NovaGold Resources Inc. (TSE:NG) Director Sells C$435,953.79 in Stock

NovaGold Resources Inc. (TSE:NG) (AMEX:NG) Director Anthony P. Walsh sold 56,691 shares of the firm’s stock in a transaction on Friday, June 28th. The stock was sold at an average price of C$7.69, for a total value of C$435,953.79.

Shares of NG opened at C$7.45 on Thursday. The company has a 50 day simple moving average of C$6.00. The company has a debt-to-equity ratio of 66.84, a current ratio of 76.65 and a quick ratio of 75.66. The firm has a market capitalization of $2.51 billion and a P/E ratio of -22.58. NovaGold Resources Inc. has a 52-week low of C$4.49 and a 52-week high of C$7.74.

NovaGold Resources (TSE:NG) (AMEX:NG) last released its quarterly earnings results on Tuesday, April 2nd. The mining company reported C($0.03) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C($0.04) by C$0.01. On average, equities research analysts predict that NovaGold Resources Inc. will post -0.05 EPS for the current fiscal year.

Separately, B. Riley reaffirmed a “buy” rating on shares of NovaGold Resources in a research report on Friday, April 12th.

NovaGold Resources Company Profile

NovaGold Resources Inc explores for and develops mineral properties in Canada and the United States. The company primarily explores for gold, silver, and copper deposits. It primarily holds a 50% interest in the Donlin Gold property that covers an area of 71,420 acres located in the Kuskokwim region of southwestern Alaska.

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

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