NovaGold Resources Inc. (TSE:NG – Get Free Report) was up 6.2% during mid-day trading on Friday . The stock traded as high as C$5.17 and last traded at C$5.11. Approximately 433,333 shares changed hands during mid-day trading, an increase of 77% from the average daily volume of 244,268 shares. The stock had previously closed at C$4.81.
NovaGold Resources Trading Up 6.2 %
The company’s 50-day simple moving average is C$4.63 and its 200-day simple moving average is C$5.00. The stock has a market capitalization of C$1.22 billion, a price-to-earnings ratio of -26.68 and a beta of 1.07.
About NovaGold Resources
NovaGold Resources Inc explores for and develops gold mineral properties in the United States. Its principal asset is the Donlin Gold project consisting of 493 mining claims covering an area of approximately 29,008 hectares located in the Kuskokwim region of southwestern Alaska. The company was formerly known as NovaCan Mining Resources (1985) Limited and changed its name to NovaGold Resources Inc in March 1987.
Featured Articles
- Five stocks we like better than NovaGold Resources
- Low PE Growth Stocks: Unlocking Investment Opportunities
- Institutional Investors Bet $1B on These 4 Stocks—Should You?
- How to Short Nasdaq: An Easy-to-Follow Guide
- One Must-Buy Stock and One to Avoid as Tariffs Shake the Market
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- These 4 Tech ETFs Just Hit 50-Day Lows—Time to Buy?
Receive News & Ratings for NovaGold Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NovaGold Resources and related companies with MarketBeat.com's FREE daily email newsletter.
