NovaGold Resources Inc. (NG) Insider Sells $32,809.98 in Stock
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.
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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