NG:TSX; NG:NYSE.MKT

NOVAGOLD Resources Inc.

NOVAGOLD 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.
NG:TSX NG:NYSE.MKT

Expert Comments:

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."

Raj Ray, National Bank of Canada (4/4/17)
"Permitting activities for NOVAGOLD Resources Inc.'s Donlin gold project (50% NOVAGOLD, 50% Barrick) in Alaska continue to move forward. . .the company continues to maintain a strong financial position with cash and term deposits of $98M at the end of Q1 FY17 ($105M at the end of Q4 FY16), which we believe is sufficient to complete permitting of Donlin gold."

Eric Muschinski, Gold Investment Letter (1/26/17)
"A few months ago I put out a brief report out on our blog and initiated a buy recommendation on NOVAGOLD Resources Inc. at $4.05 US. . .the share price is up about 23% since then($5.20 now) but I believe the upside on this stock is enormous. . .this is a stock that you can comfortably own IN SIZE because of its mature stage of development, liquidity, and pedigree; i'll go out on a limb here.....NG will hit $50 per share within 5 years. . .you heard it here first!. . .NG joins MUX as one of my top 3 holdings with market values over $1 billion."

Raj Ray, National Bank Financial (1/25/17)
"We view NOVAGOLD as a long-dated option on the gold price that offers investors long-term exposure to a large-scale open-pit deposit in a stable jurisdiction which could assume significance if our forecast for industry-wide production decline play out over the next few years. . .we expect gold developers to remain in focus as investors look for a solution for looming production declines in the gold space. . .we contend that a favorable construction decision on the Donlin project will depend on the project among other things on a sustained period of strong gold price. . .as a result we continue to maintain Sector Perform rating."

More Expert Comments

Experts Following This Company

Eric Muschinski – Phenom Ventures LLC
Raj Ray, Analyst – National Bank of Canada

The information provided above is from analysts, newsletters, the company and other contributors.

NOVAGOLD Resources Inc. is a sponsor of Streetwise Reports. The company's sponsorship fees pay for Streetwise Reports to create and update this "Investor Summary Page," to which links are placed on Streetwise Reports' websites and newsletters. Streetwise Reports does not accept stock for the payment of fees. See disclaimer for more details.

The company description, investing highlights and catalyst calendar on this page were prepared by the company. The Expert Comments and Experts Following This Company sections of this page are compiled by Streetwise Reports. There may be other information about the company that is not placed on this page. Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on this page.

The Expert Opinions above are excerpted from third-party sources not affiliated with or controlled by Streetwise Reports. The statements or opinions expressed in the Expert Opinions above are those of the authors indicated, and Streetwise Reports has not verified the accuracy of material excerpted here.

Streetwise Reports does not provide investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security.Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.

Readers should conduct their own research for all information publicly available concerning the company.

Investing Highlights
 
High-grade deposits with excellent production profiles and exploration upside
 
Safest leverage to gold, assets located in top-rated mining jurisdictions
 
Supportive, loyal and engaged stakeholders