Shares of NovaGold Resources Inc. (TSE:NG - Get Free Report) traded up 6.2% on Friday . The stock traded as high as C$5.17 and last traded at C$5.11. Approximately 433,333 shares changed hands during mid-day trading, an increase of 77% from the average daily volume of 244,268 shares. The stock had previously closed at C$4.81.
NovaGold Resources Trading Up 0.2 %
The stock has a fifty day moving average of C$4.63 and a two-hundred day moving average of C$4.98. The company has a market capitalization of C$1.12 billion, a PE ratio of -24.64 and a beta of 1.07.
About NovaGold Resources
(
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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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