David Ottewell Sells 40,536 Shares of NovaGold Resources Inc. (TSE:NG) Stock

NovaGold Resources Inc. (TSE:NG) (AMEX:NG) Senior Officer David Ottewell sold 40,536 shares of the firm’s stock in a transaction on Thursday, July 18th. The shares were sold at an average price of C$8.44, for a total transaction of C$342,123.84. Following the completion of the transaction, the insider now directly owns 562,266 shares of the company’s stock, valued at C$4,745,525.04.

TSE:NG opened at C$8.28 on Tuesday. NovaGold Resources Inc. has a 1-year low of C$4.49 and a 1-year high of C$8.60. The company has a quick ratio of 75.66, a current ratio of 76.65 and a debt-to-equity ratio of 66.84. The firm has a fifty day moving average price of C$7.00. The company has a market capitalization of $2.68 billion and a PE ratio of -25.09.

Separately, B. Riley set a $169.00 target price on shares of Intercept Pharmaceuticals and gave the company a “buy” rating in a research note on Friday, April 12th.

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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Insider Buying and Selling by Quarter for NovaGold Resources (TSE:NG)

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