NovaGold Resources (NYSEAMERICAN:NG) Issues Earnings Results, Misses Expectations By $0.01 EPS

NovaGold Resources (NYSEAMERICAN:NGGet Free Report) (TSE:NG) posted its quarterly earnings data on Wednesday. The mining company reported ($0.03) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.01), Yahoo Finance reports.

NovaGold Resources Stock Performance

NYSEAMERICAN NG opened at $3.65 on Friday. The firm has a market capitalization of $1.22 billion, a PE ratio of -28.08 and a beta of 1.05. NovaGold Resources has a 12 month low of $2.22 and a 12 month high of $4.88.

Wall Street Analysts Forecast Growth

NG has been the topic of several research analyst reports. StockNews.com cut shares of NovaGold Resources from a “hold” rating to a “sell” rating in a report on Sunday, July 28th. National Bank Financial cut shares of NovaGold Resources from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 24th.

View Our Latest Research Report on NovaGold Resources

About NovaGold Resources

(Get Free Report)

NovaGold Resources Inc explores for and develops gold mineral properties in the United States. Its principal asset is the Donlin Gold project consisting of 493 mining claims covering an area of approximately 29,008 hectares 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.

Further Reading

Earnings History for NovaGold Resources (NYSEAMERICAN:NG)

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