NovaGold Resources (TSE:NG) Reaches New 52-Week High at $6.08

NovaGold Resources Inc. (TSE:NGGet Free Report)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as C$6.08 and last traded at C$6.08, with a volume of 140139 shares. The stock had previously closed at C$5.78.

NovaGold Resources Trading Up 7.3 %

The stock has a market capitalization of C$2.07 billion, a PE ratio of -30.42 and a beta of 0.88. The firm has a fifty day moving average price of C$4.85.

NovaGold Resources Company Profile

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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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