NovaGold announces Q3 earnings per share of 4 cents, compared to 3 cents in the previous year.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 01 2025
0mins
Should l Buy NG?
Project Development and Future Plans: CEO Gregory Long highlighted the new ownership structure and the focus on maximizing Donlin Gold's value, with upcoming milestones including awarding the BFS contract and initiating a drilling program for resource exploration.
Recruitment and Stakeholder Engagement: The company is prioritizing hiring for key roles and actively engaging with government representatives and Alaska Native Corporation landowners to ensure smooth development and operation processes.
Commitment to Transparency: Long emphasized the importance of transparent communication with stakeholders and expressed gratitude for the support received from shareholders, the investment community, and the NOVAGOLD team during a pivotal period.
Partnership and Strategic Goals: The company is excited to advance the Donlin Gold project in collaboration with partners, aiming to accelerate progress and achieve strategic goals with renewed determination.
Discover Tomorrow's Bullish Stocks Today
Analyst Views on NG
Wall Street analysts forecast NG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NG is 13.96 USD with a low forecast of 10.90 USD and a high forecast of 17.44 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
4 Buy
0 Hold
0 Sell
Strong Buy
Current: 8.730
Low
10.90
Averages
13.96
High
17.44
Current: 8.730
Low
10.90
Averages
13.96
High
17.44
About NG
NOVAGOLD Resources Inc. is a precious metals company. The Company is focused on the development of the Donlin Gold project. The Donlin Gold property is located in the Kuskokwim region of southwestern Alaska on private, Alaska Native-owned mineral and surface land and Alaska state mining claims. The Donlin Gold deposits are situated at approximately 62 North latitude and 158 West longitude, which is 450 kilometers (km) west of Anchorage and 250 km northeast of Bethel up the Kuskokwim River. The Donlin Gold project is located in the historic Kuskokwim Gold Belt of Southwest Alaska, 10 miles north of the village of Crooked Creek, and is managed by Donlin Gold LLC, which is owned by NOVAGOLD and Paulson Advisers LLC.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Gold Prices Soar to New Heights, Exceeding $5,300 an Ounce Before FOMC Meeting
Market Surge: Spot gold prices have surged above $5,300, setting new records in the market.
FOMC Meeting Anticipation: The increase in gold prices comes ahead of the upcoming Federal Open Market Committee (FOMC) meeting.
See More
Spot Silver Reaches All-Time High of $115.13/Oz, Surging More Than 11%
Record High for Silver Prices: Silver prices have reached a record high of $115.13 per ounce, marking a significant increase.
Percentage Increase: The price of silver has risen over 11% recently, contributing to its record-setting value.
See More
Spot silver briefly surpassed $100 per ounce before retreating to $99.93.
- Silver Price Movement: Silver prices rose above $100 per ounce during intraday trading.
- Price Adjustment: Following the peak, prices slightly decreased to $99.93 per ounce.
See More
NovaGold Reports $15.6M Q4 Loss, Increases Donlin Gold Stake to 60%
- Financial Performance: NovaGold reported a net loss of $15.6 million in Q4 2025, an increase of $4.7 million from the previous year, indicating challenges in cost management and profitability that may affect investor confidence.
- Capital Raising: The company raised $259.6 million in fiscal 2025 through public offerings and private placements, enhancing financial stability and ensuring funding for ongoing operations and project development.
- Acquisition Progress: NovaGold acquired an additional 10% stake in Donlin Gold for $210.1 million, increasing its ownership to 60%, which will help enhance its control and potential returns from America's largest gold mine project.
- Project Development: The feasibility study for the Donlin Gold project is expected to take 18 months, and despite facing slight increases in strip ratio and rising administrative costs, the long-term economic potential of the project remains promising, especially against a backdrop of rising gold prices.
See More
NovaGold Resources Reports FY GAAP EPS of -$0.25, Missing Estimates
- Earnings Report: NovaGold Resources reported a FY GAAP EPS of -$0.25, missing market expectations by $0.01, indicating challenges in profitability that could impact investor confidence.
- Drilling Results: The company announced high-grade drilling results from the Donlin project, which may enhance future resource assessments and improve the project's economic viability.
- Legal Victory: NovaGold secured a key court ruling in Alaska, potentially providing legal support for its operations in the region and reducing future legal risks.
- Market Sentiment: Seeking Alpha's Quant Rating reflects cautious market sentiment towards NovaGold's future performance, prompting investors to monitor how the company addresses its current financial challenges.
See More
NovaGold Resources (NG) to Announce FY Earnings on January 22, Expected EPS Loss of $0.25
- Earnings Announcement Schedule: NovaGold Resources is set to release its FY earnings on January 22 before market open, with a consensus EPS estimate of a $0.25 loss, reflecting a significant 78.6% year-over-year decline that may negatively impact investor sentiment.
- Earnings Performance: Over the past two years, NovaGold has failed to meet any EPS or revenue estimates, indicating ongoing challenges in profitability that could pressure its stock price.
- Estimate Revision Dynamics: In the last three months, EPS estimates have seen two upward revisions with no downward adjustments; however, market confidence in its profitability remains weak, reflecting investor caution regarding future performance.
- Market Rating Changes: BMO has initiated an Outperform rating on NovaGold, citing the Donlin project being built at an 'ideal time', suggesting that despite current financial struggles, the long-term potential is still viewed positively.
See More
Gold Prices Soar to New Heights, Exceeding $5,300 an Ounce Before FOMC Meeting
Market Surge: Spot gold prices have surged above $5,300, setting new records in the market.
FOMC Meeting Anticipation: The increase in gold prices comes ahead of the upcoming Federal Open Market Committee (FOMC) meeting.
See More
Spot Silver Reaches All-Time High of $115.13/Oz, Surging More Than 11%
Record High for Silver Prices: Silver prices have reached a record high of $115.13 per ounce, marking a significant increase.
Percentage Increase: The price of silver has risen over 11% recently, contributing to its record-setting value.
See More
Spot silver briefly surpassed $100 per ounce before retreating to $99.93.
- Silver Price Movement: Silver prices rose above $100 per ounce during intraday trading.
- Price Adjustment: Following the peak, prices slightly decreased to $99.93 per ounce.
See More
NovaGold Reports $15.6M Q4 Loss, Increases Donlin Gold Stake to 60%
- Financial Performance: NovaGold reported a net loss of $15.6 million in Q4 2025, an increase of $4.7 million from the previous year, indicating challenges in cost management and profitability that may affect investor confidence.
- Capital Raising: The company raised $259.6 million in fiscal 2025 through public offerings and private placements, enhancing financial stability and ensuring funding for ongoing operations and project development.
- Acquisition Progress: NovaGold acquired an additional 10% stake in Donlin Gold for $210.1 million, increasing its ownership to 60%, which will help enhance its control and potential returns from America's largest gold mine project.
- Project Development: The feasibility study for the Donlin Gold project is expected to take 18 months, and despite facing slight increases in strip ratio and rising administrative costs, the long-term economic potential of the project remains promising, especially against a backdrop of rising gold prices.
See More
NovaGold Resources Reports FY GAAP EPS of -$0.25, Missing Estimates
- Earnings Report: NovaGold Resources reported a FY GAAP EPS of -$0.25, missing market expectations by $0.01, indicating challenges in profitability that could impact investor confidence.
- Drilling Results: The company announced high-grade drilling results from the Donlin project, which may enhance future resource assessments and improve the project's economic viability.
- Legal Victory: NovaGold secured a key court ruling in Alaska, potentially providing legal support for its operations in the region and reducing future legal risks.
- Market Sentiment: Seeking Alpha's Quant Rating reflects cautious market sentiment towards NovaGold's future performance, prompting investors to monitor how the company addresses its current financial challenges.
See More
NovaGold Resources (NG) to Announce FY Earnings on January 22, Expected EPS Loss of $0.25
- Earnings Announcement Schedule: NovaGold Resources is set to release its FY earnings on January 22 before market open, with a consensus EPS estimate of a $0.25 loss, reflecting a significant 78.6% year-over-year decline that may negatively impact investor sentiment.
- Earnings Performance: Over the past two years, NovaGold has failed to meet any EPS or revenue estimates, indicating ongoing challenges in profitability that could pressure its stock price.
- Estimate Revision Dynamics: In the last three months, EPS estimates have seen two upward revisions with no downward adjustments; however, market confidence in its profitability remains weak, reflecting investor caution regarding future performance.
- Market Rating Changes: BMO has initiated an Outperform rating on NovaGold, citing the Donlin project being built at an 'ideal time', suggesting that despite current financial struggles, the long-term potential is still viewed positively.
See More
