NG
NovaGold Resources Inc
Price:  
3.53 
USD
Volume:  
1,851,321.00
Canada | Metals & Mining
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NG Fair Value

-119.68 %
Upside

As of 2024-05-24, the Fair Value of NovaGold Resources Inc (NG) is -0.69 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 3.53 USD, the upside of NovaGold Resources Inc is -119.68%.

Note: valuation result may not be accurate due to the company's negative EPS.

3.53 USD
Stock Price
-0.69 USD
Fair Price
FAIR VALUE CALCULATION

NG Fair Value

Peter Lynch's formula is:

NG Fair Value
= Earnings Growth Rate x TTM EPS
NG Fair Value
= 5.00 x -0.14
NG Fair Value
= -0.69

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2019-11-30 2020-11-30 2021-11-30 2022-11-30 2023-11-30 5Y Avg
Net income -27.76 -33.56 -40.54 -53.34 -46.80 -40.40
YoY growth 75.38% -20.90% -20.77% -31.59% 12.26% 2.87%

NG Fair Value - Key Data

Market Cap (mil) 1,180.33
P/E
Forward P/E
EPS -0.14
Avg earnings growth rate 2.87%
TTM earnings -46.46