Tuesday, NovaGold Resources Inc. (NG.TO, NG) reported a third-quarter net loss of C$18.1 million or C$0.10 per share, compared to net income of C$1.6 million or C$0.02 per share in the year ago quarter.
Net revenues for the quarter were C$0.3 million, down from C$1.4 million in the comparable quarter last year. The decline was primarily due to lower interest income from lower interest rates.
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