Pretty Bad Rating Given to Novagold Resources (AMEX:NG) By a BidaskScore

NovaGold Resources Inc. (NYSEAMERICAN:NG) Logo

Novagold Resources (AMEX:NG) Receives a Downgrade

The past rating for shares of Novagold Resources (AMEX:NG) is now invalid as BidaskScore has cut Novagold Resources (AMEX:NG)‘s stock rating to a Sell.

The stock increased 0.26% or $0.01 during the last trading session, reaching $3.87. About 737,470 shares traded. NovaGold Resources Inc. (AMEX:NG) has declined 1.50% since May 18, 2018 and is downtrending. It has underperformed by 5.87% the S&P500.

Analysts await NovaGold Resources Inc. (NYSEAMERICAN:NG) to report earnings on June, 26. They expect $-0.02 EPS, up 33.33 % or $0.01 from last year’s $-0.03 per share. After $-0.02 actual EPS reported by NovaGold Resources Inc. for the previous quarter, Wall Street now forecasts 0.00 % EPS growth.

NovaGold Resources Inc. explores and develops mineral properties in Canada and the United States. The company has market cap of $1.26 billion. The firm primarily explores for gold, silver, and copper deposits. It currently has negative earnings. It 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; and a 50% interest in the Galore Creek property, a copper-gold-silver project covering an area of 293,837 acres in northwestern British Columbia.

More notable recent NovaGold Resources Inc. (NYSEAMERICAN:NG) news were published by: Globenewswire.com which released: “NOVAGOLD Reports Second Quarter Results: Donlin Gold Final Environmental Impact Study Published, Key State Permits Received & Optimization Work Progressing as Planned – GlobeNewswire” on June 27, 2018, also Marketwatch.com with their article: “Five ways to profit from the cold winter just around the corner – MarketWatch” published on September 14, 2018, Forbes.com published: “Level Brands’ IPO Lists On The NYSE; How And Why They Switched To Regulation A+ – Forbes Now” on November 17, 2017. More interesting news about NovaGold Resources Inc. (NYSEAMERICAN:NG) were released by: Marketwatch.com and their article: “Here’s the math on how this new energy company’s stock could rise five-fold – MarketWatch” published on October 10, 2017 as well as Seekingalpha.com‘s news article titled: “Aytu BioScience, Inc. 10-K Sep. 6, 2018 4:30 PM – Seeking Alpha” with publication date: September 06, 2018.

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