A new trading day began on Friday, with Novagold Resources Inc (AMEX: NG) stock price up 1.69% from the previous day of trading, before settling in for the closing price of $4.72. NG’s price has ranged from $2.26 to $5.06 over the past 52 weeks.
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A company in the Basic Materials sector has dropped its sales by -9.87% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -50.00%. With a float of $282.36 million, this company’s outstanding shares have now reached $399.72 million.
In an organization with 14 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
Novagold Resources Inc (NG) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Gold Industry. The insider ownership of Novagold Resources Inc is 30.61%, while institutional ownership is 46.75%. The most recent insider transaction that took place on Jun 30 ’25, was worth 41,000. In this transaction Director of this company bought 10,000 shares at a rate of $4.10, taking the stock ownership to the 22,348 shares. Before that another transaction happened on May 09 ’25, when Company’s 10% Owner bought 13,333,334 for $3.75, making the entire transaction worth $50,000,002. This insider now owns 92,902,813 shares in total.
Novagold Resources Inc (NG) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -50.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.01% during the next five years compared to -9.87% drop over the previous five years of trading.
Novagold Resources Inc (AMEX: NG) Trading Performance Indicators
Here are Novagold Resources Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 76.72.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.25, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.13 in one year’s time.
Technical Analysis of Novagold Resources Inc (NG)
Let’s dig in a bit further. During the last 5-days, its volume was 3.09 million. That was inferior than the volume of 3.77 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 93.62%.
During the past 100 days, Novagold Resources Inc’s (NG) raw stochastic average was set at 90.71%, which indicates a significant decrease from 96.36% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.23 in the past 14 days, which was higher than the 0.23 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.05, while its 200-day Moving Average is $3.57. However, in the short run, Novagold Resources Inc’s stock first resistance to watch stands at $4.87. Second resistance stands at $4.94. The third major resistance level sits at $5.03. If the price goes on to break the first support level at $4.70, it is likely to go to the next support level at $4.61. The third support level lies at $4.54 if the price breaches the second support level.
Novagold Resources Inc (AMEX: NG) Key Stats
With a market capitalization of 1.95 billion, the company has a total of 406,898K Shares Outstanding. Currently, annual sales are 0 K while annual income is -45,620 K. The company’s previous quarter sales were 0 K while its latest quarter income was -54,280 K.
