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In the latest session, Novagold Resources Inc. (AMEX: NG) closed at $3.72 up 0.81% from its previous closing price of $3.69. In other words, the price has increased by $0.81 from its previous closing price. On the day, 0.79 million shares were traded. NG stock price reached its highest trading level at $3.785 during the session, while it also had its lowest trading level at $3.68.
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 29.28 and its Current Ratio is at 29.28.
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.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 30 ’23 when MADHAVPEDDI KALIDAS V sold 10,947 shares for $4.17 per share. The transaction valued at 45,649 led to the insider holds 49,875 shares of the business.
Lang Gregory A. sold 46,335 shares of NG for $195,070 on Nov 29 ’23. The President and CEO now owns 9,635 shares after completing the transaction at $4.21 per share. On Nov 30 ’23, another insider, Lang Gregory A., who serves as the President and CEO of the company, sold 42,519 shares for $4.16 each. As a result, the insider received 176,879 and left with 9,635 shares of the company.
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 1244083328 and an Enterprise Value of 1276589312.
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 -12.09%, while the 200-Day Moving Average is calculated to be 7.37%.
Shares Statistics:
For the past three months, NG has traded an average of 1.56M shares per day and 1043710 over the past ten days. A total of 334.25M shares are outstanding, with a floating share count of 245.05M. Insiders hold about 26.73% of the company’s shares, while institutions hold 57.52% stake in the company. Shares short for NG as of 1723680000 were 9857826 with a Short Ratio of 6.33, compared to 1721001600 on 10513535. Therefore, it implies a Short% of Shares Outstanding of 9857826 and a Short% of Float of 2.9899999999999998.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$0.11 and -$0.13 for the fiscal current year, implying an average EPS of -$0.12. EPS for the following year is -$0.08, with 2.0 analysts recommending between -$0.07 and -$0.09.
