FY2025 Earnings Estimate for TSE:NG Issued By B. Riley

NovaGold Resources Inc. (TSE:NG) – B. Riley issued their FY2025 earnings per share (EPS) estimates for shares of NovaGold Resources in a report released on Tuesday, June 24th. B. Riley analyst N. Giles anticipates that the company will post earnings of ($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.

A number of other research firms have also recently issued reports on NG. Royal Bank Of Canada upgraded NovaGold Resources from a “hold” rating to a “moderate buy” rating in a report on Wednesday, June 4th. National Bank Financial upgraded NovaGold Resources to a “hold” rating in a report on Friday, March 21st.

NovaGold Resources Stock Up 10.8%

NG opened at C$5.65 on Thursday. The business has a fifty day moving average of C$5.49 and a 200 day moving average of C$4.86. NovaGold Resources has a 52-week low of C$3.22 and a 52-week high of C$6.99. The stock has a market cap of C$1.35 billion, a P/E ratio of -29.49 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.