Aug. 13 at 3:20 PM
$NG
The company hasn't turned a profit yet, with a current EPS of CA$-0.22, raising concerns about its financial health.
Market fluctuations and regulatory challenges in the mining sector could affect project timelines and costs.
Relying on successful financing could expose the company to risks if capital markets tighten.
https://wealthawesome.com/novagold-resources-inc-surges-10-this-week-amid-financing-announcement