B. Riley Raises Earnings Estimates for NovaGold Resources

Key Points

• B. Riley has raised its Q3 2025 earnings per share estimate for NovaGold Resources from ($0.10) to ($0.06), indicating improved financial expectations.
• National Bankshares increased NovaGold's price target from C$7.00 to C$10.00, while Citigroup upgraded the stock to a "strong-buy" rating, reflecting positive analyst sentiment.
• As of now, 26.46% of NovaGold’s stock is owned by insiders, suggesting confidence in the company's future performance.

NovaGold Resources Inc. (TSE:NG - Free Report) - Stock analysts at B. Riley lifted their Q3 2025 earnings per share (EPS) estimates for shares of NovaGold Resources in a research report issued to clients and investors on Tuesday, September 30th. B. Riley analyst N. Giles now expects that the company will post earnings of ($0.06) per share for the quarter, up from their previous forecast of ($0.10). B. Riley also issued estimates for NovaGold Resources' Q4 2025 earnings at ($0.06) EPS.

NG has been the subject of several other research reports. National Bankshares lifted their price target on NovaGold Resources from C$7.00 to C$10.00 and gave the company a "sector perform" rating in a report on Wednesday, September 10th. Citigroup upgraded NovaGold Resources to a "strong-buy" rating in a report on Tuesday, July 15th. Finally, Royal Bank Of Canada upgraded NovaGold Resources from a "hold" rating to a "moderate buy" rating in a report on Wednesday, June 4th. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of C$10.00.

NovaGold Resources Price Performance

NG opened at C$14.15 on Thursday. The stock has a market capitalization of C$5.76 billion, a price-to-earnings ratio of -54.42 and a beta of 1.28. The business has a 50-day moving average of C$9.08 and a two-hundred day moving average of C$6.64. NovaGold Resources has a 12 month low of C$3.22 and a 12 month high of C$14.16.

Insider Activity

In other NovaGold Resources news, Director Ethan Schutt bought 3,824 shares of the business's stock in a transaction on Monday, July 28th. The shares were bought at an average cost of C$7.17 per share, with a total value of C$27,399.34. 26.46% of the stock is currently owned by 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.

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