Featured Stock Update: Novagold Resources Inc. (NYSE:NG)


Novagold Resources Inc. (NYSE:NG) currently has a “Buy” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Buy” signal. 10 – 8 Day Moving Average Hilo Channel shows “Buy” signal. While 20-Day Moving Average VS Current Price shows “Buy” Signal.

Novagold Resources Inc. (NYSE:NG) gained 7.42 Percent and closed its previous trading session at $4.2. The stock traded with the average Volume of 1.34 Million at the end of last session.

Novagold Resources Inc. (NYSE:NG) has the Market Capitalization of 1.34 Billion. The Stock has its 52-week High of $5.05 and 52-Week Low of $3.35 and it touched its 52-week high on 05/04/18 and 52-Week Low on 12/08/17


The company reported its last earnings Actual EPS of $-0.03/share. While, the analyst predicted that the company could provide an EPS of $-0.04/share. Hence the difference between Predicted EPS and Actual EPS reported is $0.01/share which shows an Earnings Surprise of 25 Percent.

Sell side analysts plays vital role in buying and selling a stock where 0 analysts rated Novagold Resources Inc. (NYSE:NG) as Buy, 0 analysts given Outperform signal, 1 reported Hold, and 0 analysts rated the stock as Sell.

The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 10.86% where SMA50 and SMA200 are 9.27% and -0.66% respectively.

The company shows its Return on Assets (ROA) value of -31.8%. The Return on Equity (ROE) value stands at -46%. While it’s Return on Investment (ROI) value is 0%.

Novagold Resources Inc. (NYSE:NG) currently has a Weekly Volatility of 4.85% percent while its Monthly Volatility is at 4.25% percent. While talking about Performance of the Stock, Novagold Resources Inc. currently has a Weekly performance of 6.06%, monthly performance percentage is 12 percent, Quarterly performance is -2.1 percent, 6 months performance shows a percent value of -9.68% and Yearly Performance is -2.55 percent.

Company Profile:

NovaGold Resources is a gold and copper company engaged in the exploration and development of mineral properties in Alaska and Western Canada. The Company is rapidly moving to production at its hundred percent owned Nome Operations in Alaska, which includes Rock Creek, Big Hurrah and Nome Gold. NovaGold recently announced its partnership with Teck Cominco to build the Galore Creek copper-gold mine in northwestern British Columbia, with NovaGold and Teck Cominco each owning 50% of the project once Teck Cominco has completed its partnership requirements.