---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-26-002143"
form_type: "8-K"
ticker: "NG"
cik: "0001173420"
company_name: "NOVAGOLD RESOURCES INC"
filed_at: "2026-04-01T23:59:59+00:00"
generated_at: "2026-05-15T07:56:44.496821+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NOVAGOLD Q1 net loss $15.4M, cash $392.5M after $294M placement; BFS launched with Fluor

## Summary
- Net loss of $15.4M ($0.04 EPS); no revenue as development-stage company.
- Cash & term deposits $392.5M, up from $115.1M at Nov 30, 2025 after upsized bought deal private placement netting ~$294M.
- Bankable Feasibility Study (BFS) launched with Fluor as lead engineer; completion expected in 2027.
- Non-binding LOI signed with Glenfarne to evaluate natural gas supply from Alaska LNG pipeline for mine power.
- Alaska Supreme Court oral argument on CWA Section 401 challenge scheduled for April 8, 2026.

## SEC filing metadata
- accession: 0001171843-26-002143
- form_type: 8-K
- ticker: NG
- cik: 0001173420
- company_name: NOVAGOLD RESOURCES INC
- filed_at: 2026-04-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1173420/000117184326002143/0001171843-26-002143-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1173420/000117184326002143/f8k_040126.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-26-002143
- JSON: https://secwatch.observer/filing/0001171843-26-002143.json
- Plain text: https://secwatch.observer/filing/0001171843-26-002143.txt

## Key facts
- Earnings Releases
  NOVAGOLD RESOURCES INC reported the fiscal quarter ended February 28, 2026 results: net income ($15.4) million, EPS ($0.04).
  - Period: the fiscal quarter ended February 28, 2026
  - Net income: ($15.4) million
  - EPS: ($0.04)
  - Result: reported results
  source text: Gold project and $5.3 million in corporate general and administrative costs. As NOVAGOLD is a development-stage company with no production, the Company reported earnings of ($15.4) million and earnings per share of ($0.04) for the first fiscal quarter of 2026. NOVAGOLD’s results for the first quarter of 2026 reflect higher expenditures at Donlin Gold due
  evidence_url: https://www.sec.gov/Archives/edgar/data/1173420/000117184326002143/0001171843-26-002143-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.