NovaGold Resources Inc. (NYSEAMERICAN:NG) (TSE:NG) insider Gregory A. Lang sold 5,778 shares of the firm’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $3.84, for a total value of $22,187.52. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Shares of NovaGold Resources Inc. (NYSEAMERICAN NG) traded down $0.10 during midday trading on Thursday, reaching $3.40. The company’s stock had a trading volume of 2,198,314 shares, compared to its average volume of 2,196,085. NovaGold Resources Inc. has a 1-year low of $3.38 and a 1-year high of $6.21.

Several research analysts have commented on NG shares. BidaskClub downgraded NovaGold Resources from a “hold” rating to a “sell” rating in a report on Wednesday, August 9th. Zacks Investment Research raised NovaGold Resources from a “sell” rating to a “hold” rating in a research report on Thursday, September 7th.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Raymond James Financial Services Advisors Inc. boosted its position in NovaGold Resources by 1.3% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 22,705 shares of the mining company’s stock valued at $104,000 after acquiring an additional 300 shares in the last quarter. Exencial Wealth Advisors LLC boosted its position in shares of NovaGold Resources by 4.9% in the 2nd quarter. Exencial Wealth Advisors LLC now owns 27,800 shares of the mining company’s stock worth $127,000 after purchasing an additional 1,300 shares in the last quarter. Legal & General Group Plc boosted its position in shares of NovaGold Resources by 4.4% in the 2nd quarter. Legal & General Group Plc now owns 37,607 shares of the mining company’s stock worth $170,000 after purchasing an additional 1,584 shares in the last quarter. CIBC World Markets Inc. boosted its position in shares of NovaGold Resources by 10.5% in the 2nd quarter. CIBC World Markets Inc. now owns 144,158 shares of the mining company’s stock worth $657,000 after purchasing an additional 13,742 shares in the last quarter. Finally, Bank of Montreal Can boosted its position in shares of NovaGold Resources by 3.8% in the 2nd quarter. Bank of Montreal Can now owns 466,679 shares of the mining company’s stock worth $2,128,000 after purchasing an additional 17,194 shares in the last quarter.

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About NovaGold Resources

Novagold Resources Inc is a mineral exploration company. The Company is engaged in the exploration and development of mineral properties. The Company’s segments include the Donlin Gold project in Alaska, the United States and the Galore Creek project in British Columbia, Canada. The Company operates in the gold mining industry, primarily focused on advancing permitting of the Donlin Gold project in Alaska.

Insider Buying and Selling by Quarter for NovaGold Resources (NYSEAMERICAN:NG)

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