Breaking News Instant updates and real-time market news.

NG

NovaGold

$6.74 /

-0.64 (-8.67%)

06:13
03/23/20
03/23
06:13
03/23/20
06:13

NovaGold says has sufficient funds to advance Donlin Gold

The company stated, in part, "NOVAGOLD's most important objective during this period is to secure the health and safety of its employees, partners, and contractors. As so many other companies have done, in recognition of the major threat posed by COVID-19, NOVAGOLD has implemented a wide-ranging set of policies at its offices in Salt Lake City and Vancouver, as well as at the Donlin Gold LLC office in Anchorage and Donlin Gold site, designed to ensure the safety and well-being of all employees and the people associated with them. In that regard, to reduce risk, our office employees have been asked to work from home, avoid all non-essential travel, adhere to good hygiene practices, and, if they must visit the office, engage in social distancing. NOVAGOLD and its partner Barrick Gold through Donlin Gold LLC have implemented a wide-ranging set of policies consistent with the State of Alaska's requirements, recommendations, and precautions for State activities and aimed at achieving the same objectives at the Donlin Gold project site: Screening all employees and contractors visiting the Donlin Gold project site prior to their departure for site and periodically during their stay. Should any individual exhibit any symptoms of illness, they will be evaluated to determine if they need to be isolated and evacuated from site; Increased housekeeping staff and implementing more frequent sanitization practices; Regularly conducting safety meetings designed to address sound hygiene and sanitization practices; and Requesting all employees to monitor their health and consult the site medic if feeling any symptoms of illness.In addition, Donlin Gold LLC has reached out to Calista Corporation and The Kuskokwim Corporation, Donlin Gold's Native Corporation partners and owners of the project's subsurface and surface rights, respectively, to offer help and assistance with COVID-19 related issues at this time of great need. While the 2020 drill program continues at this date, NOVAGOLD recognizes that the crisis is fluid and is monitoring the State of Alaska health recommendations and will make the necessary adjustments including pushing back the timeline for the remainder of the program. As befits a company whose corporate strategy is focused on maintaining the full integrity as well as enhancing the durability of its option value for shareholders, it should also be mentioned that, as the challenges posed by COVID-19 go beyond the physical health of a corporation's staff, we wish to assure our shareholders that the company's financial health remains exceptionally robust to weather the current crisis. A unique feature and benefit of being a NOVAGOLD shareholder is not only owning a piece of one of the rarest gold assets in the world but also a Company with a strong balance sheet and projected expenses that are comfortably within its means. NOVAGOLD has not needed to go back to the market in more than eight years to raise funds and is conservatively managed to avoid any need to seek financing in the near term. In 2020, we are projecting expenses of $31 million. With $148.5 million in cash and term deposits as of November 30, 2019, the management team can focus entirely on moving Donlin Gold forward while addressing the safety and health of our employees, contractors, partners and communities in which we operate without the distraction of needing to raise additional capital. We have a strong balance sheet, which does not include an additional $75 million expected to come from Newmont Mining next year, and $25 million more in 2023, or a further $75 million contingent payment on top of that which we could receive if and when the Galore Creek project owners approve a construction plan. Based on these commitments and projected needs, the company believes it has sufficient funds to advance Donlin Gold without the need to raise capital until markets, and indeed the rest of the world, are considerably healthier and a construction decision is made."

  • 02

    Apr

TODAY'S FREE FLY STORIES

Periodicals
European Fin Mins agree to EUR 540B COVID-19 stimulus, Bloomberg says » 16:43
04/09/20
04/09
16:43
04/09/20
16:43
FXE

Euro Currency Trust

$103.34 /

+0.71 (+0.69%)

, SPX

S&P 500

$0.00 /

+ (+0.00%)

, SPY

SPDR S&P 500 ETF Trust

$278.01 /

+3.91 (+1.43%)

European Union finance…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

General news
Fed Balance Sheet Level data reported » 16:42
04/09/20
04/09
16:42
04/09/20
16:42

Week of 4/8 Fed Balance…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

General news
Money Supply M2 Weekly Change data reported » 16:42
04/09/20
04/09
16:42
04/09/20
16:42

Week of 3/30 Money Supply…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

On The Fly
Fly Intel: Wall Street's top stories for Thursday » 16:39
04/09/20
04/09
16:39
04/09/20
16:39
DIS

Disney

$104.45 /

+3.47 (+3.44%)

, GE

General Electric

$7.12 /

-0.18 (-2.47%)

, SBUX

Starbucks

$73.88 /

+2.39 (+3.34%)

, BIG

Big Lots

$19.62 /

+3.86 (+24.49%)

, NLS

Nautilus

$3.74 /

+1.34 (+55.83%)

, VRAY

ViewRay

$2.66 /

-0.065 (-2.39%)

, EXTR

Extreme Networks

$2.85 /

-0.275 (-8.80%)

Stocks continued their…

Open Full Text

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Earnings
Simulations Plus reports Q2 EPS 12c, consensus 14c » 16:36
04/09/20
04/09
16:36
04/09/20
16:36
SLP

Simulations Plus

$36.12 /

+1.74 (+5.06%)

Reports Q2 revenue…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Hot Stocks
ADT Inc. discloses CEO tested positive for COVID-19 » 16:35
04/09/20
04/09
16:35
04/09/20
16:35
ADT

ADT Inc.

$5.35 /

+0.655 (+13.95%)

On April 9, 2020, ADT…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Hot Stocks
Manning & Napier reports preliminary AUM of $17.1B as of March 31 » 16:35
04/09/20
04/09
16:35
04/09/20
16:35
MN

Manning & Napier

$1.39 /

+0.09 (+6.92%)

The company announced…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

General news
Baker-Hughes Rig Count U.S. data reported » 16:35
04/09/20
04/09
16:35
04/09/20
16:35

Week of 4/10 Baker-Hughes…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

Hot Stocks
Qualstar to delist from Nasdaq » 16:34
04/09/20
04/09
16:34
04/09/20
16:34
QBAK

Qualstar

$2.47 /

+0.16 (+6.93%)

Qualstar will voluntarily…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

Hot Stocks
Owens & Minor to sell Movianto unit to Walden Group for $133M » 16:34
04/09/20
04/09
16:34
04/09/20
16:34
OMI

Owens & Minor

$6.09 /

+0.425 (+7.51%)

Owens & Minor entered…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Hot Stocks
Chesapeake sets April 14 as effective data for reverse stock split » 16:33
04/09/20
04/09
16:33
04/09/20
16:33
CHK

Chesapeake

$0.17 /

+0.0037 (+2.18%)

Chesapeake Energy…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Hot Stocks
REV Group to suspend dividend starting in Q2 » 16:33
04/09/20
04/09
16:33
04/09/20
16:33
REVG

REV Group

$4.38 /

+0.08 (+1.86%)

REV Group is providing an…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Hot Stocks
Shaw Communications withdraws FY20 guidance, suspends share repurchases » 16:33
04/09/20
04/09
16:33
04/09/20
16:33
SJR

Shaw Communications

$16.39 /

+0.105 (+0.64%)

"Recent developments…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Earnings
Shaw reports Q2 EPS C$0.32 vs C$0.30 last year » 16:32
04/09/20
04/09
16:32
04/09/20
16:32
SJR

Shaw Communications

$16.39 /

+0.105 (+0.64%)

Reports Q2 revenue…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Hot Stocks
VirTra awarded $1.6M contract » 16:31
04/09/20
04/09
16:31
04/09/20
16:31
VTSI

VirTra

$2.28 /

-0.02 (-0.87%)

VirTra has been awarded…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Periodicals
OPEC+ deal cuts daily oil production by 10M barrels, Bloomberg reports » 16:31
04/09/20
04/09
16:31
04/09/20
16:31
USO

United States Oil Fund

$4.97 /

-0.405 (-7.54%)

, SPX

S&P 500

$0.00 /

+ (+0.00%)

, SPY

SPDR S&P 500 ETF Trust

$278.01 /

+3.91 (+1.43%)

OPEC+ has tentatively…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Options
Preliminary option volume of 33.3M today » 16:30
04/09/20
04/09
16:30
04/09/20
16:30

Preliminary option volume…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

Hot Stocks
Vivint Smart Home draws down $100M on revolving credit facility » 16:26
04/09/20
04/09
16:26
04/09/20
16:26
VVNT

Vivint Smart Home

$10.91 /

-0.89 (-7.54%)

The company states:…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Conference/Events
PAVmed to host business news update conference call » 16:25
04/09/20
04/09
16:25
04/09/20
16:25
PAVM

PAVmed

$1.91 /

+0.01 (+0.53%)

Management holds a…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
Hot Stocks
Artisan Partners reports March AUM of $95.2B » 16:24
04/09/20
04/09
16:24
04/09/20
16:24
APAM

Artisan Partners

$22.83 /

+1.33 (+6.19%)

Artisan Partners reported…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Hot Stocks
Blizzard says 'too early to know' if BlizzCon 2020 will happen » 16:23
04/09/20
04/09
16:23
04/09/20
16:23
ATVI

Activision Blizzard

$60.35 /

-0.73 (-1.20%)

Blizzard said in a blog…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Hot Stocks
Boot Barn withdraws Q4, FY20 guidance » 16:21
04/09/20
04/09
16:21
04/09/20
16:21
BOOT

Boot Barn

$15.96 /

+0.18 (+1.14%)

As a result of lower…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Hot Stocks
Charles & Colvard provides COVID-19 business update » 16:21
04/09/20
04/09
16:21
04/09/20
16:21
CTHR

Charles & Colvard

$0.67 /

-0.0048 (-0.72%)

Charles & Colvard…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Hot Stocks
Anixter shareholders appove merger with Wesco » 16:20
04/09/20
04/09
16:20
04/09/20
16:20
WCC

Wesco

$26.45 /

+1.64 (+6.61%)

, AXE

Anixter

$89.77 /

+2.53 (+2.90%)

Wesco (WCC) provided an…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Options
Closing CBOE SPX and VIX Index summary for April 9th » 16:20
04/09/20
04/09
16:20
04/09/20
16:20
VIX

Volatility Index S&P 500 Options

$0.00 /

+ (+0.00%)

The CBOE Volatility Index…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.