NovaGold Resources (TSE:NG) Stock Price Up 2.1%

NovaGold Resources Inc. (TSE:NGGet Free Report)’s stock price was up 2.1% on Thursday . The stock traded as high as C$3.99 and last traded at C$3.97. Approximately 184,396 shares traded hands during trading, a decline of 32% from the average daily volume of 270,621 shares. The stock had previously closed at C$3.89.

Analysts Set New Price Targets

Separately, National Bank Financial restated an “outperform overweight” rating on shares of NovaGold Resources in a report on Wednesday, January 3rd.

Check Out Our Latest Research Report on NG

NovaGold Resources Stock Up 2.1 %

The company has a 50 day moving average of C$3.76. The company has a market capitalization of C$1.33 billion, a P/E ratio of -20.89 and a beta of 0.88.

NovaGold Resources (TSE:NGGet Free Report) last issued its quarterly earnings results on Wednesday, January 24th. The company reported C($0.04) earnings per share (EPS) for the quarter.

NovaGold Resources Company Profile

(Get Free Report)

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.

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