NovaGold Resources Inc. (TSE:NG – Get Free Report) shares traded up 1.9% during trading on Thursday . The stock traded as high as C$4.77 and last traded at C$4.77. 223,468 shares changed hands during trading, a decline of 5% from the average session volume of 234,118 shares. The stock had previously closed at C$4.68.
NovaGold Resources Price Performance
The company’s 50 day moving average price is C$4.74 and its 200 day moving average price is C$5.18. The firm has a market capitalization of C$1.07 billion, a P/E ratio of -23.33 and a beta of 1.07.
NovaGold Resources Company Profile
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.
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