Novagold Resources Inc New (TSE:NG)

TSX:NG

Novagold Resources New

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Novagold Resources New (NG) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Jul 01, 2026

After Close (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

-0.05

Last Year’s EPS

-0.21

Same Quarter Last Year

Analyst Consensus

Strong Buy

Based on 5 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:Apr 01, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call emphasized strong project fundamentals (large, high‑grade resource, low operating costs, attractive NPV, BFS now underway) and a reinforced balance sheet after a sizable private placement. Near‑term negatives were higher quarterly losses and elevated project and G&A spending tied to BFS ramp‑up and winter camp costs, an outstanding state dam safety permit, and exploration that remains in early reconnaissance phase. Overall, the positive strategic and financial developments (BFS progression, robust treasury, strong partners, compelling project economics) outweigh the near‑term cost increases and permit/operational items.

Company Guidance

Management guided that the Donlin Gold bankable feasibility study (BFS) is now underway with Fluor and specialty firms engaged and is targeted to be completed within a 12–18 month window (management expects it wrapped up in 2027); Donlin contains roughly 40 million ounces of reserves and resources at a grade of ~2.25 g/t (about twice the industry average), occupies only ~5% of NOVAGOLD’s land package (3 km of an 8‑km mineralized belt), is projected to average >1.0 million oz/year over a 30‑year mine life (≈1.3M oz/year in the first 10 years), has estimated operating costs < $1,000/oz and an NPV of nearly $24 billion at a 5% discount at current gold prices. Financial metrics: Q1 FY2026 net loss was $15.4M (up $6.3M YoY), the company’s share of Donlin expenses was $3.9M higher in Q1, corporate G&A rose ~$3.9M (excluding financing, corporate G&A up $3.0M), NOVAGOLD’s share of Donlin funding rose $11.9M YoY, and treasury increased $277.4M to $392.5M after a private placement (proceeds earmarked for Donlin activities, prepayment of the Barrick promissory note and general corporate purposes). Permitting remains strong—federal permits are complete, the only outstanding state permit is dam safety/certification for tailings/water retention (design packages submitted and expected well before needed)—and operating cash expenditures in Q1 were in line with 2026 budget and guidance.

Large, High‑Grade Resource

Donlin holds ~40 million ounces of reserves and resources at 2.25 g/t — grade roughly twice the industry average — with known resources occupying only ~5% of the land package, indicating meaningful upside potential.

Robust Project Economics and Scale

At today's gold price the project yields an NPV of almost $24 billion (5% discount). Donlin is forecast to average >1.0 million oz/year over a 30‑year mine life and ~1.3 million oz/year in the first 10 years.

Low Project Operating Costs

High grade drives projected operating costs of less than $1,000 per ounce, supporting strong margin potential at current gold prices.

Bankable Feasibility Study (BFS) Underway

Fluor has been awarded the lead engineering role and specialist firms (Worley, Hatch, WSP) are engaged. Management expects the 12–18 month BFS clock has effectively started and targets completion of the bankable feasibility study in 2027.

Strong Treasury Position After Financing

Cash and equivalents increased by $277.4 million to $392.5 million at quarter end after a private placement — an increase of ~241% from the prior quarter balance — providing funding to complete the BFS, fund Donlin activities and to exercise the Barrick prepayment option.

Permitting Progress and Local Partnerships

Federal permits are complete and state permitting is nearing completion; only the dam safety certificates remain pending. Long‑term agreements and active engagement are in place with Native Alaskan partners (Calista and TKC) and local community programs are being advanced to prepare a workforce.

Potential Energy Solution (Gas Pipeline LOI)

NOVAGOLD has a nonbinding LOI with Glenfarne to evaluate North Slope gas supply into Cook Inlet — a potential game‑changer that could provide cheap, reliable long‑term natural gas for the project and improve economics.

Novagold Resources New (TSE:NG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TSE:NG Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 01, 2026	2026 (Q2)	-0.05 / -	-0.206	―	―	―
Apr 01, 2026	2026 (Q1)	-0.05 / -0.06	-0.043	-30.23% (-0.01)
Jan 22, 2026	2025 (Q4)	-0.04 / -0.04	-0.058	29.31% (+0.02)
Oct 01, 2025	2025 (Q3)	-0.05 / -0.06	-0.041	-36.59% (-0.01)
Jun 25, 2025	2025 (Q2)	-0.06 / -0.21	-0.055	-274.55% (-0.15)
Apr 01, 2025	2025 (Q1)	-0.06 / -0.04	-0.04	-7.50% (>-0.01)
Jan 23, 2025	2024 (Q4)	-0.06 / -0.06	-0.054	-7.41% (>-0.01)
Oct 02, 2024	2024 (Q3)	-0.03 / -0.04	-0.041	0.00% (0.00)
Jun 26, 2024	2024 (Q2)	-0.03 / -0.06	-0.053	-3.77% (>-0.01)
Apr 03, 2024	2024 (Q1)	-0.03 / -0.04	-0.04	0.00% (0.00)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:NG Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Apr 01, 2026	C$12.53	C$12.99	+3.67%
Jan 22, 2026	C$13.79	C$14.46	+4.86%
Oct 01, 2025	C$12.30	C$14.15	+15.04%
Jun 25, 2025	C$5.34	C$5.10	-4.49%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Novagold Resources Inc New (TSE:NG) report earnings?

Novagold Resources Inc New (TSE:NG) is schdueled to report earning on Jul 01, 2026, After Close (Confirmed).

What is Novagold Resources Inc New (TSE:NG) earnings time?

Novagold Resources Inc New (TSE:NG) earnings time is at Jul 01, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

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What is TSE:NG EPS forecast?

TSE:NG EPS forecast for the fiscal quarter 2026 (Q2) is -0.05.