Novagold Res | 8-K: FY2025 Q3 Revenue: USD 0

Revenue: As of FY2025 Q3, the actual value is USD 0.

EPS: As of FY2025 Q3, the actual value is USD -0.04.

Cash and Term Deposits

• As of August 31, 2025, NovaGold Resources Inc. held $125 million in cash and term deposits, a decrease from $318.7 million as of May 31, 2025, primarily due to the completion of the Donlin Gold transaction and other financial activities.

Net Income

• NovaGold Resources Inc. reported a net loss of $15.6 million for the third quarter of 2025, with earnings per share of -$0.04.

Cash Flow

• Cash used in operating activities was $3.1 million lower in the third quarter of 2025 compared to the prior year period.

Total Assets and Liabilities

• Total assets as of August 31, 2025, were $345.4 million, while total liabilities were $168.3 million.

Outlook / Guidance

• NovaGold Resources Inc. anticipates awarding the Bankable Feasibility Study (BFS) contract before year-end and commencing work shortly thereafter. Additional results from the 2025 drilling program are expected to be released in the coming months, and an exploration program is planned to access additional resources and identify new district-wide targets. The company is also preparing to engage with various financing sources to support these activities.