NovaGold Resources Inc. (NYSEMKT:NG) (TSE:NG) insider Gregory A. Lang sold 8,022 shares of the stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $4.09, for a total transaction of $32,809.98. Following the sale, the insider now directly owns 1,402,506 shares of the company’s stock, valued at $5,736,249.54. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

NovaGold Resources Inc. (NYSEMKT NG) traded down $0.01 on Monday, hitting $4.16. 896,768 shares of the stock traded hands, compared to its average volume of 1,490,000. NovaGold Resources Inc. has a 12-month low of $3.78 and a 12-month high of $6.21.

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Several equities analysts have recently issued reports on NG shares. Zacks Investment Research upgraded shares of NovaGold Resources from a “sell” rating to a “hold” rating in a report on Thursday, September 7th. BidaskClub upgraded shares of NovaGold Resources from a “sell” rating to a “hold” rating in a report on Saturday, August 26th.

Institutional investors and hedge funds have recently bought and sold shares of the company. FMR LLC increased its holdings in NovaGold Resources by 5.0% in the 2nd quarter. FMR LLC now owns 24,090,234 shares of the mining company’s stock worth $109,231,000 after buying an additional 1,156,249 shares during the period. Van ECK Associates Corp grew its stake in shares of NovaGold Resources by 1.5% during the 3rd quarter. Van ECK Associates Corp now owns 14,537,045 shares of the mining company’s stock worth $59,893,000 after purchasing an additional 211,838 shares during the period. Vanguard Group Inc. grew its stake in shares of NovaGold Resources by 7.1% during the 2nd quarter. Vanguard Group Inc. now owns 4,855,202 shares of the mining company’s stock worth $22,140,000 after purchasing an additional 322,123 shares during the period. Kopernik Global Investors LLC acquired a new stake in shares of NovaGold Resources during the 3rd quarter worth approximately $10,889,000. Finally, Point72 Europe London LLP acquired a new stake in shares of NovaGold Resources during the 2nd quarter worth approximately $11,557,000.

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.

Insider Buying and Selling by Quarter for NovaGold Resources (NYSEMKT:NG)

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