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Closing Bell: Novagold Res Inc down on Wednesday (NG)

Automated Summaries - The Globe and Mail - Wed Aug 7, 4:01PM CDT

Today, Novagold Res Inc shares closed at $5.67 after opening the day at $6.19. prices ranged from $5.65 to $6.25.

Shares eased -6.74% from the previous day's close of $6.08.

Today across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

Novagold Res Inc traded under NG on the Toronto Stock Exchange (TSX).

Trading volume was 670,290 on 1,479 total trades. On average, Novagold Res Inc has traded 369,291 shares in the last five days and 251,037 year-to-date.

The TSX market on the whole today saw 1,858 price advancers against 3,319 declines and 108 unchanged.

During the prior 52 weeks, NG.TO has traded as high as $6.73 (July 24,2024) and low as $2.98 (February 08,2024). Moreover, the shares have eased -2.58 percent in 52 weeks, while in 2024, they have raised 14.55%.

It announced a 0.17 dividend on June 08/99, with an June 28/99 ex-date and January 01/70 pay day.

Following today's trading, Novagold Res Inc has a market capitalization of $2.03 billion on a float of 334,431 shares outstanding. Its annual EPS is $-0.13.

Novagold Res Inc is a TSX Gold company headquartered in Salt Lake City, USA.

Novagold Res Inc's average recommendation is "Moderate Buy" based on 3.00 analysts according to Zacks. Currently, there are 1 buy ratings and 2 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..