NovaGold Resources Inc. (NYSEAMERICAN:NG) (TSE:NG) VP David A. Ottewell sold 38,385 shares of the firm’s stock in a transaction on Tuesday, July 16th. The stock was sold at an average price of $6.24, for a total value of $239,522.40. Following the transaction, the vice president now directly owns 662,265 shares of the company’s stock, valued at $4,132,533.60. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Shares of NYSEAMERICAN:NG opened at $6.53 on Friday. NovaGold Resources Inc. has a 12-month low of $3.41 and a 12-month high of $6.57.
NovaGold Resources (NYSEAMERICAN:NG) (TSE:NG) last announced its earnings results on Wednesday, June 26th. The mining company reported ($0.02) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.02).
Separately, Zacks Investment Research raised Golub Capital BDC from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a research report on Tuesday.
NovaGold Resources Company Profile
NovaGold Resources Inc primarily explores for and develops gold mineral properties in Canada and the United States. Its principal asset is the Donlin Gold property covering an area of 71,420 acres 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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