NOVAGOLD reports Q2 net loss of $25.5M; cash position $370.2M; Donlin BFS on track

NOVAGOLD RESOURCES INC

Cash and term deposits of $370.2M as of May 31, 2026, down from $392.5M at Feb 28, 2026.
Q2 net loss of $25.5M ($0.06 EPS); cash used in operations $22.7M, including $16.3M at Donlin Gold.
FY 2026 expenditure guidance unchanged at $98.5M ($78.8M Donlin Gold, $19.7M corporate).
BFS update led by Fluor progressing with WSP, Worley, Hatch; targeted completion in 2027.
Alaska Supreme Court heard oral arguments on water quality certification; decision pending.

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