NovaGold Resources (TSE:NG - Get Free Report) was upgraded by research analysts at Citigroup to a "strong-buy" rating in a research note issued on Tuesday,Zacks.com reports.
A number of other equities analysts have also recently weighed in on NG. Royal Bank Of Canada upgraded NovaGold Resources from a "hold" rating to a "moderate buy" rating in a report on Wednesday, June 4th. National Bank Financial upgraded NovaGold Resources to a "hold" rating in a report on Friday, March 21st.
View Our Latest Research Report on NG
NovaGold Resources Trading Down 1.7%
TSE:NG traded down C$0.13 during trading hours on Tuesday, hitting C$7.37. The company had a trading volume of 521,684 shares, compared to its average volume of 422,672. The company has a 50-day moving average of C$5.73 and a 200 day moving average of C$5.04. The company has a market cap of C$1.76 billion, a P/E ratio of -38.47 and a beta of 1.07. NovaGold Resources has a 1 year low of C$3.22 and a 1 year high of C$7.65.
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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