Analysts Offer Predictions for TSE:NG FY2025 Earnings

NovaGold Resources Inc. (TSE:NG) – Investment analysts at B. Riley issued their FY2025 earnings per share estimates for shares of NovaGold Resources in a research note issued to investors on Tuesday, June 24th. B. Riley analyst N. Giles expects that the company will earn ($0.19) per share for the year. B. Riley also issued estimates for NovaGold Resources’ FY2026 earnings at ($0.16) EPS and FY2027 earnings at ($0.16) EPS.

Several other equities analysts also recently issued reports on NG. National Bank Financial raised shares of NovaGold Resources to a “hold” rating in a research note on Friday, March 21st. Royal Bank Of Canada raised NovaGold Resources from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, June 4th.

NovaGold Resources Price Performance

NG opened at C$5.10 on Thursday. NovaGold Resources has a fifty-two week low of C$3.22 and a fifty-two week high of C$6.99. The company’s 50 day moving average price is C$5.46 and its two-hundred day moving average price is C$4.86. The firm has a market capitalization of C$1.22 billion, a price-to-earnings ratio of -26.62 and a beta of 1.07.

NovaGold Resources Company Profile

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.