Novagold posts Q3 loss; holds $343.4M cash
Novagold Resources reported Q3 2026 results including EPS of ($0.08), cash and term deposits of about $343.4M, and Q3 operational cash use of $28.1M. The company said the Donlin Gold 40% acquisition is expected to close by year-end, with the BFS scheduled for 2027.
Story updates
12:03:26 PM UTC
SquawkNews
NOVAGOLD filed its Form 10-Q for the third quarter ended August 31, 2026, reporting cash and term deposits of approximately $343.4 million and a net loss of ($36.0) million for the quarter. The company recorded net third quarter operational cash expenditures of $28.1 million and said professional f…
12:09:50 PM UTC
SquawkNews
OverviewOutlookResult DriversCompany press release:Key DetailsAnalyst CoverageReuters Recommended ReadsFor questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.(This story was created using…
12:11:32 PM UTC
SquawkNews
NOVAGOLD Resources Inc reported a third-quarter 2026 loss, with net income of $(36.0)M and diluted EPS of $(0.08), a larger loss and wider EPS decline versus the year—ago quarter driven by increased Donlin Gold expenditures and higher G&A.Financial HighlightsBusiness HighlightsOriginal SEC Filing…
08). The company said it expects the Donlin Gold 40% acquisition to close by year-end, with the BFS still on schedule for 2027.