In the Green: Novagold Resources Inc (NG) Closes at 3.66, Up/Down 2.23 from Previous Day

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In the latest session, Novagold Resources Inc (AMEX: NG) closed at $3.66 up 2.23% from its previous closing price of $3.58. In other words, the price has increased by $2.23 from its previous closing price. On the day, 0.69 million shares were traded. NG stock price reached its highest trading level at $3.73 during the session, while it also had its lowest trading level at $3.63.

Ratios:

For a deeper understanding of Novagold Resources Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 29.83 and its Current Ratio is at 29.83.

On December 19, 2017, B. Riley FBR Inc. started tracking the stock assigning a Buy rating and target price of $7.B. Riley FBR Inc. initiated its Buy rating on December 19, 2017, with a $7 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NG now has a Market Capitalization of 1224515328 and an Enterprise Value of 1267811968.

Stock Price History:

Over the past 52 weeks, NG has reached a high of $4.88, while it has fallen to a 52-week low of $2.22. The 50-Day Moving Average of the stock is -0.47%, while the 200-Day Moving Average is calculated to be 2.89%.

Shares Statistics:

For the past three months, NG has traded an average of 1.15M shares per day and 1138470 over the past ten days. A total of 334.25M shares are outstanding, with a floating share count of 245.22M. Insiders hold about 26.70% of the company’s shares, while institutions hold 57.69% stake in the company. Shares short for NG as of 1731628800 were 8557620 with a Short Ratio of 7.46, compared to 1728950400 on 9191180. Therefore, it implies a Short% of Shares Outstanding of 8557620 and a Short% of Float of 2.5999999.

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