Novagold Resources Inc (AMEX: NG) on Friday, soared 0.85% from the previous trading day, before settling in for the closing price of $3.55. Within the past 52 weeks, NG’s price has moved between $2.26 and $5.06.
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The company achieved an average annual earnings per share of 7.14%. With a float of $265.64 million, this company’s outstanding shares have now reached $334.65 million.
Let’s look at the performance matrix of the company that is accounted for 14 employees. 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
Observing investor behavior towards Gold industry stocks is more important than anything else. The insider ownership of Novagold Resources Inc is 30.56%, while institutional ownership is 49.72%. The most recent insider transaction that took place on May 09 ’25, was worth 50,000,002. In this transaction 10% Owner of this company bought 13,333,334 shares at a rate of $3.75, taking the stock ownership to the 92,902,813 shares.
Novagold Resources Inc (NG) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 7.14% 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
Novagold Resources Inc (NG) is currently performing well based on its current performance indicators. A quick ratio of 47.82 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.13, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.13 in one year’s time.
Technical Analysis of Novagold Resources Inc (NG)
Novagold Resources Inc (AMEX: NG) saw its 5-day average volume 3.96 million, a positive change from its year-to-date volume of 3.51 million. As of the previous 9 days, the stock’s Stochastic %D was 46.31%. Additionally, its Average True Range was 0.22.
During the past 100 days, Novagold Resources Inc’s (NG) raw stochastic average was set at 47.14%, which indicates a significant decrease from 51.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.39% in the past 14 days, which was lower than the 81.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.47, while its 200-day Moving Average is $3.56. Nevertheless, the first resistance level for the watch stands at $3.65 in the near term. At $3.71, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.79. If the price goes on to break the first support level at $3.50, it is likely to go to the next support level at $3.42. The third support level lies at $3.36 if the price breaches the second support level.
Novagold Resources Inc (AMEX: NG) Key Stats
Market capitalization of the company is 1.37 billion based on 399,720K outstanding shares. Right now, sales total 0 K and income totals -45,620 K. The company made 0 K in profit during its latest quarter, and -9,120 K in sales during its previous quarter.
