Wall Street analyst estimates for NovaGold Resources Inc. (NG): consensus price target and buy/hold/sell recommendations.
NovaGold Resources Inc. (NG) is an enterprise primarily engaged in the discovery and advancement of gold mining properties, with its operational focus predominantly within the United States. A central component of the company's assets is the Donlin Gold project, a significant holding situated in the Kuskokwim region of southwestern Alaska. This expansive site is comprised of 493 individual mining claims, collectively encompassing approximately 29,008 hectares.
Analyst Consensus
| Strong Buy | 0 |
| Buy | 6 |
| Hold | 0 |
| Sell | 0 |
| Strong Sell | 0 |
| Total analysts | 6 |
| Avg rating (−2 sell to +2 buy) | 1.00 |
Recent Earnings Surprises
| Date | EPS Actual | EPS Est. | vs Est. |
|---|---|---|---|
| 2027-01-28 | $-0.02 | ||
| 2026-10-08 | $-0.08 | $-0.07 | -21.9% |
| 2026-06-24 | $-0.06 | $-0.06 | +0.0% |
| 2026-04-01 | $-0.04 | $-0.06 | +33.3% |
| 2026-01-22 | $-0.03 | $-0.04 | +25.0% |
| 2025-10-01 | $-0.04 | $-0.04 | -13.2% |
| 2025-06-25 | $-0.15 | $-0.04 | -275.0% |
| 2025-04-01 | $-0.03 | $-0.04 | +25.0% |
Valuation Ratios
| Price / Book | 6.66 |
| Dividend Yield | 0.00% |
Income Statement (10y)
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost of Revenue | $32,595 | $34,376 | $21,368 | $15,008 | $7,262 | $6,864 | $6,753 | $9,957 | $21,399 | $25,378 |
| Gross Profit | -$32,595 | -$34,376 | -$21,368 | -$15,008 | -$7,262 | -$6,864 | -$6,753 | -$9,957 | -$21,399 | -$25,378 |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Selling, General & Admin | $19.9M | $21.0M | $17.9M | $16.3M | $19.4M | $19.8M | $19.4M | $21.7M | $24.2M | $14.7M |
| Operating Expenses | $19.9M | $21.0M | $17.9M | $16.3M | $19.4M | $19.8M | $19.4M | $21.7M | $24.2M | $47.3M |
| Operating Income | -$19.9M | -$21.0M | -$18.0M | -$16.3M | -$19.4M | -$19.8M | -$19.4M | -$21.7M | -$24.3M | -$47.3M |
| EBITDA | -$28.6M | -$31.7M | -$23.8M | -$8.7M | -$14.3M | -$17.5M | -$16.6M | -$33.5M | -$29.3M | -$79.0M |
| Interest Expense | $4.6M | $5.2M | $6.5M | $7.3M | $6.0M | $5.9M | $8.0M | $13.0M | $14.4M | $14.8M |
| Pre-tax Income | -$33.2M | -$37.0M | -$30.1M | -$26.5M | -$35.6M | -$39.6M | -$51.5M | -$46.6M | -$43.7M | -$94.7M |
| Income Tax | $273,605 | $310,396 | $510,912 | $1.3M | -$810,261 | $134,344 | -$31,839 | $38,833 | $704,241 | 0 |
| Net Income | -$33.4M | -$39.4M | -$31.7M | -$27.8M | -$34.8M | -$39.8M | -$51.5M | -$46.6M | -$44.4M | -$94.7M |
| EPS | -$0.11 | -$0.12 | -$0.35 | -$0.09 | -$0.10 | -$0.12 | -$0.16 | -$0.14 | -$0.13 | -$0.26 |
| EPS (Diluted) | -$0.11 | -$0.12 | -$0.35 | -$0.09 | -$0.10 | -$0.12 | -$0.16 | -$0.14 | -$0.13 | -$0.26 |
| Shares Outstanding (Diluted) | 319.8 M | 321.7 M | 322.5 M | 325.8 M | 329.3 M | 331.5 M | 333.2 M | 334.1 M | 334.5 M | 374.7 M |
Price
| Price | $5.88 (closing price, November 2, 2026) |
| Market Cap | $2.6B |
| Exchange | AMEX |
| Country | CA |
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Explore sector: Basic Materials · Gold
More sections of NG: Overview · Financials · Valuation · Statistics · Technical · Ownership · News · Events
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