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Novagold: Fiscal 4Q Earnings Snapshot

VANCOUVER, British Columbia (AP) _ Novagold Resources Inc. (NG) on Wednesday reported a loss of $7.9 million in its fiscal fourth quarter.

On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 2 cents.

For the year, the company reported that its loss narrowed to $27.8 million, or 9 cents per share.

Novagold shares have dropped 1% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $8.86, more than doubling in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NG at https://www.zacks.com/ap/NG