Novagold Resources Inc. – Consensus Indicates Potential -22.4% Downside

Broker Ratings

Novagold Resources Inc. found using ticker (NG) have now 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 7.5 and 7 calculating the mean target price we have 7.25. With the stocks previous close at 9.34 this now indicates there is a potential downside of -22.4%. The day 50 moving average is 9.33 and the 200 moving average now moves to 9.61. The company has a market cap of $3,135m. Company Website:

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.

You can now share this on Stocktwits, just click the logo below and add the ticker in the text to be seen.

Share on Stocktwits

Good news travels fast (but only if you make that happen):

Share on twitter
Share on linkedin
Share on facebook
Share on email
Share on reddit

AIM All Share Index