$-0.03 EPS Expected for NovaGold Resources Inc. (USA) (NG)

September 17, 2017 – By Louis Casey

Wall Street await NovaGold Resources Inc. (USA) (NYSEMKT:NG) to release earnings on October, 3. Analysts forecast earnings per share of $-0.03, down exactly $0.01 or 50.00 % from 2014’s $-0.02 EPS. After posting $-0.03 EPS for the previous quarter, NovaGold Resources Inc. (USA)’s analysts now forecast 0.00 % EPS growth. The stock decreased 1.43% or $0.06 on September 15, reaching $4.14. About 2.17M shares traded or 24.00% up from the average. NovaGold Resources Inc. (USA) (NYSEMKT:NG) has declined 29.36% since September 17, 2016 and is downtrending. It has underperformed by 46.06% the S&P500.

Novagold Resources Inc. is a mineral exploration company. The company has market cap of $1.36 billion. The Firm is engaged in the exploration and development of mineral properties. It currently has negative earnings. The Company’s divisions include the Donlin Gold project in Alaska, the United States and the Galore Creek project in British Columbia, Canada.