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NG vs KGC
Revenue, margins, valuation, and 5-year total return — side by side.
Gold
NG vs KGC — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Gold | Gold |
| Market Cap | $3.67B | $36.86B |
| Revenue (TTM) | $0.00 | $7.94B |
| Net Income (TTM) | $-95M | $2.86B |
| Gross Margin | — | 52.8% |
| Operating Margin | — | 48.2% |
| Forward P/E | — | 9.8x |
| Total Debt | $166M | $777M |
| Cash & Equiv. | $110M | $1.75B |
NG vs KGC — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| NovaGold Resources … (NG) | 100 | 94.5 | -5.5% |
| Kinross Gold Corpor… (KGC) | 100 | 469.9 | +369.9% |
Price return only. Dividends and distributions are not included.
Quick Verdict: NG vs KGC
Each card shows where this stock fits in a portfolio — not just who wins on paper.
NG is the clearest fit if your priority is momentum.
- +114.5% vs KGC's +103.4%
KGC carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 2 yrs, beta 0.69, yield 0.4%
- Rev growth 39.3%, EPS growth 158.4%, 3Y rev CAGR 27.6%
- 463.8% 10Y total return vs NG's 41.3%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 39.3% revenue growth vs NG's -108.3% | |
| Quality / Margins | 36.0% margin vs NG's -2.9% | |
| Stability / Safety | Beta 0.69 vs NG's 1.39, lower leverage | |
| Dividends | 0.4% yield; 2-year raise streak; the other pay no meaningful dividend | |
| Momentum (1Y) | +114.5% vs KGC's +103.4% | |
| Efficiency (ROA) | 23.4% ROA vs NG's -28.2%, ROIC 29.9% vs -25.1% |
NG vs KGC — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
KGC leads this category, winning 1 of 1 comparable metric.
Income & Cash Flow (Last 12 Months)
KGC and NG operate at a comparable scale, with $7.9B and $0 in trailing revenue.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $0 | $7.9B |
| EBITDAEarnings before interest/tax | -$47M | $5.0B |
| Net IncomeAfter-tax profit | -$95M | $2.9B |
| Free Cash FlowCash after capex | -$39M | $3.0B |
| Gross MarginGross profit ÷ Revenue | — | +52.8% |
| Operating MarginEBIT ÷ Revenue | — | +48.2% |
| Net MarginNet income ÷ Revenue | — | +36.0% |
| FCF MarginFCF ÷ Revenue | — | +38.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | — | +58.6% |
| EPS Growth (YoY)Latest quarter vs prior year | -17.8% | +130.0% |
Valuation Metrics
Evenly matched — NG and KGC each lead in 1 of 2 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $3.7B | $36.9B |
| Enterprise ValueMkt cap + debt − cash | $3.7B | $35.9B |
| Trailing P/EPrice ÷ TTM EPS | -34.73x | 15.47x |
| Forward P/EPrice ÷ next-FY EPS est. | — | 9.83x |
| PEG RatioP/E ÷ EPS growth rate | — | 1.25x |
| EV / EBITDAEnterprise value multiple | — | 8.40x |
| Price / SalesMarket cap ÷ Revenue | — | 5.14x |
| Price / BookPrice ÷ Book value/share | 20.66x | 4.34x |
| Price / FCFMarket cap ÷ FCF | — | 14.35x |
Profitability & Efficiency
KGC leads this category, winning 8 of 9 comparable metrics.
Profitability & Efficiency
KGC delivers a 33.9% return on equity — every $100 of shareholder capital generates $34 in annual profit, vs $-58 for NG. KGC carries lower financial leverage with a 0.09x debt-to-equity ratio, signaling a more conservative balance sheet compared to NG's 1.02x. On the Piotroski fundamental quality scale (0–9), KGC scores 9/9 vs NG's 3/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -57.8% | +33.9% |
| ROA (TTM)Return on assets | -28.2% | +23.4% |
| ROICReturn on invested capital | -25.1% | +29.9% |
| ROCEReturn on capital employed | -21.7% | +29.8% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 9 |
| Debt / EquityFinancial leverage | 1.02x | 0.09x |
| Net DebtTotal debt minus cash | $56M | -$975M |
| Cash & Equiv.Liquid assets | $110M | $1.8B |
| Total DebtShort + long-term debt | $166M | $777M |
| Interest CoverageEBIT ÷ Interest expense | -3.20x | 58.61x |
Total Returns (Dividends Reinvested)
KGC leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in KGC five years ago would be worth $41,403 today (with dividends reinvested), compared to $9,495 for NG. Over the past 12 months, NG leads with a +114.5% total return vs KGC's +103.4%. The 3-year compound annual growth rate (CAGR) favors KGC at 80.4% vs NG's 17.9% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -1.8% | +8.9% |
| 1-Year ReturnPast 12 months | +114.5% | +103.4% |
| 3-Year ReturnCumulative with dividends | +63.9% | +487.3% |
| 5-Year ReturnCumulative with dividends | -5.0% | +314.0% |
| 10-Year ReturnCumulative with dividends | +41.3% | +463.8% |
| CAGR (3Y)Annualised 3-year return | +17.9% | +80.4% |
Risk & Volatility
KGC leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
KGC is the less volatile stock with a 0.69 beta — it tends to amplify market swings less than NG's 1.39 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. KGC currently trades 78.7% from its 52-week high vs NG's 62.7% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.39x | 0.69x |
| 52-Week HighHighest price in past year | $14.40 | $39.11 |
| 52-Week LowLowest price in past year | $3.37 | $13.28 |
| % of 52W HighCurrent price vs 52-week peak | +62.7% | +78.7% |
| RSI (14)Momentum oscillator 0–100 | 36.9 | 36.7 |
| Avg Volume (50D)Average daily shares traded | 3.6M | 8.9M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates NG as "Buy" and KGC as "Buy". Consensus price targets imply 48.4% upside for NG (target: $13) vs 37.3% for KGC (target: $42). KGC is the only dividend payer here at 0.41% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $13.40 | $42.25 |
| # AnalystsCovering analysts | 5 | 28 |
| Dividend YieldAnnual dividend ÷ price | — | +0.4% |
| Dividend StreakConsecutive years of raises | — | 2 |
| Dividend / ShareAnnual DPS | — | $0.13 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +1.7% |
KGC leads in 4 of 6 categories — strongest in Income & Cash Flow and Profitability & Efficiency. 1 category is tied.
NG vs KGC: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is NG or KGC a better buy right now?
Kinross Gold Corporation (KGC) offers the better valuation at 15.
5x trailing P/E (9. 8x forward), making it the more compelling value choice. Analysts rate NovaGold Resources Inc. (NG) a "Buy" — based on 5 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — NG or KGC?
Over the past 5 years, Kinross Gold Corporation (KGC) delivered a total return of +314.
0%, compared to -5. 0% for NovaGold Resources Inc. (NG). Over 10 years, the gap is even starker: KGC returned +463. 8% versus NG's +41. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — NG or KGC?
By beta (market sensitivity over 5 years), Kinross Gold Corporation (KGC) is the lower-risk stock at 0.
69β versus NovaGold Resources Inc. 's 1. 39β — meaning NG is approximately 102% more volatile than KGC relative to the S&P 500. On balance sheet safety, Kinross Gold Corporation (KGC) carries a lower debt/equity ratio of 9% versus 102% for NovaGold Resources Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — NG or KGC?
On earnings-per-share growth, the picture is similar: Kinross Gold Corporation grew EPS 158.
4% year-over-year, compared to -100. 0% for NovaGold Resources Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — NG or KGC?
Kinross Gold Corporation (KGC) is the more profitable company, earning 33.
9% net margin versus 0. 0% for NovaGold Resources Inc. — meaning it keeps 33. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: KGC leads at 43. 2% versus 0. 0% for NG. At the gross margin level — before operating expenses — KGC leads at 47. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is NG or KGC more undervalued right now?
Analyst consensus price targets imply the most upside for NG: 48.
4% to $13. 40.
07Which pays a better dividend — NG or KGC?
In this comparison, KGC (0.
4% yield) pays a dividend. NG does not pay a meaningful dividend and should not be held primarily for income.
08Is NG or KGC better for a retirement portfolio?
For long-horizon retirement investors, Kinross Gold Corporation (KGC) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.
69), +463. 8% 10Y return). Both have compounded well over 10 years (KGC: +463. 8%, NG: +41. 3%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between NG and KGC?
Both stocks operate in the Basic Materials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: NG is a small-cap quality compounder stock; KGC is a mid-cap high-growth stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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