NG missed EPS expectations by 94.17%
Jun 26, 2024, 11:33 PM
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What does NG do
NovaGold Resources, Inc., a mineral exploration firm headquartered in Salt Lake City, Utah, focuses on developing the Donlin Gold project in Alaska, which it 50% owns with Barrick Gold Corporation. The Donlin Gold property, situated in southwestern Alaska's Kuskokwim region, was part of the company's IPO launched on 2003-12-02.
Novagold Resources (NG) reported a negative EPS surprise in its most recent quarterly earnings. For the most recent quarter, Novagold Resources's actual EPS was -$0.04, missing the estimate of -$0.02 per share, resulting in a -94.17% surprise.
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