NovaGold Resources Director Igor Levental Sells 25,666 Shares (NG)
NovaGold Resources (NYSE:NG) Director Igor Levental sold 25,666 shares of NovaGold Resources stock on the open market in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $2.97, for a total value of $76,228.02. Following the completion of the transaction, the director now directly owns 20,870 shares in the company, valued at approximately $61,984. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Separately, analysts at RBC Capital cut their price target on shares of NovaGold Resources from $7.00 to $3.50 in a research note to investors on Monday, November 11th. They now have a “sector perform” rating on the stock.
Shares of NovaGold Resources (NYSE:NG) traded down 2.88% during mid-day trading on Friday, hitting $2.70. The stock had a trading volume of 1,767,521 shares. NovaGold Resources has a 52 week low of $1.90 and a 52 week high of $5.03. The stock’s 50-day moving average is $2. and its 200-day moving average is $2.42. The company’s market cap is $854.9 million.
NovaGold Resources Inc (NYSE:NG) is a precious metals company, which is engaged in the exploration and development of mineral properties in Alaska, the United States and British Columbia, Canada.
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