NovaGold Resources Director Gillyeard J. Leathley Sells 3,000 Shares (NG)
NovaGold Resources (NYSE:NG) Director Gillyeard J. Leathley unloaded 3,000 shares of the stock on the open market in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $3.34, for a total transaction of $10,020.00. Following the transaction, the director now directly owns 53,276 shares of the company’s stock, valued at approximately $177,942. The sale was disclosed in a document filed with the SEC, which is available at this link.
NovaGold Resources (NYSE:NG) traded up 4.33% during mid-day trading on Tuesday, hitting $3.13. The stock had a trading volume of 1,735,963 shares. NovaGold Resources has a one year low of $1.90 and a one year high of $4.87. The stock’s 50-day moving average is $2.49 and its 200-day moving average is $2.47. The company’s market cap is $991.1 million.
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.
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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