What is Scotiabank’s Estimate for TSE:NG FY2026 Earnings?

NovaGold Resources Inc. (TSE:NG) – Analysts at Scotiabank issued their FY2026 earnings per share estimates for NovaGold Resources in a report released on Wednesday, February 11th. Scotiabank analyst F. Costanzo anticipates that the company will post earnings per share of ($0.34) for the year. Scotiabank currently has a “Strong-Buy” rating on the stock. Scotiabank also issued estimates for NovaGold Resources’ FY2027 earnings at ($0.33) EPS.

NovaGold Resources (TSE:NG) last released its quarterly earnings results on Thursday, January 22nd. The company reported C($0.05) EPS for the quarter.

A number of other equities research analysts also recently issued reports on the company. National Bank Financial raised NovaGold Resources from a “sector perform” rating to an “outperform” rating and set a C$15.00 price target on the stock in a research report on Thursday, October 30th. BMO Capital Markets raised NovaGold Resources to a “strong-buy” rating in a research note on Tuesday, November 4th. Three research analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the company’s stock. Based on data from MarketBeat.com, NovaGold Resources currently has an average rating of “Strong Buy” and a consensus target price of C$18.00.

NovaGold Resources Stock Up 5.7%

TSE NG opened at C$14.63 on Monday. The firm has a 50-day moving average price of C$13.66 and a two-hundred day moving average price of C$12.01. NovaGold Resources has a 12-month low of C$3.22 and a 12-month high of C$16.27. The company has a market capitalization of C$6.41 billion, a P/E ratio of -58.52 and a beta of 2.15.

Insiders Place Their Bets

In other news, Director Dawn Patricia Whittaker bought 4,000 shares of the company’s stock in a transaction on Wednesday, February 4th. The stock was purchased at an average cost of C$12.79 per share, for a total transaction of C$51,160.00. Following the completion of the transaction, the director owned 4,000 shares of the company’s stock, valued at C$51,160. This trade represents a ∞ increase in their ownership of the stock. 26.46% of the stock is owned by corporate insiders.

NovaGold Resources Company Profile

Novagold Resources Inc is a mineral exploration company engaged in the exploration and development of mineral properties. The company owns 50% of the Donlin Gold project, which is located in southwestern Alaska, approximately 20 kilometers north of the village of Crooked Creek on the Kuskokwim River.