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Compare · NEM vs NG

NEM vs NG

Side-by-side comparison of Newmont Corporation (NEM) and Novagold Resources Inc. (NG): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both NEM and NG operate in Precious Metals (Basic Materials), so they compete in similar markets.
  • NEM is the larger of the two at $114.73B, about 32.5x NG ($3.53B).
  • NEM has been more active in the news (19 items in the past 4 weeks vs 16 for NG).
  • NEM has more recent analyst coverage (25 ratings vs 9 for NG).
MetricNEMNG
Company
Newmont Corporation
Novagold Resources Inc.
Price
-
-
Market cap
$114.73B
$3.53B
1M return
-0.79%
-
1Y return
+94.16%
-
Industry
Precious Metals
Precious Metals
Exchange
NYSE
AMEX
IPO
2003
News (4w)
19
16
Recent ratings
25
9
NEM

Newmont Corporation

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, and Ghana. As of December 31, 2020, it had proven and probable gold reserves of 94.2 million ounces and land position of 58,900 square kilometers. The company was founded in 1916 and is headquartered in Denver, Colorado.

NG

Novagold Resources Inc.

NovaGold Resources Inc. explores for and develops gold mineral properties in the United States. It primarily owns 50% interest in the Donlin Gold project consisting of 493 mining claims covering an area of 71,420 acres located in the Kuskokwim region of southwestern Alaska. The company was formerly known as NovaCan Mining Resources (1985) Limited and changed its name to NovaGold Resources Inc. in March 1987. NovaGold Resources Inc. was founded in 1984 and is based in Vancouver, Canada.

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