JPMorgan upgraded NovaGold Resources (MKT:NG) from Neutral to Overweight in a report released today.
- Updated: September 27, 2016
Having a price of $5.49, NovaGold Resources (MKT:NG) traded -0.36% lower on the day. With the last stock price close down -8.62% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. The company has recorded a 50-day moving average of $5.83 and a 200-day moving average of $6.01. 989,341 shares of NG traded, down from an average trading volume of 2,431,610
JPMorgan has upgraded NovaGold Resources (MKT:NG) from Neutral to Overweight in a report released on 9/27/2016.
NovaGold Resources has with a 52 week low of $3.05 and a one year high of $7.29 and has a total market value of $0.
Brief Synopsis On NovaGold Resources (MKT:NG)
Novagold Resources Inc. is a mineral exploration company. The Company is engaged in the exploration and development of mineral properties. The Company's segment is involved in the exploration and development of mineral properties. The Company is focused on advancing permitting of the Donlin Gold project in Alaska. The Donlin Gold property is located in southwestern Alaska, approximately 20 kilometers north of the village of Crooked Creek on the Kuskokwim River. The Company holds interests in the Galore Creek copper-gold-silver project in British Columbia, Canada. The Galore Creek property comprises approximately 293,840 acres. The Company also holds interests in Copper Canyon Resources Ltd., an exploration company whose principal asset is its interest in the Copper Canyon copper-gold-silver property that is adjacent to the Galore Creek project. The Company does not produce gold or any other minerals.
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