The Non-Executive of Novagold Resources New is Exercising Options


Yesterday it was reported that the Non-Executive of Novagold Resources New (NG), Kalidas V Madhavpeddi, exercised options to sell 39,762 NG shares for a total transaction value of $550.7K.

Following Kalidas V Madhavpeddi’s last NG Sell transaction on November 06, 2019, the stock climbed by 3.8%. In addition to Kalidas V Madhavpeddi, 3 other NG executives reported Sell trades in the last month.

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The company has a one-year high of $12.85 and a one-year low of $4.65. The Company has a Price to Book ratio of 30.20.

The insider sentiment on Novagold Resources New has been negative according to 292 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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NovaGold Resources, Inc. engages in the acquisition, exploration, and development of metal properties primarily located in Alaska and British Columbia. Its developments include Donlin Gold and Galore Creek projects. The company was founded by Gregory Shawn Johnson, John W. Chisholm, Macisaac G. Angus, Rick van Nieuwenhuyse, and Gerald James McConnell on December 5, 1984 and is headquartered Vancouver, Canada.

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