NovaGold Resources (NG) to Release Earnings on Thursday

NovaGold Resources (NYSEAMERICAN:NG) (TSE:NG) is expected to be releasing its earnings data before the market opens on Thursday, January 23rd. Analysts expect NovaGold Resources to post earnings of ($0.02) per share for the quarter.

NovaGold Resources Stock Up 0.3 %

Shares of NYSEAMERICAN NG opened at $3.31 on Thursday. NovaGold Resources has a 1 year low of $2.22 and a 1 year high of $4.88. The stock has a market cap of $1.11 billion, a PE ratio of -25.46 and a beta of 1.07.

Wall Street Analysts Forecast Growth

Separately, Citigroup raised shares of 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.