Novagold Resources Inc. – Consensus Indicates Potential 151.9% Upside

Broker Ratings

Novagold Resources Inc. with ticker code (NG) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘None’. The target price ranges between 28 and 11 and has a mean target at 19.5. Now with the previous closing price of 7.74 this indicates there is a potential upside of 151.9%. The 50 day MA is 7.05 and the 200 day MA is 8.34. The company has a market capitalisation of $2,564m. You can visit the company’s website by visiting: http://www.novagold.com

NovaGold Resources Inc. explores for and develops gold mineral properties in the United States. It primarily owns 50% interest in the Donlin Gold project consisting of 493 mining claims covering an area of 71,420 acres located in the Kuskokwim region of southwestern Alaska. The company was formerly known as NovaCan Mining Resources (1985) Limited and changed its name to NovaGold Resources Inc. in March 1987. NovaGold Resources Inc. was founded in 1984 and is based in Vancouver, Canada.

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