On Tuesday, Novagold Resources Inc (AMEX: NG) was -2.08% drop from the session before settling in for the closing price of $3.37. A 52-week range for NG has been $2.22 – $4.88.
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When this article was written, the company’s average yearly earnings per share was at 7.14%. With a float of $245.19 million, this company’s outstanding shares have now reached $334.25 million.
The firm has a total of 13 workers. Let’s measure their productivity. In terms of profitability, gross margin is -119.39%, operating margin of -296627.07%, and the pretax margin is -442578.31%.
Novagold Resources Inc (NG) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Novagold Resources Inc stocks. The insider ownership of Novagold Resources Inc is 26.72%, while institutional ownership is 57.48%. The most recent insider transaction that took place on Nov 30 ’23, was worth 45,649. In this transaction Director of this company sold 10,947 shares at a rate of $4.17, taking the stock ownership to the 49,875 shares. Before that another transaction happened on Nov 29 ’23, when Company’s President and CEO sold 46,335 for $4.21, making the entire transaction worth $195,070. This insider now owns 9,635 shares in total.
Novagold Resources Inc (NG) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 8/31/2024, it has been observed that the corporation posted -0.03 earnings per share (EPS) during the time that was less than consensus figure (set at -0.02) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.14% per share during the next fiscal year.
Novagold Resources Inc (AMEX: NG) Trading Performance Indicators
You can see what Novagold Resources Inc (NG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 29.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.14, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach -0.08 in one year’s time.
Technical Analysis of Novagold Resources Inc (NG)
Analysing the last 5-days average volume posted by the [Novagold Resources Inc, NG], we can find that recorded value of 1.91 million was better than the volume posted last year of 1.74 million. As of the previous 9 days, the stock’s Stochastic %D was 24.81%. Additionally, its Average True Range was 0.16.
During the past 100 days, Novagold Resources Inc’s (NG) raw stochastic average was set at 3.66%, which indicates a significant decrease from 10.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.34% in the past 14 days, which was lower than the 56.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.80, while its 200-day Moving Average is $3.49. Now, the first resistance to watch is $3.39. This is followed by the second major resistance level at $3.48. The third major resistance level sits at $3.56. If the price goes on to break the first support level at $3.23, it is likely to go to the next support level at $3.15. Now, if the price goes above the second support level, the third support stands at $3.06.
Novagold Resources Inc (AMEX: NG) Key Stats
There are 334,567K outstanding shares of the company, which has a market capitalization of 1.53 billion. As of now, sales total 0 K while income totals -46,800 K. Its latest quarter income was 0 K while its last quarter net income were -10,740 K.
