NovaGold Resources’ (NG) “Buy” Rating Reaffirmed at B. Riley
NovaGold Resources (TSE:NG) (AMEX:NG)‘s stock had its “buy” rating reaffirmed by investment analysts at B. Riley in a research report issued on Monday. B. Riley also issued estimates for NovaGold Resources’ Q4 2017 earnings at ($0.05) EPS, FY2017 earnings at ($0.17) EPS, Q1 2018 earnings at ($0.04) EPS, Q2 2018 earnings at ($0.03) EPS, Q3 2018 earnings at ($0.03) EPS, Q4 2018 earnings at ($0.03) EPS, FY2018 earnings at ($0.10) EPS and FY2019 earnings at ($0.09) EPS.
Shares of NovaGold Resources (TSE NG) opened at C$5.14 on Monday. NovaGold Resources has a twelve month low of C$4.33 and a twelve month high of C$8.15.
In other NovaGold Resources news, Director Nieuwenhuyse Rick Van sold 122,824 shares of NovaGold Resources stock in a transaction dated Friday, December 1st. The stock was sold at an average price of C$5.01, for a total transaction of C$615,348.24. Also, insider Gregory Anthony Lang sold 5,528 shares of NovaGold Resources stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of C$4.92, for a total value of C$27,197.76. In the last three months, insiders sold 174,602 shares of company stock valued at $881,812.
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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