Gregory A. Lang Sells 61,087 Shares of NovaGold Resources Inc. (NG) Stock
NovaGold Resources Inc. (NYSEAMERICAN:NG) (TSE:NG) insider Gregory A. Lang sold 61,087 shares of the business’s stock in a transaction on Monday, December 3rd. The shares were sold at an average price of $3.73, for a total transaction of $227,854.51. Following the sale, the insider now owns 1,738,022 shares of the company’s stock, valued at approximately $6,482,822.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
NG stock opened at $3.77 on Thursday. NovaGold Resources Inc. has a 1-year low of $3.35 and a 1-year high of $5.05.
NovaGold Resources (NYSEAMERICAN:NG) (TSE:NG) last released its earnings results on Tuesday, October 2nd. The mining company reported ($0.02) earnings per share for the quarter, beating the consensus estimate of ($0.03) by $0.01.
Separately, Zacks Investment Research lowered shares of NovaGold Resources from a “strong-buy” rating to a “hold” rating in a research note on Thursday.
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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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