NovaGold Resources (TSE:NG) Trading 8.8% Higher

NovaGold Resources Inc. (TSE:NGGet Free Report)’s share price traded up 8.8% during trading on Thursday . The company traded as high as C$5.08 and last traded at C$5.08. 37,900 shares changed hands during trading, a decline of 85% from the average session volume of 245,351 shares. The stock had previously closed at C$4.67.

NovaGold Resources Price Performance

The firm has a 50 day moving average price of C$4.59. The firm has a market cap of C$1.68 billion, a P/E ratio of -26.74 and a beta of 0.88.

NovaGold Resources (TSE:NGGet Free Report) last posted its quarterly earnings data on Wednesday, April 3rd. The company reported C($0.04) EPS for the quarter.

NovaGold Resources Company Profile

(Get Free Report)

NovaGold Resources Inc explores for and develops gold mineral properties in the United States. Its principal asset is the Donlin Gold project consisting of 493 mining claims covering an area of approximately 29,008 hectares located in the Kuskokwim region of southwestern Alaska. The company was formerly known as NovaCan Mining Resources (1985) Limited and changed its name to NovaGold Resources Inc in March 1987.

Further Reading

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