NovaGold Resources Inc. (NG) Insider Gregory A. Lang Sells 5,778 Shares
NovaGold Resources Inc. (NYSEAMERICAN:NG) (TSE:NG) insider Gregory A. Lang sold 5,778 shares of the stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $3.84, for a total transaction of $22,187.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Shares of NovaGold Resources Inc. (NYSEAMERICAN NG) traded down $0.07 on Tuesday, hitting $3.76. 1,088,987 shares of the stock traded hands, compared to its average volume of 2,194,949. NovaGold Resources Inc. has a 52 week low of $3.76 and a 52 week high of $6.21.
Several institutional investors and hedge funds have recently made changes to their positions in the company. FMR LLC increased its stake in shares of NovaGold Resources by 5.0% during the 2nd quarter. FMR LLC now owns 24,090,234 shares of the mining company’s stock worth $109,231,000 after purchasing an additional 1,156,249 shares during the last quarter. Van ECK Associates Corp grew its stake in NovaGold Resources by 1.5% in the 3rd quarter. Van ECK Associates Corp now owns 14,537,045 shares of the mining company’s stock valued at $59,893,000 after buying an additional 211,838 shares during the last quarter. Vanguard Group Inc. grew its stake in NovaGold Resources by 7.1% in the 2nd quarter. Vanguard Group Inc. now owns 4,855,202 shares of the mining company’s stock valued at $22,140,000 after buying an additional 322,123 shares during the last quarter. Kopernik Global Investors LLC acquired a new position in NovaGold Resources in the 3rd quarter valued at $10,889,000. Finally, Point72 Europe London LLP acquired a new position in NovaGold Resources in the 2nd quarter valued at $11,557,000.
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About NovaGold Resources
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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