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Is NovaGold Resources Inc. (NG) Stock a Smart Investment?

Tuesday, June 09, 2020 09:54 AM | InvestorsObserver Analysts

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Is NovaGold Resources Inc. (NG) Stock a Smart Investment?

NovaGold Resources Inc. (NG) stock has gained 102.21% over the last 12 months, and the average rating from Wall Street analysts is a Strong Buy. InvestorsObserver’s proprietary ranking system, gives NG stock a score of 76 out of a possible 100.

That rank is mainly influenced by a fundamental score of 89. In addition to the average rating from Wall Street analysts, NG stock has a mean target price of 30. This means analysts expect the stock to climb 263.64% over the next 12 months. NG's rank also includes a long-term technical score of 74. The short-term technical score for NG is 65.

Overall Score - 76
NG has an Overall Score of 76. Find out what this means to you and get the rest of the rankings on NG!

What's Happening with NG Stock Today

NovaGold Resources Inc. (NG) stock is up 2.48% while the S&P 500 is down -1.03% as of 9:51 AM on Tuesday, Jun 9. NG has gained $0.20 from the previous closing price of $8.05 on volume of 232,656 shares. Over the past year the S&P 500 is up 10.82% while NG has gained 102.21%. NG lost -$0.09 per share in the over the last 12 months.

Click Here to get the full Stock Score Report on NovaGold Resources Inc. (NG) Stock.

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