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The price of Novagold Resources Inc. (AMEX: NG) closed at $4.10 in the last session, down -3.07% from day before closing price of $4.23. In other words, the price has decreased by -$3.07 from its previous closing price. On the day, 1.09 million shares were traded. NG stock price reached its highest trading level at $4.17 during the session, while it also had its lowest trading level at $3.995.
Ratios:
We take a closer look at NG’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 1371167104 and an Enterprise Value of 1403672960.
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 -5.48%, while the 200-Day Moving Average is calculated to be 17.91%.
Shares Statistics:
According to the various share statistics, NG traded on average about 1.43M shares per day over the past 3-months and 1135950 shares per day over the past 10 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 57.55% stake in the company. Shares short for NG as of 1726185600 were 9021328 with a Short Ratio of 6.33, compared to 1723680000 on 9857826. Therefore, it implies a Short% of Shares Outstanding of 9021328 and a Short% of Float of 2.74.
