NovaGold Resources is trading at $5.44, down 4.6%, extending weakness following its recent Q2 2026 earnings miss.
- The company reported a larger-than-expected loss and higher spending on the Donlin Gold project, which previously triggered a double-digit drop in share price.
- Today’s move appears to be continued digestion of the negative update as investors react to rising costs and the earnings shortfall rather than a fresh catalyst.