NovaGold Resources (NYSEAMERICAN:NG) Posts Earnings Results, Hits Estimates

NovaGold Resources (NYSEAMERICAN:NG) (TSE:NG) posted its quarterly earnings data on Wednesday. The mining company reported ($0.02) EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.02), MarketWatch Earnings reports.

Shares of NG stock opened at $9.31 on Friday. The business’s fifty day moving average is $10.04 and its 200 day moving average is $10.58. The company has a quick ratio of 63.25, a current ratio of 63.25 and a debt-to-equity ratio of 0.94. The stock has a market cap of $3.08 billion, a price-to-earnings ratio of -93.10 and a beta of 0.64. NovaGold Resources has a twelve month low of $7.51 and a twelve month high of $12.85.

NG has been the topic of a number of recent research reports. B. Riley reissued a “buy” rating on shares of NovaGold Resources in a report on Friday, January 29th. Zacks Investment Research lowered NovaGold Resources from a “buy” rating to a “hold” rating in a research note on Thursday.

NovaGold Resources Company Profile

NovaGold Resources Inc explores for and develops gold mineral properties in the United States. It primarily owns 50% interest in the Donlin Gold project consisting of 493 mining claims covering an area of 71,420 acres 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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Earnings History for NovaGold Resources (NYSEAMERICAN:NG)

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