Consensus analyst expectations point to a Q3 2026 loss of $0.08 per share on zero revenue, with the current stock price of $6.55 trading significantly below the average analyst target of $13.09. The defining story for this report is the proposed acquisition of Paulson Advisers’ 40% interest in the Donlin Gold project, a move that would consolidate 100% ownership under NovaGold. Investors are closely monitoring progress toward the November 3 special meeting and updates on the 2027 feasibility study timeline for the Alaska-based asset.
This corporate reorganization is viewed as a critical milestone for securing future project financing and advancing toward a final construction decision.