NovaGold Resources Inc. (TSE:NG) (AMEX:NG) Senior Officer David Ottewell sold 17,740 shares of the company’s stock in a transaction dated Monday, August 12th. The stock was sold at an average price of C$9.38, for a total transaction of C$166,401.20. Following the completion of the transaction, the insider now owns 562,266 shares in the company, valued at C$5,274,055.08.
David Ottewell also recently made the following trade(s):
- On Friday, August 9th, David Ottewell sold 10,676 shares of NovaGold Resources stock. The stock was sold at an average price of C$9.28, for a total transaction of C$99,073.28.
- On Thursday, July 18th, David Ottewell sold 40,536 shares of NovaGold Resources stock. The stock was sold at an average price of C$8.44, for a total transaction of C$342,123.84.
Shares of NG opened at C$9.37 on Friday. The company has a 50 day moving average price of C$8.21 and a 200-day moving average price of C$6.19. NovaGold Resources Inc. has a fifty-two week low of C$4.49 and a fifty-two week high of C$9.46. The stock has a market capitalization of $2.78 billion and a PE ratio of -28.39. The company has a debt-to-equity ratio of 66.84, a quick ratio of 75.66 and a current ratio of 76.65.
Separately, JPMorgan Chase & Co. upped their target price on shares of NovaGold Resources from C$8.00 to C$12.00 in a research note on Wednesday.
NovaGold Resources Company Profile
NovaGold Resources Inc explores for and develops mineral properties in Canada and the United States. The company primarily explores for gold, silver, and copper deposits. It primarily holds a 50% interest in the Donlin Gold property that covers an area of 71,420 acres located in the Kuskokwim region of southwestern Alaska.
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