The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Novagold Resources Inc shares valued at $20,000 were purchased by Schutt Ethan on Jul 28 ’25. At $5.23 per share, Schutt Ethan acquired 3,824 shares. The insider’s holdings grew to 51,735 shares worth approximately $0.26 million following the completion of this transaction.
Also, KYLE HUME D. purchased 10,000 shares, netting a total of over 41,000 in proceeds. Following the buying of shares at $4.10 each, the insider now holds 22,348 shares.
Before that, Electrum Strategic Resources L had added 13,333,334 shares to its account. In a trade valued at $50,000,002, the 10% Owner bought Novagold Resources Inc shares for $3.75 each. Upon closing the transaction, the insider’s holdings increased to 13,333,334 shares, worth approximately $475.66 million.
As published in their initiating research note from Citigroup on July 16, 2025, Novagold Resources Inc [NG] has been a Buy and the price target has been revised to $7. Analysts at RBC Capital Mkts upgraded the stock from ‘”a Sector perform”‘ to ‘”an Outperform”‘ outlook in a report released in early June. As of July 20, 2022, National Bank Financial has initiated its “an Outperform” rating for NG.
Analyzing NG Stock Performance
On last trading session,, Novagold Resources Inc [AMEX: NG] plunged -2.48% to $5.12. The stock’s lowest price that day was $5.07, but it reached a high of $5.3998 in the same session. During the last five days, there has been a drop of approximately -11.42%. Over the course of the year, Novagold Resources Inc shares have jumped approximately 7.79%.
Support And Resistance Levels for Novagold Resources Inc (NG)
RSI (Relative Strength Index) is 53.39 on the 14-day chart, showing neutral technical sentiment.
Is Novagold Resources Inc subject to short interest?
Stocks of Novagold Resources Inc saw a sharp rise in short interest on 2025-07-15 jumping by 1.92 million shares to 14.04 million. Data from Yahoo Finance shows that the short interest on 2025-06-13 was 12.12 million shares. A jump of 13.67% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.52 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.52.
Which companies own the most shares of Novagold Resources Inc (NG)?
Analysts anticipate Novagold Resources Inc stock to reach 5.25 by 2025, with the lowest price target being 5.25. In spite of this, 1 analysts ranked Novagold Resources Inc stock as Buy at the end of 2025. On December 19, 2017, B. Riley FBR Inc. assigned a price target of “a Buy” to the stock and initiated coverage with a $7.
