NovaGold Resources Inc reports results for the quarter ended May 31 - Earnings Summary

NovaGold Resources

25/06/2026 18:24

NovaGold Resources Inc NG.A reported a quarterly adjusted loss of 6 cents​​ per share for the quarter ended May 31, lower than the same quarter last year, when the company reported EPS of -4 cents.  The mean expectation of four analysts for the quarter was for a loss of 4 cents per share. Wall Street expected results to range from -6 cents to -1 cents per share.
Reported revenue was zero​. 
NovaGold Resources Inc's reported EPS for the quarter was a loss of 6 cents​.
The company reported a quarterly loss of $25.49 million.
NovaGold Resources Inc shares had fallen by 29.8% this quarter and lost 31.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 100% in the last three months.​ 
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 48.2% above its last closing price of C$8.80
This summary was machine generated from LSEG data June 25 at 05:23 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
May. 31 2026 
0.00
-0.01
Missed
Feb. 28 2026 
-0.01
-0.01
Met
Nov. 30 2025 
Aug. 31 2025