Today it was reported that the Vice-President Engineering of Novagold Resources New (NG), Richard Williams, exercised options to sell 25,380 NG shares for a total transaction value of $252.8K.
In addition to Richard Williams, 10 other NG executives reported Sell trades in the last month. Following this transaction Richard Williams’ holding in the company was decreased by 5% to a total of $7 million.
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The company has a one-year high of $12.85 and a one-year low of $4.65. Currently, Novagold Resources New has an average volume of 550.51K. NG’s market cap is $3.36 billion and the company has a P/E ratio of -90.50.
The insider sentiment on Novagold Resources New has been negative according to 296 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.
