The stock of Novagold Resources Inc (AMEX:NG) last traded at $4.15, up 12.16% from the previous session.
NG stock price is now 5.31% away from the 50-day moving average and 16.84% away from the 200-day moving average. The market capitalization of the company currently stands at $1.59B.
With the price target maintained at $7, RBC Capital Mkts recently Upgraded its rating from Sector Perform to Outperform for Novagold Resources Inc (AMEX: NG). , while ‘RBC Capital Mkts’ rates the stock as ‘Sector Perform’
In other news, Electrum Strategic Resources L, 10% Owner bought 13,333,334 shares of the company’s stock on May 09 ’25. The stock was bought for $50,000,002 at an average price of $3.75. Upon completion of the transaction, the 10% Owner now directly owns 92,902,813 shares in the company, valued at $385.55 million. A total of 30.60% of the company’s stock is owned by insiders.
During the past 12 months, Novagold Resources Inc has had a low of $2.26 and a high of $5.06. As of last week, the company has a debt-to-equity ratio of 0.97, a current ratio of 76.72, and a quick ratio of 76.72. The fifty day moving average price for NG is $3.9408 and a two-hundred day moving average price translates $3.5519 for the stock.
The latest earnings results from Novagold Resources Inc (AMEX: NG) was released for 2025-05-31. The company reported revenue of $12.28 million for the quarter, compared to $11.59 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.94 percent.
