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News 2026-10-08 12:11 UTC

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.