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

Novagold Resources (NYSEAMERICAN:NG) (TSE:NG) will likely be issuing 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. Interested persons may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Wednesday, April 1, 2026 at 11:00 AM ET.

Novagold Resources Price Performance

Shares of NYSEAMERICAN NG opened at $7.73 on Friday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 23.79 and a current ratio of 23.79. Novagold Resources has a fifty-two week low of $2.26 and a fifty-two week high of $14.40. The stock has a market cap of $3.39 billion, a PE ratio of -30.92 and a beta of 0.75. The stock has a fifty day moving average of $10.46 and a 200-day moving average of $9.53.

Insider Transactions at Novagold Resources

In other Novagold Resources news, Director Dawn Patricia Whittaker acquired 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The stock was bought at an average price of $9.36 per share, with a total value of $37,440.00. Following the completion of the purchase, the director owned 4,000 shares of the company’s stock, valued at approximately $37,440. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 2.88% of the company’s stock.

Institutional Trading of Novagold Resources

Several institutional investors and hedge funds have recently modified their holdings of NG. UBS Group AG boosted its position in shares of Novagold Resources by 21.9% during the 3rd quarter. UBS Group AG now owns 13,617,880 shares of the mining company’s stock valued at $119,837,000 after acquiring an additional 2,443,511 shares during the last quarter. Bank of America Corp DE increased 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 worth $11,886,000 after purchasing an additional 2,438,052 shares during the last quarter. FIL Ltd bought a new position in shares of Novagold Resources in the fourth quarter worth approximately $18,651,000. Marshall Wace LLP purchased a new stake in Novagold Resources in the second quarter valued at approximately $6,701,000. Finally, Amundi raised its stake in Novagold Resources by 15.5% in the fourth quarter. Amundi now owns 4,529,086 shares of the mining company’s stock valued at $42,211,000 after purchasing an additional 608,186 shares in the last quarter. Hedge funds and other institutional investors own 57.56% of the company’s stock.

Analyst Upgrades and Downgrades

NG has been the subject of a number of recent analyst reports. Zacks Research lowered Novagold Resources from a “hold” rating to a “strong sell” rating in a report on Friday, January 30th. B. Riley Financial increased their price target on shares of Novagold Resources from $11.00 to $13.00 and gave the stock a “buy” rating in a report on Tuesday, January 27th. Scotiabank initiated coverage on shares of Novagold Resources in a research report on Friday, February 6th. They issued a “sector outperform” rating for the company. Finally, Royal Bank Of Canada reduced their price objective on shares of Novagold Resources from $18.00 to $14.00 and set an “outperform” rating for the company in a research note on Thursday, March 19th. Six investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $13.17.

About Novagold Resources

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.