NOVAGOLD reports Q3 net loss $11.1M; cash and term deposits $130M

NOVAGOLD RESOURCES INC

Net loss of $11.1M ($0.03 diluted loss) vs $16.1M loss a year ago, driven by lower Donlin Gold expenses.
Cash and term deposits $130M as of Aug 31, 2023, up from $125.9M, including $25M Newmont note payment.
Completed 2023 field program; geotechnical drilling (1,840m) and hydrogeologic drilling (1,279m) for dam safety and mine planning.
Permitting progress: air quality reissued, water rights upheld, ADEC 401 certification reaffirmed, ROW appeals denied.
FY 2023 expenditure outlook ~$32M (up $1M) for additional mining studies; $18M for Donlin Gold share.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.85

NOVAGOLD RESOURCES INC reported financial results for the fiscal quarter ended August 31, 2023.

Period: the fiscal quarter ended August 31, 2023
Result: reported results

Exact text from the filing

On October 3, 2023, NOVAGOLD Resources Inc. (“we” or the “Company”) issued a press release announcing our financial results for the fiscal quarter ended August 31, 2023

View on SEC.gov

171 earnings releases filed in the last 30 days. Browse all earnings releases →

NOVAGOLD RESOURCES INC filing history →

Source: SEC EDGAR

accession 0001171843-23-006024

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.