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NovaGold Resources (NG) Soars: Stock Adds 6% in Session

Zacks Equity Research

NovaGold Resources Inc. NG was a big mover last session, as the company saw its shares nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 14.1% in the past one-month time frame.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

NovaGold Resources currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Novagold Resources Inc. Price

Novagold Resources Inc. Price | Novagold Resources Inc. Quote

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Investors interested in the Mining - Gold industry may consider Kirkland Lake Gold Ltd. KL, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is NG going up? Or down? Predict to see what others think:Up or Down

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Novagold Resources Inc. (NG) : Free Stock Analysis Report
 
Kirkland Lake Gold Ltd. (KL) : Free Stock Analysis Report
 
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Zacks Investment Research