NovaGold Resources Inc. (NYSEMKT:NG) (TSE:NG) VP David A. Ottewell sold 43,224 shares of the company’s stock in a transaction on Friday, July 21st. The stock was sold at an average price of $4.65, for a total value of $200,991.60. Following the sale, the vice president now owns 788,540 shares of the company’s stock, valued at $3,666,711. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

NovaGold Resources Inc. (NYSEMKT:NG) traded down 1.14% during mid-day trading on Tuesday, hitting $4.35. The stock had a trading volume of 2,517,820 shares. The firm’s 50-day moving average is $4.40 and its 200 day moving average is $4.76. The stock’s market cap is $1.40 billion. NovaGold Resources Inc. has a one year low of $3.78 and a one year high of $7.27.

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Large investors have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. increased its stake in NovaGold Resources by 65.9% in the second quarter. Russell Investments Group Ltd. now owns 1,349,757 shares of the mining company’s stock worth $6,155,000 after buying an additional 536,093 shares during the last quarter. Virtu Financial LLC bought a new stake in NovaGold Resources during the second quarter worth about $121,000. Bank of Montreal Can increased its stake in NovaGold Resources by 3.8% in the second quarter. Bank of Montreal Can now owns 466,679 shares of the mining company’s stock worth $2,128,000 after buying an additional 17,194 shares during the last quarter. Clearbridge Investments LLC increased its stake in NovaGold Resources by 0.9% in the first quarter. Clearbridge Investments LLC now owns 2,458,184 shares of the mining company’s stock worth $11,971,000 after buying an additional 20,780 shares during the last quarter. Finally, Credit Suisse AG increased its stake in NovaGold Resources by 31.2% in the first quarter. Credit Suisse AG now owns 301,701 shares of the mining company’s stock worth $1,469,000 after buying an additional 71,754 shares during the last quarter.

A number of research firms have recently commented on NG. BidaskClub upgraded NovaGold Resources from a “sell” rating to a “hold” rating in a report on Friday, June 23rd. Zacks Investment Research downgraded NovaGold Resources from a “hold” rating to a “sell” rating in a report on Tuesday.

NovaGold Resources Company Profile

Novagold Resources Inc is a mineral exploration company. The Company is engaged in the exploration and development of mineral properties. The Company’s segments include the Donlin Gold project in Alaska, the United States and the Galore Creek project in British Columbia, Canada. The Company operates in the gold mining industry, primarily focused on advancing permitting of the Donlin Gold project in Alaska.

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