Novagold Resources Inc. which can be found using ticker (NG) have now 2 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 12 and 10 calculating the average target price we see $11.00. Given that the stocks previous close was at $6.11 and the analysts are correct then we can expect a percentage increase in value of 80.0%. There is a 50 day moving average of $5.97 and the 200 day moving average is $5.34. The market cap for the company is $2,091m. Visit the company website at: https://www.novagold.com
The potential market cap would be $3,764m based on the market consensus.
NovaGold Resources Inc. explores for and develops gold mineral properties in the United States. Its principal asset is the Donlin Gold project consisting of 493 mining claims covering an area of approximately 29,008 hectares 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 incorporated in 1984 and is based in Vancouver, Canada.
The company is not paying dividends at this time.
