NG, CA66987E2069

NovaGold plans full Donlin control. NovaGold stock trades EUR 5.86 versus EUR 5.79

Published on 10/05/2026 at 20:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Donlin holds more than 45 million ounces of gold resources. NovaGold stock costs EUR 5.86 after EUR 5.79, plus 1.21 percent on October 5, 2026.

NG, CA66987E2069, Illustration mit AI erstellt.

NovaGold Resources Inc. (CA66987E2069) was trading at EUR 5.86 at Lang & Schwarz on October 5, 2026 at 8:41 p.m. CEST, plus 1.21 percent versus the prior close of EUR 5.79. The company plans to acquire the remaining 40 percent of Donlin Gold and become the project's 100 percent owner, subject to approvals and an anticipated December closing, according to MarketBeat on September 29, 2026.

Donlin ownership reaches 100 percent

The transaction would consolidate control of a project with more than 45 million ounces of gold resources and potential annual production above 1 million ounces. The stake would be exchanged for NovaGold shares at a discount to implied value, while Paulson would receive two board appointments and voting rights below 20 percent.

Investing.com reported on September 28, 2026 that management expects the transaction to simplify governance and give NovaGold a single point of control. The project still requires remaining state permits, financing work and an updated feasibility study, keeping development execution central to the investment case.

Loss and liquidity shape the case

NovaGold reported a quarterly loss of USD 0.06 per share in its latest reported quarter, according to MarketBeat. That result contrasts with the scale of Donlin, where planned output above 1 million ounces a year would make project timing and funding more important than near-term earnings.

The company said it had USD 370 million in cash in the September 29 report. Management also identified a USD 170 million Barrick promissory note that can be retired for USD 100 million under the stated option, leaving liquidity as a measurable counter-factor to the development opportunity.

Third-quarter date is October 8

NovaGold has scheduled its 2026 third-quarter results before the market open on October 8, 2026, with a webcast and conference call at 11:00 a.m. ET, according to Market Chameleon. The release will give investors a fresh update on the Donlin transaction, feasibility work and the remaining permitting path.

NovaGold stock trades above prior close

At Lang & Schwarz, NovaGold stock was trading at EUR 5.86 on October 5, 2026 at 8:41 p.m. CEST, up 1.21 percent from the EUR 5.79 prior close. The primary listings are NYSE American and TSX, while the company operates in the Basic Materials sector and Gold industry.