Novagold Resources Inc. (NG) concluded trading on Thursady at a closing price of $2.37, with 3.56 million shares of worth about $8.45 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -40.90% during that period and on Thursady the price saw a loss of about -0.84%. Currently the company’s common shares owned by public are about 334.25M shares, out of which, 229.27M shares are available for trading.
Stock saw a price change of -2.47% in past 5 days and over the past one month there was a price change of -31.70%. Year-to-date (YTD), NG shares are showing a performance of -36.63% which decreased to -58.35% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.22 but also hit the highest price of $6.68 during that period. The average intraday trading volume for Novagold Resources Inc. shares is 2.28 million. The stock is currently trading -6.95% below its 20-day simple moving average (SMA20), while that difference is down -25.69% for SMA50 and it goes to -41.12% lower than SMA200.
Novagold Resources Inc. (AMEX: NG) currently have 334.25M outstanding shares and institutions hold larger chunk of about 52.55% of that.
The stock has a current market capitalization of $792.46M and its 3Y-monthly beta is at 1.05. It has posted earnings per share of -$0.14 in the same period. It has Quick Ratio of 32.57. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NG, volatility over the week remained 6.04% while standing at 6.72% over the month.
Analysts are in expectations that Novagold Resources Inc. (NG) stock would likely to be making an EPS of -$0.02 in the current quarter, while forecast for next quarter EPS is -$0.02 and it is -$0.08 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.02 which is -$0.02 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.03 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 42.86%.
Stock get a Sector perform rating from RBC Capital Mkts on October 17, 2011.
