Novagold Resources, Inc. (NG) Misses Q1 EPS by 1c

Novagold Resources, Inc. (NYSE: NG) reported Q1 EPS of ($0.03), $0.01 worse than the analyst estimate of ($0.02).

2018 Outlook

The Company continues to anticipate a total budget for the year of approximately $28 million, $14 million to fund our share of expenditures at the Donlin Gold project, including permitting costs of $9 million and project optimization work of $5 million, $3 million at the Galore Creek project, and $11 million for general and administrative costs.

For earnings history and earnings-related data on Novagold Resources, Inc. (NG) click here.

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