NovaGold Resources stock falls 2.28 percent as Donlin deal advances
Published on 09/30/2026 at 23:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
NovaGold Resources (ISIN CA6330671034) was trading at EUR 126.25 at Lang & Schwarz on September 30, 2026, down 2.28 percent from the prior close of EUR 129.20. The central company event is a planned transaction that would give NovaGold full ownership of the Donlin Gold project.
Donlin deal changes ownership
As Yahoo Finance reported on September 29, 2026, NovaGold expects to acquire Paulson's 40 percent interest in Donlin Gold, subject to regulatory approvals and an anticipated December closing. The consideration is expected to be paid in NovaGold shares at a discount to the implied value of the acquired interest.
The proposed structure would move NovaGold from a 50 percent interest to 100 percent ownership of the Alaska project. The same report says Donlin contains more than 45 million ounces of gold resources and has potential annual production exceeding 1 million ounces, giving the deal a much larger project-control angle than a routine asset purchase.
Losses keep the project risk visible
NovaGold's Q2 2026 net loss was USD 25.5 million, or USD 0.06 per share. Moomoo reported that the quarterly loss was USD 28.8 million lower than in the prior-year quarter, while Donlin Gold spending and general and administrative costs remained important uses of cash.
The company is still advancing a bankable feasibility study and financing work for Donlin. That makes the December transaction date and the project study timeline important checkpoints, because full ownership increases control while leaving permitting, construction financing and development execution as material risks.
Next results arrive October 8
GlobeNewswire published on September 24, 2026 that NovaGold will release its Q3 2026 financial results before market open on October 8, 2026, followed by an 11:00 a.m. ET conference call. The release identifies the company as listed on NYSE American and the Toronto Stock Exchange under NG.
Stock falls in late trading
NovaGold Resources stock was trading at EUR 126.25 at Lang & Schwarz at 10:58 p.m. CEST on September 30, 2026, down 2.28 percent versus the Lang & Schwarz prior close of EUR 129.20 on September 29, 2026. The finance snapshot put market capitalization at USD 2.9 billion and the 52-week range at USD 5.08 to USD 14.40 as of September 30, 2026.
NovaGold Resources stock snapshot
- Company: NovaGold Resources Inc.
- ISIN: CA6330671034
- Ticker: NG
- Primary exchange: NYSE American
- Price Lang & Schwarz (as of September 30, 2026, 10:58 p.m. CEST): EUR 126.25
- Change versus prior close: minus 2.28 percent
- Prior close Lang & Schwarz (September 29, 2026): EUR 129.20
- Market capitalization: USD 2.9 billion (as of September 30, 2026)
- 52-week range: USD 5.08-14.40 (as of September 30, 2026)
- Sector / Industry: Basic Materials / Gold
- Next earnings date: October 8, 2026
