BidaskClub downgraded shares of Novagold Resources (NASDAQ:NG) from a sell rating to a strong sell rating in a research report released on Friday, BidAskClub reports.

Separately, B. Riley reissued a buy rating on shares of Novagold Resources in a report on Friday, January 25th.

NASDAQ NG traded up $0.01 during trading hours on Friday, reaching $3.87. 1,131,733 shares of the company traded hands, compared to its average volume of 1,246,937. Novagold Resources has a 12 month low of $3.41 and a 12 month high of $4.90.

Novagold Resources (NASDAQ:NG) last posted its quarterly earnings data on Tuesday, April 2nd. The company reported ($0.02) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.03) by $0.01.

About Novagold Resources

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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