NovaGold Resources (NG) Receives “Buy” Rating from B. Riley
B. Riley restated their buy rating on shares of NovaGold Resources (TSE:NG) (AMEX:NG) in a report published on Monday. B. Riley also issued estimates for NovaGold Resources’ Q4 2017 earnings at ($0.05) EPS, FY2017 earnings at ($0.17) EPS, Q1 2018 earnings at ($0.04) EPS, Q2 2018 earnings at ($0.03) EPS, Q3 2018 earnings at ($0.03) EPS, Q4 2018 earnings at ($0.03) EPS, FY2018 earnings at ($0.10) EPS and FY2019 earnings at ($0.09) EPS.
Shares of NovaGold Resources (TSE:NG) opened at C$5.14 on Monday. NovaGold Resources has a 52 week low of C$4.33 and a 52 week high of C$8.15.
In other NovaGold Resources news, Director Nieuwenhuyse Rick Van sold 122,824 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of C$5.01, for a total transaction of C$615,348.24. Also, insider Gregory Anthony Lang sold 5,778 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of C$4.88, for a total value of C$28,196.64. Over the last quarter, insiders have sold 174,602 shares of company stock valued at $881,812.
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.
Receive News & Ratings for NovaGold Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NovaGold Resources and related companies with MarketBeat.com's FREE daily email newsletter.