Summary
• Novagold Resources Inc. shares fell 5.9% to $9.26 in after-hours trading, reflecting routine activity.
• The company reported a slight earnings miss, with a loss of -$0.03849, leading to a low earnings ranking score of 33.
• Analysts maintain a “Buy” rating, indicating potential investor support despite ongoing financial challenges.
Novagold Resources Inc. (NG) saw its shares decline 5.9% to a current price of $9.26 in after-hours trading, down from a previous close of $9.84. This price movement occurred without a clear catalyst, reflecting routine trading activity.
Recent Earnings Performance
In its most recent earnings report dated October 1, 2025, Novagold posted an actual earnings figure of -$0.03849, slightly missing the estimated loss of -$0.04. The current surprise of approximately -3.8% was a change from the previous quarter, where the company reported a loss of -$0.04 with no surprise. This consistent negative earnings result has led to a low earnings ranking score of 33, highlighting ongoing financial challenges.
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Market and Technical Picture
Currently, Novagold displays a 14-day RSI of 60.38, indicating that it is nearing overbought territory. The stock’s volatility metrics show a weekly volatility of 4.95 and monthly volatility of 5.22. With an average volume of approximately 2.9 million shares over the past 10 days, trading activity remains robust, although the current session’s volume of 122,860 reflects lower interest.
On the technical front, shares are trading significantly below their 200-day SMA of 67.12, while also indicating a shift in momentum compared to a 52-week low of 335.4. The stock has appreciated 180.3% year-to-date, although it has a notable three-year performance decline of 69.5%.
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Analyst Sentiment
Analysts maintain a “Buy” rating on Novagold, signaling optimism around the company’s longer-term potential despite current challenges. This positive sentiment may provide support for the stock as investors monitor upcoming developments.
With the recent price action occurring amid routine trading conditions, investors will be watching how the stock’s momentum develops in the next session, particularly given the lack of fresh catalysts in the market.