Novagold Resources Inc’s filing revealed that its Director Schutt Ethan acquired Company’s shares for reported $20000.0 on Jul 28 ’25. In the deal valued at $5.23 per share,3,824 shares were bought. As a result of this transaction, Schutt Ethan now holds 51,735 shares worth roughly $0.42 million.
Then, KYLE HUME D. bought 10,000 shares, generating $41,000 in total proceeds. Upon buying the shares at $4.10, the Director now owns 22,348 shares.
Before that, Electrum Strategic Resources L bought 13,333,334 shares. Novagold Resources Inc shares valued at $50,000,002 were divested by the 10% Owner at a price of $3.75 per share. As a result of the transaction, Electrum Strategic Resources L now holds 92,902,813 shares, worth roughly $760.87 million.
BMO Capital Markets initiated its Novagold Resources Inc [NG] rating to an Outperform in a research note published recently. A number of analysts have revised their coverage, including National Bank Financial’s analysts, who increased its forecast for the stock in late October from “a Sector perform” to “an Outperform”. Citigroup began covering NG with “Buy” recommendation on July 16, 2025. RBC Capital Mkts revised its rating on June 04, 2025. It rated NG as “an Outperform” which previously was an “a Sector perform”.
Price Performance Review of NG
On Friday, Novagold Resources Inc [AMEX:NG] saw its stock jump 4.46% to $8.19. Over the last five days, the stock has lost -1.21%. Novagold Resources Inc shares have risen nearly 133.33% since the year began. Nevertheless, the stocks have risen 145.95% over the past one year. While a 52-week high of $10.90 was reached on 10/15/25, 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 7.88, which if violated will result in even more drops to 7.58. On the upside, there is a resistance level at 8.39. A further resistance level may holdings at 8.60.
How much short interest is there in Novagold Resources Inc?
A steep rise in short interest was recorded in Novagold Resources Inc stocks on 2025-10-15, dropping by -0.5 million shares to a total of 12.86 million shares. Yahoo Finance data shows the prior-month short interest on 2025-09-15 was 13.36 million shares. There was a decline of -3.9%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on July 20, 2022 when National Bank Financial began covering the stock and recommended ‘”an Outperform”‘ rating.
