Novagold Resources (NG) Projected to Post Quarterly Earnings on Wednesday

Novagold Resources (NYSEAMERICAN:NG) (TSE:NG) is projected to announce its Q1 2026 results before the market opens on Wednesday, April 1st. Analysts expect the company to announce earnings of ($0.06) per share for the quarter. Investors can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Wednesday, April 1, 2026 at 11:00 AM ET.

Novagold Resources Stock Down 5.8%

Shares of NYSEAMERICAN:NG opened at $7.73 on Friday. Novagold Resources has a 1 year low of $2.26 and a 1 year high of $14.40. The company has a market capitalization of $3.39 billion, a PE ratio of -30.92 and a beta of 0.75. The business has a fifty day moving average price of $10.46 and a two-hundred day moving average price of $9.53. The company has a debt-to-equity ratio of 1.02, a current ratio of 23.79 and a quick ratio of 23.79.

Insider Activity at Novagold Resources

In other news, Director Dawn Patricia Whittaker purchased 4,000 shares of the business’s stock in a transaction dated Wednesday, February 4th. The stock was bought at an average price of $9.36 per share, for a total transaction of $37,440.00. Following the purchase, the director owned 4,000 shares of the company’s stock, valued at $37,440. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 2.88% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Novagold Resources

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. UBS Group AG boosted its position in Novagold Resources by 21.9% during the third quarter. UBS Group AG now owns 13,617,880 shares of the mining company’s stock worth $119,837,000 after purchasing an additional 2,443,511 shares during the period. Bank of America Corp DE raised its position in shares of Novagold Resources by 520.9% in the second quarter. Bank of America Corp DE now owns 2,906,123 shares of the mining company’s stock valued at $11,886,000 after purchasing an additional 2,438,052 shares during the period. FIL Ltd purchased a new stake in shares of Novagold Resources during the 4th quarter valued at approximately $18,651,000. Marshall Wace LLP purchased a new stake in shares of Novagold Resources during the 2nd quarter valued at approximately $6,701,000. Finally, Amundi boosted its holdings in Novagold Resources by 15.5% in the 4th quarter. Amundi now owns 4,529,086 shares of the mining company’s stock worth $42,211,000 after buying an additional 608,186 shares during the period. 57.56% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on NG shares. Royal Bank Of Canada reduced their price target on shares of Novagold Resources from $18.00 to $14.00 and set an “outperform” rating for the company in a research report on Thursday, March 19th. Scotiabank assumed coverage on shares of Novagold Resources in a research report on Friday, February 6th. They issued a “sector outperform” rating on the stock. B. Riley Financial boosted their target price on shares of Novagold Resources from $11.00 to $13.00 and gave the company a “buy” rating in a research note on Tuesday, January 27th. Finally, Zacks Research lowered shares of Novagold Resources from a “hold” rating to a “strong sell” rating in a research note on Friday, January 30th. Six analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Novagold Resources has a consensus rating of “Moderate Buy” and a consensus price target of $13.17.

Novagold Resources Company Profile

Novagold Resources Inc is a mineral exploration and development company headquartered in Vancouver, British Columbia. The firm is focused on advancing large-scale precious metals projects through disciplined project management, environmental stewardship and community engagement. Novagold maintains a lean corporate structure while leveraging partnerships and industry expertise to advance its projects toward production.

The company’s flagship asset is the Donlin Gold project in Alaska, a 50/50 joint venture with Barrick Gold Corporation.