Gregory Anthony Lang Sells 34,254 Shares of NovaGold Resources Inc. (NG) Stock

NovaGold Resources Inc. (TSE:NG) (AMEX:NG) insider Gregory Anthony Lang sold 34,254 shares of the firm’s stock in a transaction on Monday, November 5th. The stock was sold at an average price of C$5.43, for a total value of C$185,999.22.

Shares of NG opened at C$5.26 on Thursday. NovaGold Resources Inc. has a 52-week low of C$4.33 and a 52-week high of C$6.47.

NovaGold Resources (TSE:NG) (AMEX:NG) last issued its earnings results on Tuesday, October 2nd. The mining company reported C($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C($0.04) by C$0.01.

Separately, JPMorgan Chase & Co. cut their target price on NovaGold Resources from C$9.10 to C$8.00 in a research note on Friday, October 5th.

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About NovaGold Resources

Novagold Resources Inc is a mineral exploration company. The Company is engaged in the exploration and development of mineral properties. The Company’s segments include the Donlin Gold project in Alaska, the United States and the Galore Creek project in British Columbia, Canada. The Company operates in the gold mining industry, primarily focused on advancing permitting of the Donlin Gold project in Alaska.

Further Reading: Why do company’s buyback their stock?

Insider Buying and Selling by Quarter for NovaGold Resources (TSE:NG)

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