NG

NovaGold's stock has been volatile over the past six months due to several events. In October 2026, the company reported a wider fiscal third-quarter net loss of $36 million, or $0.08 per share, exceeding analysts' expectations due to increased expenditures at the Donlin Gold project and higher corporate general and administrative expenses, leading to a 14.1% stock decline. In July 2026, NovaGold announced an all-share transaction to acquire Paulson Advisers LLC's 40% interest in the Donlin Gold project, aiming for 100% ownership to streamline development and financing, which is expected to close by year-end 2026 and increase attributable annual gold production. The company also raised its fiscal 2026 operating expenditure guidance by $11.5 million to approximately $110.0 million, primarily due to acquisition-related professional fees. NovaGold's share price has been volatile, with a 29.31% fall over the last 12 months, and shareholders experienced a 31% increase in shares outstanding due to dilution.