NovaGold Resources Inc reports results for the quarter ended August 31 - Earnings Summary
NovaGold Resources Inc reports results for the quarter ended August 31 - Earnings Summary
NovaGold Resources Inc NG.A reported a quarterly adjusted loss of 8 cents per share for the quarter ended August 31, lower than the same quarter last year, when the company reported EPS of -4 cents. The mean expectation of three analysts for the quarter was for a loss of 6 cents per share. Wall Street expected results to range from -8 cents to -2 cents per share.
Reported revenue was zero.
NovaGold Resources Inc's reported EPS for the quarter was a loss of 8 cents.
The company reported a quarterly loss of $36.04 million.
NovaGold Resources Inc shares had fallen by 2.3% this quarter and lost 29.2% so far this year.
FORECAST CHANGES
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the gold peer group is also "buy"
Wall Street's median 12-month price target for NovaGold Resources Inc is C$17.00, about 46.7% above its last closing price of C$9.06
This summary was machine generated from LSEG data October 8 at 01:34 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Aug. 31 2026 | 0.00 | 0.00 | Met |
May. 31 2026 | 0.00 | -0.01 | Missed |
Feb. 28 2026 | -0.01 | -0.01 | Met |
Nov. 30 2025 |
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