Globe Newswire (Tue, 21-May 5:05 PM ET)
Biden administration seeks end to federal coal leasing in Powder River Basin
Seeking Alpha News (Fri, 17-May 7:30 PM ET)
Mining stocks starting to catch up to record breaking precious metals rally
Seeking Alpha News (Fri, 17-May 5:50 PM ET)
Benzinga (Fri, 17-May 10:11 AM ET)
NOVAGOLD Announces Date of its 2024 Virtual Annual General Meeting of Shareholders
Globe Newswire (Thu, 25-Apr 5:10 PM ET)
NOVAGOLD Releases 2023 Sustainability Report
Globe Newswire (Thu, 18-Apr 5:20 PM ET)
NOVAGOLD Reports First Quarter 2024 Financial Results
Globe Newswire (Wed, 3-Apr 5:16 PM ET)
Globe Newswire (Mon, 18-Mar 5:05 PM ET)
Novagold Resources Inc is a mineral exploration company engaged in the exploration and development of mineral properties. The company owns 50% of the Donlin Gold project, which is located in southwestern Alaska, approximately 20 kilometers north of the village of Crooked Creek on the Kuskokwim River.
Novagold Resources trades on the AMEX stock market under the symbol NG.
As of May 22, 2024, NG stock price climbed to $3.63 with 1,159,862 million shares trading.
NG has a beta of 0.22, meaning it tends to be less sensitive to market movements. NG has a correlation of 0.00 to the broad based SPY ETF.
NG has a market cap of $1.21 billion. This is considered a Small Cap stock.
In the last 3 years, NG stock traded as high as $10.45 and as low as $2.23.
The top ETF exchange traded funds that NG belongs to (by Net Assets): GDXJ, IWM, IWO, VTWO, SGDM.
NG stock has underperformed the market in the last year with a return of -32.3%, while SPY returned +28.5%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in NG shares. However, NG has outperformed the market in the last 3 month and 2 week periods, returning +51.9% and +19.0%, while SPY returned +7.1% and +2.7%, respectively. This indicates NG has been having a stronger performance recently.
NG support price is $3.45 and resistance is $3.69 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NG stock will trade within this expected range on the day.