NovaGold Resources (NYSEAMERICAN:NG – Get Free Report) (TSE:NG) is projected to announce its earnings results before the market opens on Tuesday, April 1st. Analysts expect the company to announce earnings of ($0.06) per share for the quarter.
NovaGold Resources Stock Performance
Shares of NYSEAMERICAN NG opened at $2.95 on Friday. NovaGold Resources has a fifty-two week low of $2.75 and a fifty-two week high of $4.88. The stock has a market capitalization of $987.22 million, a P/E ratio of -22.69 and a beta of 1.05. The business has a 50 day simple moving average of $3.20.
Analysts Set New Price Targets
Separately, National Bank Financial upgraded NovaGold Resources to a “hold” rating in a research note on Friday, March 21st.
About NovaGold Resources
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.
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