Novagold Resources Inc. with ticker code (NG) now have 3 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 28 and 8 calculating the mean target price we have 15.33. Given that the stocks previous close was at 7.75 this indicates there is a potential upside of 97.8%. There is a 50 day moving average of 7.04 while the 200 day moving average is 7.34. The market cap for the company is $2,591m. You can visit the company’s website by visiting: https://www.novagold.com
The potential market cap would be $5,125m based on the market concensus.
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.
