NovaGold Resources Inc. (NG) Upgraded by JPMorgan Chase & Co. to “Overweight”

JPMorgan Chase & Co. upgraded shares of NovaGold Resources Inc. (TSE:NG) from a neutral rating to an overweight rating in a report published on Tuesday.

Separately, Royal Bank Of Canada restated a sector perform rating on shares of NovaGold Resources in a research note on Tuesday, June 28th.

NovaGold Resources (TSE:NG) opened at 7.35 on Tuesday. The firm’s market cap is $2.35 billion. NovaGold Resources has a one year low of $4.05 and a one year high of $9.56. The company has a 50-day moving average of $7.54 and a 200 day moving average of $7.78.

In other NovaGold Resources news, insider Richard Williams sold 24,545 shares of NovaGold Resources stock in a transaction that occurred on Wednesday, July 6th. The stock was sold at an average price of C$9.35, for a total transaction of C$229,495.75.

NovaGold Resources Company Profile

Novagold Resources Inc is a mineral exploration company. The Company is engaged in the exploration and development of mineral properties. The Company’s segment is involved in the exploration and development of mineral properties. The Company is focused on advancing permitting of the Donlin Gold project in Alaska.

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