David Deisley Sells 42,231 Shares of NovaGold Resources Inc. (NG) Stock

NovaGold Resources Inc. (NYSEAMERICAN:NG) (TSE:NG) VP David Deisley sold 42,231 shares of the company’s stock in a transaction dated Tuesday, December 4th. The stock was sold at an average price of $3.80, for a total transaction of $160,477.80. Following the completion of the sale, the vice president now directly owns 871,312 shares of the company’s stock, valued at $3,310,985.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

David Deisley also recently made the following trade(s):

  • On Thursday, December 6th, David Deisley sold 7,000 shares of NovaGold Resources stock. The stock was sold at an average price of $3.82, for a total transaction of $26,740.00.
  • On Tuesday, October 23rd, David Deisley sold 66,028 shares of NovaGold Resources stock. The stock was sold at an average price of $4.28, for a total transaction of $282,599.84.
  • On Thursday, October 18th, David Deisley sold 30,400 shares of NovaGold Resources stock. The stock was sold at an average price of $4.29, for a total transaction of $130,416.00.

NYSEAMERICAN:NG opened at $3.92 on Friday. NovaGold Resources Inc. has a 1-year low of $3.35 and a 1-year high of $5.05.

NovaGold Resources (NYSEAMERICAN:NG) (TSE:NG) last released its quarterly earnings data on Tuesday, October 2nd. The mining company reported ($0.02) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.03) by $0.01.

Separately, Zacks Investment Research raised shares of NovaGold Resources from a “sell” rating to a “hold” rating in a research note on Thursday, October 4th.

Hedge funds have recently added to or reduced their stakes in the business. Cubist Systematic Strategies LLC purchased a new stake in shares of NovaGold Resources during the second quarter valued at about $153,000. Virtu Financial LLC lifted its position in shares of NovaGold Resources by 123.0% during the third quarter. Virtu Financial LLC now owns 34,650 shares of the mining company’s stock valued at $147,000 after buying an additional 19,110 shares during the last quarter. OLD Mission Capital LLC purchased a new stake in shares of NovaGold Resources during the second quarter valued at about $158,000. BlackRock Inc. lifted its position in shares of NovaGold Resources by 131.9% during the second quarter. BlackRock Inc. now owns 46,718 shares of the mining company’s stock valued at $208,000 after buying an additional 26,572 shares during the last quarter. Finally, Mackenzie Financial Corp purchased a new stake in shares of NovaGold Resources during the third quarter valued at about $177,000.

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About NovaGold Resources

NovaGold Resources Inc explores for and develops mineral properties in Canada and the United States. The company primarily explores for gold, silver, and copper deposits. It primarily holds a 50% interest in the Donlin Gold property that covers an area of 71,420 acres located in the Kuskokwim region of southwestern Alaska.

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