In the last trading session, 1.91 million shares of the Novagold Resources Inc. (AMEX:NG) were traded, and its beta was 1.04. Most recently the company’s share price was $4.52, and it changed around $0.27 or 6.35% from the last close, which brings the market valuation of the company to $1.51B. NG currently trades at a discount to its 52-week high of $4.66, offering almost -3.1% off that amount. The share price’s 52-week low was $2.22, which indicates that the current value has risen by an impressive 50.88% since then. We note from Novagold Resources Inc.’s average daily trading volume that its 3-month average coming to 1.59 million.
Novagold Resources Inc. stock received a consensus recommendation rating of Buy, based on a mean score of 1.67. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended NG as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.
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Novagold Resources Inc. (AMEX:NG) trade information
Instantly NG has showed a green trend with a performance of 6.35% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently up 20.86% year-to-date, but still up 21.18% over the last five days. On the other hand, Novagold Resources Inc. (AMEX:NG) is 31.40% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $5.25, which translates to bulls needing to increase their stock price by 13.9% from its current value. Analyst projections state that NG is forecast to be at a low of $5.25 and a high of $5.25.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -6.70%.
NG Dividends
Novagold Resources Inc.’s next quarterly earnings report is expected to be released in August.
