Novagold Resources (NG) Q3 2026 earnings — TrendMatrix coverage

Adjusted EPS

-$0.11

Estimate

-$0.08

Surprise

-44.0%

Score today

4.1/10

Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.

Novagold Resources (NG) reported a wider loss than forecast — adjusted EPS of -$0.11 against the -$0.08 estimate (a 44.0% shortfall).

• Novagold Resources Q3 2026 Earnings Call Transcript — benzinga, 2026-10-08
• Novagold Resources Q3 EPS $(0.08), Inline — benzinga, 2026-10-08
• Stock Market: Will S&P 500 Open Up or Down Today? — benzinga, 2026-10-08

TrendMatrix currently rates NG Sell at 4.1/10; no pre/post engine snapshot brackets this report.

1 of the last 4 quarters beat the estimate; this quarter's -44.0% surprise compares with a -9.2% four-quarter average. Next scheduled report: 2027-01-21.

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current price

$6.16

Price target

$11.14

Stop

$5.72

Upside to target

+81.0%

Reward-to-risk

7.5:1

Model outputs from TrendMatrix’s engine as of 2026-10-28 — shown for context, not personalized investment advice.

Materials producers report against the commodity cycle — realized-price capture and volume, not the EPS line, are the tells in a quarter like this.

Industry

Gold

Market cap

$2.78B

P/E (fwd)

-31.5

52-week range

$5.08–$14.40

Off 52-week high

57.3%

RSI (14)

48

Volume vs avg

0.32×

Score today

4.1/10