NovaGold Resources (NYSEAMERICAN:NG – Get Free Report) (TSE:NG) will likely be announcing its earnings results before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of ($0.02) per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.
NovaGold Resources Stock Performance
Shares of NG opened at $3.30 on Wednesday. The company has a market cap of $1.10 billion, a P/E ratio of -25.38 and a beta of 1.06. NovaGold Resources has a twelve month low of $2.22 and a twelve month high of $4.88.
Analysts Set New Price Targets
Separately, Citigroup upgraded NovaGold Resources to a “strong-buy” rating in a report on Thursday, October 3rd.
NovaGold Resources Company Profile
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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