NovaGold Resources (NG) to Release Quarterly Earnings on Wednesday

NovaGold Resources (TSE:NG) (AMEX:NG) is scheduled to release its earnings data after the market closes on Wednesday, January 24th. Analysts expect NovaGold Resources to post earnings of C($0.05) per share for the quarter.

Shares of NovaGold Resources (NG) opened at C$4.90 on Wednesday. NovaGold Resources has a 52 week low of C$4.33 and a 52 week high of C$8.15. The firm has a market capitalization of $1,560.00, a PE ratio of -35.00 and a beta of -0.32.

In other NovaGold Resources news, insider Gregory Anthony Lang sold 5,778 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of C$4.88, for a total transaction of C$28,196.64. Also, insider David Lee Deisley sold 17,202 shares of the company’s stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of C$5.27, for a total value of C$90,654.54. Insiders have sold a total of 173,886 shares of company stock valued at $878,067 in the last ninety days.

Separately, B. Riley reaffirmed a “buy” rating on shares of NovaGold Resources in a research report on Monday, December 18th.

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About NovaGold Resources

Novagold Resources Inc is a mineral exploration company. The Company is engaged in the exploration and development of mineral properties. The Company’s segments include the Donlin Gold project in Alaska, the United States and the Galore Creek project in British Columbia, Canada. The Company operates in the gold mining industry, primarily focused on advancing permitting of the Donlin Gold project in Alaska.

Earnings History for NovaGold Resources (TSE:NG)

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