2 days Ago By Defense World Staff
Commonwealth Equity Services LLC lowered its stake in NovaGold Resources Inc. ( NYSEAMERICAN:NG – Free Report ) (TSE:NG) by 69.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor owned 10,115 shares of the mining company’s stock after selling 23,396 shares during the quarter. Commonwealth Equity Services LLC’s holdings in NovaGold Resources were worth $34,000 as of its most recent filing with the Securities and Exchange Commission. Several other institutional investors and hedge funds have also recently bought and sold shares of NG.
Lingotto Investment Management LLP lifted its holdings in shares of NovaGold Resources by 3.5% in the fourth quarter. Lingotto Investment Management LLP now owns 20,902,054 shares of the mining company’s stock valued at $69,604,000 after purchasing an additional 702,636 shares in the last quarter.
State Street Corp raised its position in NovaGold Resources by 5.0% during the third quarter. State Street Corp now owns 4,321,172 shares of the mining company’s stock valued at $17,717,000 after buying an additional 206,610 shares during the period.
Geode Capital Management LLC lifted its stake in NovaGold Resources by 0.3% in the 3rd quarter. Geode Capital Management LLC now owns 3,046,926 shares of the mining company’s stock worth $12,497,000 after acquiring an additional 9,629 shares in the last quarter.
Amundi lifted its stake in NovaGold Resources by 11.6% in the 4th quarter. Amundi now owns 2,414,702 shares of the mining company’s stock worth $8,138,000 after acquiring an additional 251,583 shares in the last quarter.
Finally, Wellington Management Group LLP boosted its position in NovaGold Resources by 20.5% during the 3rd quarter. Wellington Management Group LLP now owns 1,146,787 shares of the mining company’s stock worth $4,702,000 after acquiring an additional 195,117 shares during the period.
Institutional investors and hedge funds own 57.56% of the company’s stock. Analyst Upgrades and Downgrades Separately, National Bank Financial upgraded shares of NovaGold Resources to a “hold” rating in a research report on Friday, March 21st.
NovaGold Resources Stock Performance Shares of NYSEAMERICAN NG opened at $2.81 on Friday. The business’s 50-day simple moving average is $3.
06 and its 200-day simple moving average is $3.40. NovaGold Resources Inc.
has a 52 week low of $2.26 and a 52 week high of $4.88.
The firm has a market cap of $940.37 million, a price-to-earnings ratio of -21.62 and a beta of 1.
05. About NovaGold Resources ( Free Report ) NovaGold Resources Inc explores for and develops gold mineral properties in the United States. Its principal asset is the Donlin Gold project consisting of 493 mining claims covering an area of approximately 29,008 hectares located in the Kuskokwim region of southwestern Alaska.
The company was formerly known as NovaCan Mining Resources (1985) Limited and changed its name to NovaGold Resources Inc in March 1987. Featured Articles Five stocks we like better than NovaGold Resources Learn Technical Analysis Skills to Master the Stock Market JPMorgan is a Buy, if You Can Handle The Volatility Health Care Stocks Explained: Why You Might Want to Invest United States Steel’s Crash: An Unmissable Buying Opportunity Retail Stocks Investing, Explained Rocket Lab Stock: Weathering the Storm, Time for a Comeback? Receive News & Ratings for NovaGold Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NovaGold Resources and related companies with MarketBeat.com's FREE daily email newsletter .
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