NG NovaGold Resources Inc. Loading...

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18:05
Jul 22
Jim Paulsen Former Chief Investment Strategist, Paulsen Perspectives CNBC
NovaGold deeply undervalued gold in ground
The best way to invest in the gold bull market is early-stage gold mining stocks, specifically NovaGold, which holds 40 million ounces of indicated and measured gold resources against a $4.2 billion market cap, implying only $119 per ounce of gold in the ground—less than 3% of the current gold price—making it an extremely undervalued gold equity.
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About NG Analyst Coverage

Buzzberg tracks NG (NovaGold Resources Inc.) across 1 sources. 1 bullish vs 0 bearish calls from 1 analysts. Sentiment: predominantly bullish (100%). 1 total trade idea tracked. Past 7 days: 1 bullish. Latest voices: Jim Paulsen.