Streetbeat News

NovaGold Resources Inc.

https://www.novagold.com

Industry

Gold

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. NovaGold Resources Inc. was incorporated in 1984 and is based in Vancouver, Canada.

Open

3.44

Mkt cap

1.2B

Volume

1.4M

High

3.45

P/E Ratio

-24.57

52-wk high

4.88

Low

3.33

Div yield

N/A

52-wk low

2.23

Novagold Resources (AMEX:NG) reported a narrower quarterly loss of $(0.03) per share in Q4, improving from a loss of $(0.04) per share in the same quarter of the previous year, marking a 25% year-over-year improvement.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 10:14 pm

Earnings reports for January 24, 2024, are scheduled for a wide range of companies across various industries. The reports include a mix of expected profits and losses, with key players like Freeport-McMoRan, General Dynamics, ASML Holding, and Tesla among those reporting. Investors will be closely watching these earnings releases to gauge company performance and sector health.

Portfolio Pulse from Benzinga Insights

January 24, 2024 | 10:11 am

Peter Schiff, a well-known gold bull, commented on the recent performance of gold and gold stocks, highlighting that despite gold's record close, gold mining stocks rose by a lower percentage, indicating 'extreme bearishness'. Gold has rallied about 13.5% this year, driven by expectations of Federal Reserve rate cuts. The VanEck Gold Miners ETF (GDX) and several gold mining stocks such as AEM, BTG, FNV, NEM, and NG have underperformed compared to spot gold and gold futures, but could catch up as higher gold prices boost their revenues. Benzinga screened gold stocks based on market cap, trading volume, analyst recommendations, and price targets.

Portfolio Pulse from Shanthi Rexaline

December 02, 2023 | 7:10 pm

Earnings reports are scheduled for October 3, 2023. McCormick & Co (NYSE:MKC) is projected to report quarterly earnings at $0.65 per share on revenue of $1.70 billion. Novagold Resources (AMEX:NG) and Cal-Maine Foods (NASDAQ:CALM) are also expected to report their earnings.

Portfolio Pulse from Benzinga Insights

October 03, 2023 | 11:38 am

The article lists the stocks that gained and lost the most in Wednesday's mid-day session. Among the gainers, Minerva Neurosciences surged 46.2% after announcing a $20 million private placement. Kaleyra jumped 38.3% after Tata Communications announced plans to acquire the company. Among the losers, American Rebel Holdings fell 31.4% after announcing a 1-for-25 reverse stock split. AST SpaceMobile shares fell 29.3% after the company announced pricing of an upsized offering of Class A common stock.

Portfolio Pulse from Lisa Levin

June 28, 2023 | 5:04 pm

US stocks traded lower with the Dow Jones dropping around 100 points. General Mills Inc reported better-than-expected Q4 earnings but sales missed estimates. Kaleyra, Minerva Neurosciences, and Baosheng Media Group shares rose significantly, while AST SpaceMobile, NovaGold Resources, and Cognition Therapeutics shares dropped. Oil traded up 0.1% while gold and silver traded down.

Portfolio Pulse from Lisa Levin

June 28, 2023 | 1:52 pm

Novagold Resources (AMEX:NG) reported its Q2 earnings, missing estimated earnings by 100.0% with an EPS of $-0.04 versus an estimate of $-0.02. Revenue was down $0 from the same period last year. Last quarter, the company also missed on EPS which was followed by a 7.94% drop in the share price the next day.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 9:45 pm

Earnings reports for June 27, 2023 include Manchester United, Walgreens Boots Alliance, TD Synnex, Jerash Holdings, LiveOne, Korn Ferry, Boqii Holding, Schnitzer Steel Indus, Novagold Resources, Jefferies Financial Gr, Transphorm, and AeroVironment.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 9:19 am

Novagold Resources (AMEX:NG) is set to release its latest quarterly earnings report on June 27, 2023. Analysts estimate an EPS of $-0.02. The company's past performance shows missed EPS estimates and negative price changes. Shares are down 15.6% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

June 26, 2023 | 2:04 pm

Novagold Resources (AMEX:NG) is set to release its latest quarterly earnings report on June 27, 2023, with analysts estimating an EPS of $-0.02. The company's past earnings performance has resulted in negative price changes, and its shares are down 15.87% over the last 52-week period.

Portfolio Pulse from Benzinga Insights

June 26, 2023 | 2:01 pm

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