Zacks: Brokerages Anticipate Novagold Resources Inc. (NG) Will Announce Earnings of -$0.03 Per Share
Equities research analysts expect Novagold Resources Inc. (NASDAQ:NG) to report ($0.03) earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Zero analysts have made estimates for Novagold Resources’ earnings. The lowest EPS estimate is ($0.03) and the highest is ($0.02). Novagold Resources also posted earnings of ($0.03) per share during the same quarter last year. The firm is scheduled to report its next earnings report on Wednesday, April 3rd.
On average, analysts expect that Novagold Resources will report full-year earnings of ($0.09) per share for the current financial year, with EPS estimates ranging from ($0.10) to ($0.08). For the next year, analysts expect that the business will report earnings of ($0.06) per share. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that that provide coverage for Novagold Resources.
Novagold Resources (NASDAQ:NG) last posted its earnings results on Wednesday, January 23rd. The company reported ($0.02) earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.02).
NG stock opened at $4.30 on Tuesday. Novagold Resources has a 52 week low of $3.41 and a 52 week high of $5.05.
About Novagold Resources
NovaGold Resources Inc explores for and develops mineral properties in Canada and the United States. The company primarily explores for gold, silver, and copper deposits. It primarily holds a 50% interest in the Donlin Gold property that covers an area of 71,420 acres located in the Kuskokwim region of southwestern Alaska.
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