NovaGold Resources Inc. (NG) Insider Sells C$643,256.40 in Stock

NovaGold Resources Inc. (TSE:NG) (AMEX:NG) insider David Ottewell sold 120,460 shares of the firm’s stock in a transaction that occurred on Thursday, October 11th. The shares were sold at an average price of C$5.34, for a total value of C$643,256.40.

David Ottewell also recently made the following trade(s):

  • On Tuesday, October 9th, David Ottewell sold 44,230 shares of NovaGold Resources stock. The shares were sold at an average price of C$5.20, for a total value of C$229,996.00.
  • On Wednesday, September 12th, David Ottewell sold 60,309 shares of NovaGold Resources stock. The shares were sold at an average price of C$4.85, for a total value of C$292,498.65.

NG stock traded down C$0.02 on Friday, reaching C$5.44. 243,672 shares of the company traded hands, compared to its average volume of 173,958. NovaGold Resources Inc. has a one year low of C$4.33 and a one year high of C$6.47.

Separately, JPMorgan Chase & Co. reduced their price objective on NovaGold Resources from C$9.10 to C$8.00 in a research report on Friday, October 5th.

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

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