No insider purchase over the last 90 days. The latest was filed 10 Feb 2026.
Novagold Resources Inc is a Chemicals & Materials company. Its directors and officers file their transactions with SEC (Form 4). 11 insiders have disclosed 39 filings since 18 October 2025.
Not one open-market sale was filed. On the buying side, 2 insiders reported 2 purchases totalling €202k. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. The largest single trade was a purchase of €171k by Muniz Quintanilla Daniel, published on 10 February 2026. The buyers include 2 senior executives.
With 39 filings in twelve months, the company is more active than the median of 19 filings across the 5,810 companies we follow on the same exchange. Looking back to 2016, when coverage begins, insiders filed 6 purchases and 4 sales. On the fundamentals side, the SEC filing (10-K) for the period ending 30 November 2025 lists net income at -94.7 m USD.
In the case of 1 purchase, another manager of the company was buying within the same 30 days. When several insiders buy within a few weeks of each other, analysts speak of a cluster purchase. The latest purchase dates back some time: it was published 250 days ago, on 10 February 2026. Filings reach the SEC (Form 4) feed a median of 2 days after the trade. Section 16 rules allow two business days to file each Form 4.
Elsewhere in the same sector, our signals recently picked up insider purchases at Culp Inc. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Analysts rate Novagold Resources Inc Buy (bullish), based on 2 analysts. Average price target: US$12.96.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended November 2025 · cache
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NOVAGOLD RESOURCES INC. is a gold development company listed on NYSE American in the United States under the ticker NG, and also listed on the TSX. For French-speaking investors in France, Belgium, and Switzerland, it represents a classic pure-play development exposure to gold rather than a producing mining company. Its equity story is concentrated almost entirely around one flagship asset: the Donlin Gold project in Alaska. As such, the company currently has limited or no recurring mining revenue; its valuation depends mainly on permitting progress, technical de-risking, project financing, and partner execution.
NOVAGOLD was built over time as a North American precious-metals developer and has evolved into a highly focused company centered on Donlin Gold, which management describes as one of the largest and highest-quality gold development projects globally. The company’s corporate headquarters is in Vancouver, British Columbia, Canada, while it also maintains an executive office in Salt Lake City, Utah, in the United States. That cross-border footprint reflects the practical reality of developing a major U.S.-based mine while being incorporated and managed from a Canadian mining hub.
The core asset is Donlin Gold, in which NOVAGOLD holds a 60% interest and Donlin Gold Holdings, controlled by Paulson Advisers and its affiliates, holds the remaining 40% after the landmark 2025 transaction. NOVAGOLD presents Donlin as a large, long-life, open-pit gold project with meaningful scale and grade characteristics that could provide strong leverage to gold prices if and when it advances into construction and production. The company also references substantial measured and indicated resources, but those figures should always be understood in the context of technical disclosures and resource reporting standards.
From a competitive standpoint, NOVAGOLD stands out for its concentrated exposure to a single Tier One-style development asset in a mining-friendly jurisdiction. That gives investors substantial upside optionality, but it also means the equity is highly sensitive to permitting milestones, engineering outcomes, capital intensity, and timeline risk. In other words, the company’s opportunity set is attractive, but execution risk remains central to the investment case.
Recent news has been constructive. In 2025, NOVAGOLD completed the $1 billion Donlin Gold transaction, strengthened its balance sheet through equity financing, and continued preparing the Bankable Feasibility Study. In early 2026, the company awarded key engineering contracts to WSP, Worley, and Hatch, while also highlighting ongoing work on permitting, stakeholder engagement, community relations, and environmental matters. For investors tracking insider activity and SEC Form 4 filings, NOVAGOLD is therefore a development-stage gold name on NYSE American in the United States with a clear near-term catalyst pipeline tied to Donlin Gold.
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Filing |
|---|---|---|---|---|
| Nov 2025 | n.d. | -94.7 m USD | n.d. | 10-K |
| Nov 2024 | n.d. | -45.6 m USD | n.d. | 10-K |
| Nov 2021 | n.d. | -40.5 m USD | n.d. | 10-K |
| Nov 2020 | n.d. | -33.6 m USD | n.d. | 10-K |
| Nov 2019 | n.d. | -27.8 m USD | n.d. | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.