NovaGold Resources (TSE:NG) Hits New 1-Year High at $6.28

NovaGold Resources Inc. (TSE:NGGet Free Report)’s stock price reached a new 52-week high on Tuesday . The company traded as high as C$6.28 and last traded at C$6.27, with a volume of 126311 shares changing hands. The stock had previously closed at C$6.13.

NovaGold Resources Trading Up 2.6 %

The company has a market capitalization of C$2.10 billion, a price-to-earnings ratio of -32.26 and a beta of 0.88. The firm’s 50 day simple moving average is C$5.05 and its 200-day simple moving average is C$4.30.

NovaGold Resources (TSE:NGGet Free Report) last announced its quarterly earnings data on Wednesday, June 26th. The company reported C($0.06) earnings per share for the quarter.

About NovaGold Resources

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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.

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