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Stock impact report

Novagold Resources Inc (TSX:NG) Reports Fiscal Year 2023 Financial Results [Yahoo! Finance]

Novagold Resources Inc. (NG) 
NASDAQ:AMEX Investor Relations: novagold.com
Company Research Source: Yahoo! Finance
Net Loss : The company reported a decreased net loss of $46.8 million for the fiscal year 2023 compared to $53.3 million in the previous year. Operational Highlights : Successful completion of fieldwork and geotechnical drilling for the Alaska Dam Safety certificate applications at the Donlin Gold project. Permitting : Progress in maintaining existing permits and advancing towards securing outstanding state permits. Community Engagement : Continued commitment to community wellness, education, and environmental initiatives in the Y-K region. Management Team : Promoted Richard Williams as COO and welcomed Ben Machlis as VP General Counsel. 2024 Outlook : Anticipated expenditures of approximately $31.2 million, with a focus on advancing the Donlin Gold project towards a construction decision. Warning! GuruFocus has detected 1 Warning Sign with TSX:NG. On January 24, 2024, Novagold Resources Inc (TSX:NG) released its 8-K filing , detailing the fiscal year 2023 financial res Show less Read more
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