NOVAGOLD Advances Donlin Gold Project with High-Grade Results and Key Permits

Novagold Resources New ( (TSE:NG) ) has provided an announcement.

NOVAGOLD RESOURCES INC. announced significant advancements in its Donlin Gold project, including high-grade drill results and favorable legal and permitting milestones. The 2025 drill program yielded high-grade gold intercepts, reinforcing the project’s status as a leading gold development. Additionally, the Alaska Supreme Court upheld key state permits, and the project was accepted into the FAST-41 program, enhancing transparency and predictability in federal permitting. These developments position Donlin Gold as a standout project in the global gold sector, supporting its path to a Bankable Feasibility Study.

The most recent analyst rating on (TSE:NG) stock is a Buy with a C$24.00 price target. To see the full list of analyst forecasts on Novagold Resources New stock, see the TSE:NG Stock Forecast page.

Spark’s Take on TSE:NG Stock

According to Spark, TipRanks’ AI Analyst, TSE:NG is a Underperform.

NovaGold Resources’ stock score is primarily driven by its poor financial performance, marked by no revenue and negative equity. While technical momentum is strong, it’s offset by significant risks, including litigation and project delays. Valuation is weak due to negative earnings and no dividend yield.

To see Spark’s full report on TSE:NG stock, click here.

More about Novagold Resources New

NOVAGOLD RESOURCES INC. operates in the mining industry, focusing primarily on gold exploration and development. The company is advancing the Donlin Gold project, which is positioned to become one of the largest and highest-quality gold mines globally, with a significant focus on the Alaskan market.

Average Trading Volume: 834,585

Technical Sentiment Signal: Buy

Current Market Cap: C$5.01B

For a thorough assessment of NG stock, go to TipRanks’ Stock Analysis page.