NovaGold Resources Inc. (TSE:NG - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$8.37 and last traded at C$8.20, with a volume of 345001 shares. The stock had previously closed at C$8.03.
Analyst Ratings Changes
A number of equities research analysts have recently weighed in on the company. Citigroup raised NovaGold Resources to a "strong-buy" rating in a report on Tuesday, July 15th. Royal Bank Of Canada raised NovaGold Resources from a "hold" rating to a "moderate buy" rating in a research note on Wednesday, June 4th.
Get Our Latest Research Report on NG
NovaGold Resources Trading Down 3.3%
The business's fifty day moving average price is C$6.02 and its two-hundred day moving average price is C$5.14. The firm has a market cap of C$1.76 billion, a P/E ratio of -38.47 and a beta of 1.07.
About NovaGold Resources
(
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Novagold Resources Inc is a mineral exploration company engaged in the exploration and development of mineral properties. The company owns 50% of the Donlin Gold project, which is located in southwestern Alaska, approximately 20 kilometers north of the village of Crooked Creek on the Kuskokwim River.
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