Insider Selling: NovaGold Resources Inc. (NG) Director Sells 122,824 Shares of Stock
NovaGold Resources Inc. (TSE:NG) (AMEX:NG) Director Nieuwenhuyse Rick Van sold 122,824 shares of the firm’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of C$5.01, for a total value of C$615,348.24.
Shares of NovaGold Resources Inc. (TSE NG) traded down C$0.06 during midday trading on Tuesday, hitting C$4.80. The company had a trading volume of 132,368 shares, compared to its average volume of 274,464. NovaGold Resources Inc. has a 52 week low of C$4.79 and a 52 week high of C$8.15.
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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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