NovaGold Resources (TSE:NG) Shares Down 1%

NovaGold Resources Inc. (TSE:NGGet Free Report)’s stock price traded down 1% during mid-day trading on Wednesday . The company traded as low as C$4.90 and last traded at C$4.90. 178,106 shares changed hands during trading, a decline of 29% from the average session volume of 249,510 shares. The stock had previously closed at C$4.95.

NovaGold Resources Stock Performance

The business has a 50-day moving average of C$4.55. The company has a market capitalization of C$1.60 billion, a price-to-earnings ratio of -25.26 and a beta of 0.88.

NovaGold Resources (TSE:NGGet Free Report) last released its earnings results on Wednesday, April 3rd. The company reported C($0.04) earnings per share for the quarter.

About NovaGold Resources

(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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