Novagold Resources (NG) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- —
- Estimate
- -$0.08
- Surprise
- —
- Score today
- 4.3/10
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.
Coverage in the report window
- Stock Market: Will S&P 500 Open Up or Down Today? — benzinga, 2026-10-08
- Morgan Stanley Maintains Overweight on Novagold Resources, Lowers Price Target to $13 — benzinga, 2026-10-07
Where TrendMatrix's rating stands now
TrendMatrix currently rates NG Sell at 4.3/10; no pre/post engine snapshot brackets this report.
1 of the last 4 quarters beat the estimate.
What argues against it
- Concentration risk — Product: Donlin Gold project
- Quality below floor (1.5 < 4.0)
- Value-trap signals (3/5): Revenue declining (-5.2% YoY), High leverage (D/E 26.4), Material insider selling (7 sells, 0.07% of cap)
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.
The levels TrendMatrix's engine tracks
- Current price
- $6.36
- Price target
- $10.97
- Stop
- $6.01
- Upside to target
- +72.5%
- Reward-to-risk
- 6.8:1
Risk check: RSI 28 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-10-08 — shown for context, not personalized investment advice.
NG at TrendMatrix's latest read
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
- $2.79B
- P/E (fwd)
- -32.7
- 52-week range
- $5.08–$14.40
- Off 52-week high
- 55.8%
- RSI (14)
- 28
- Volume vs avg
- 0.78×
- Score today
- 4.3/10