NovaGold Resources Inc. (TSE:NG – Get Free Report) dropped 0.5% during trading on Monday . The stock traded as low as C$4.05 and last traded at C$4.20. Approximately 280,173 shares changed hands during mid-day trading, an increase of 12% from the average daily volume of 250,994 shares. The stock had previously closed at C$4.22.
Analyst Ratings Changes
Separately, National Bank Financial raised shares of NovaGold Resources to a “hold” rating in a research report on Friday, March 21st.
View Our Latest Analysis on NovaGold Resources
NovaGold Resources Price Performance
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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