FY2026 Earnings Estimate for TSE:NG Issued By Scotiabank

NovaGold Resources Inc. (TSE:NG) – Equities research analysts at Scotiabank issued their FY2026 earnings per share (EPS) estimates for NovaGold Resources in a research report issued to clients and investors on Wednesday, February 11th. Scotiabank analyst F. Costanzo forecasts that the company will earn ($0.34) per share for the year. Scotiabank currently has a “Strong-Buy” rating on the stock. Scotiabank also issued estimates for NovaGold Resources’ FY2027 earnings at ($0.33) EPS.

NovaGold Resources (TSE:NG) last announced its quarterly earnings data on Thursday, January 22nd. The company reported C($0.05) EPS for the quarter.

Several other research analysts have also recently weighed in on the stock. BMO Capital Markets raised shares of NovaGold Resources to a “strong-buy” rating in a research report on Tuesday, November 4th. National Bank Financial raised shares of NovaGold Resources from a “sector perform” rating to an “outperform” rating and set a C$15.00 target price on the stock in a research note on Thursday, October 30th. Three equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Strong Buy” and an average target price of C$18.00.

NovaGold Resources Stock Up 5.7%

Shares of TSE:NG opened at C$14.63 on Monday. NovaGold Resources has a 52-week low of C$3.22 and a 52-week high of C$16.27. The stock has a market cap of C$6.41 billion, a P/E ratio of -58.52 and a beta of 2.15. The business has a fifty day moving average of C$13.63 and a two-hundred day moving average of C$11.95.

Insider Activity at NovaGold Resources

In other NovaGold Resources news, Director Dawn Patricia Whittaker purchased 4,000 shares of the stock in a transaction dated Wednesday, February 4th. The stock was acquired at an average cost of C$12.79 per share, for a total transaction of C$51,160.00. Following the acquisition, the director owned 4,000 shares in the company, valued at C$51,160. This trade represents a ∞ increase in their position. 26.46% of the stock is currently owned by company insiders.

About NovaGold Resources

Novagold Resources Inc is a mineral exploration company engaged in the exploration and development of mineral properties. The company owns 50% of the Donlin Gold project, which is located in southwestern Alaska, approximately 20 kilometers north of the village of Crooked Creek on the Kuskokwim River.