NovaGold Resources Inc. (NG) VP David Deisley Sells 30,400 Shares
NovaGold Resources Inc. (NYSEAMERICAN:NG) (TSE:NG) VP David Deisley sold 30,400 shares of NovaGold Resources stock in a transaction dated Thursday, October 18th. The stock was sold at an average price of $4.29, for a total transaction of $130,416.00. Following the transaction, the vice president now directly owns 759,526 shares in the company, valued at $3,258,366.54. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Shares of NG stock opened at $4.27 on Friday. NovaGold Resources Inc. has a 12 month low of $3.35 and a 12 month high of $5.05.
NovaGold Resources (NYSEAMERICAN:NG) (TSE:NG) last issued its earnings results on Tuesday, October 2nd. The mining company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.03) by $0.01.
Several institutional investors have recently added to or reduced their stakes in NG. Exor Investments UK LLP raised its stake in shares of NovaGold Resources by 75.9% in the 2nd quarter. Exor Investments UK LLP now owns 5,754,905 shares of the mining company’s stock valued at $25,609,000 after acquiring an additional 2,483,827 shares during the period. Levin Capital Strategies L.P. raised its stake in shares of NovaGold Resources by 81.2% in the 2nd quarter. Levin Capital Strategies L.P. now owns 1,783,786 shares of the mining company’s stock valued at $7,938,000 after acquiring an additional 799,483 shares during the period. Bank of Montreal Can raised its stake in shares of NovaGold Resources by 88.8% in the 3rd quarter. Bank of Montreal Can now owns 1,399,026 shares of the mining company’s stock valued at $5,190,000 after acquiring an additional 657,875 shares during the period. Investec Asset Management LTD purchased a new stake in shares of NovaGold Resources in the 2nd quarter valued at approximately $2,597,000. Finally, OppenheimerFunds Inc. purchased a new stake in shares of NovaGold Resources in the 2nd quarter valued at approximately $1,335,000.
NovaGold Resources Company Profile
NovaGold Resources Inc explores for and develops mineral properties in Canada and the United States. The company primarily explores for gold, silver, and copper deposits. It primarily holds a 50% interest in the Donlin Gold property that covers an area of 71,420 acres located in the Kuskokwim region of southwestern Alaska.
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