Novagold Resources shares rise 4.60% intraday after TSX opens higher with mining shares.

Novagold Resources Inc. rose 4.60% intraday, despite the company reporting a widened fiscal Q2 loss. The TSX Composite Index, which includes Novagold, experienced fluctuations due to broader market conditions and geopolitical tensions. However, the overall rise in mining shares and the company's focus on the development of its Donlin Gold project in Alaska likely contributed to the stock's positive movement.