Analyst Activity – Royal Bank of Canada Reiterates Sector Perform on NovaGold Resources (TSE:NG)

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Analyst Ratings For NovaGold Resources (TSE:NG)

Today, Royal Bank of Canada reiterated its Sector Perform rating on NovaGold Resources (TSE:NG).

There are 1 hold rating, 1 buy rating on the stock.

The current consensus rating on NovaGold Resources (TSE:NG) is Buy (Score: 2.50) with a consensus target price of C$8.00 per share, a potential .

Some recent analyst ratings include

  • 4/4/2017-Royal Bank of Canada Reiterated Rating of Sector Perform.
  • 9/27/2016-JPMorgan Chase & Co. Upgrade from a “Neutral ” rating to a ” Overweight” rating.
  • 1/28/2016-National Bank Financial Reiterated Rating of Sec Perform Spec Market Wgt.


    About NovaGold Resources (TSE:NG)
    Novagold Resources Inc. is a mineral exploration company. The Company is engaged in the exploration and development of mineral properties. The Company’s segments include the Donlin Gold project in Alaska, the United States and the Galore Creek project in British Columbia, Canada. The Company operates in the gold mining industry, primarily focused on advancing permitting of the Donlin Gold project in Alaska. The Company has its interest in the Copper Canyon copper-gold-silver property that is adjacent to the Galore Creek project. The Donlin Gold property is located in the Kuskokwim region of southwestern Alaska on private, Alaska Native-owned mineral and surface land, and Alaska state mining claims. The Galore Creek project is a copper-gold-silver project located in northwestern British Columbia. The Company’s subsidiaries include NOVAGOLD Canada Inc., Copper Canyon Resources Inc., NOVAGOLD U.S. Holdings Inc., NOVAGOLD Resources Alaska Inc. and AGC Resources Inc.

    Recent Trading Activity for NovaGold Resources (TSE:NG)
    Shares of NovaGold Resources closed the previous trading session at 6.52 down -0.18 -2.69% with 265,694 shares trading hands.