NovaGold Resources (NG) Trading Up 1.1%
NovaGold Resources Inc. (TSE:NG) (AMEX:NG) was up 1.1% during trading on Monday . The stock traded as high as C$4.49 and last traded at C$4.43. Approximately 89,841 shares were traded during trading, a decline of 67% from the average daily volume of 273,043 shares. The stock had previously closed at C$4.38.
In other news, Director Nieuwenhuyse Rick Van sold 122,824 shares of the company’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of C$5.01, for a total value of C$615,348.24. Also, insider Gregory Anthony Lang sold 5,778 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of C$4.88, for a total value of C$28,196.64. Over the last quarter, insiders have sold 174,602 shares of company stock valued at $881,812.
About NovaGold Resources
Novagold Resources Inc is a mineral exploration company. The Company is engaged in the exploration and development of mineral properties. The Company’s segments include the Donlin Gold project in Alaska, the United States and the Galore Creek project in British Columbia, Canada. The Company operates in the gold mining industry, primarily focused on advancing permitting of the Donlin Gold project in Alaska.
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