Shares of NovaGold Resources Inc. (TSE:NG) (AMEX:NG) reached a new 52-week low on Thursday . The company traded as low as C$4.94 and last traded at C$5.10, with a volume of 179771 shares trading hands. The stock had previously closed at C$5.22.
In other news, insider David Lee Deisley sold 28,516 shares of the firm’s stock in a transaction dated Wednesday, August 30th. The shares were sold at an average price of C$5.36, for a total transaction of C$152,845.76. Also, insider Gregory Anthony Lang sold 7,300 shares of the firm’s stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of C$5.19, for a total transaction of C$37,887.00. Over the last 90 days, insiders have sold 98,318 shares of company stock valued at $523,302.
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About NovaGold Resources
Novagold Resources Inc is a mineral exploration company. The Company is engaged in the exploration and development of mineral properties. The Company’s segments include the Donlin Gold project in Alaska, the United States and the Galore Creek project in British Columbia, Canada. The Company operates in the gold mining industry, primarily focused on advancing permitting of the Donlin Gold project in Alaska.
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