Novagold Resources Inc’s recent filing unveils that its Director KYLE HUME D. acquired Company’s shares for reported $41000.0 on Jun 30 ’25. In the deal valued at $4.10 per share,10,000 shares were bought. As a result of this transaction, KYLE HUME D. now holds 22,348 shares worth roughly $0.11 million.
Then, Electrum Strategic Resources L bought 13,333,334 shares, generating $50,000,002 in total proceeds. Upon buying the shares at $3.75, the 10% Owner now owns 92,902,813 shares.
RBC Capital Mkts upgraded its Novagold Resources Inc [NG] rating to an Outperform from a a Sector perform in a research note published recently. A number of analysts have revised their coverage, including National Bank Financial’s analysts, who began to cover the stock in mid July with a ‘”an Outperform”‘ rating. B. Riley FBR Inc. started covering the stock on December 19, 2017. It rated NG as “a Buy”.
Price Performance Review of NG
On Friday, Novagold Resources Inc [AMEX:NG] saw its stock jump 1.69% to $4.8. Over the last five days, the stock has gained 6.19%. Novagold Resources Inc shares have risen nearly 28.69% since the year began. Nevertheless, the stocks have risen 44.14% over the past one year. While a 52-week high of $5.06 was reached on 04/24/25, a 52-week low of $2.26 was recorded on 04/08/25.
Levels Of Support And Resistance For NG Stock
The 24-hour chart illustrates a support level at 4.70, which if violated will result in even more drops to 4.61. On the upside, there is a resistance level at 4.87. A further resistance level may holdings at 4.94.
How much short interest is there in Novagold Resources Inc?
A steep rise in short interest was recorded in Novagold Resources Inc stocks on 2025-06-13, growing by 1.4 million shares to a total of 12.12 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 10.72 million shares. There was a rise of 11.56%, which implies that there is a positive sentiment for the stock.
