Shares of NovaGold Resources Inc. (TSE:NG – Get Free Report) rose 1.9% during mid-day trading on Thursday . The stock traded as high as C$4.77 and last traded at C$4.77. Approximately 223,468 shares changed hands during trading, a decline of 5% from the average daily volume of 234,118 shares. The stock had previously closed at C$4.68.
NovaGold Resources Trading Up 1.9 %
The stock has a market capitalization of C$1.14 billion, a P/E ratio of -24.90 and a beta of 1.07. The firm’s fifty day moving average is C$4.74 and its 200-day moving average is C$5.19.
About NovaGold Resources
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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