Novagold Resources Inc. (NG, Financial), a company engaged in mineral exploration and development, recently experienced a notable stock fluctuation, with shares diving by 5.22%. The stock is currently priced at $3.45 per share, with a trading volume of 870,909 shares and a turnover rate of 0.26%, showing an amplitude of 5.49%.
Financial reports indicate no operating revenue for the company, a net loss of $10.74 million, an earnings per share (EPS) of -$0.03, a gross profit of -$6,000, and a price-to-earnings ratio of -24.79. Out of three institutions providing ratings, 33% recommend a buy, while 67% suggest holding the stock with no sell recommendations.
In the broader gold industry, where Novagold Resources operates, there was an overall decline of 0.42%. Some related stocks like Paramount Gold Nevada Corp. and Orla Mining Ltd. saw significant increases. Meanwhile, Austin Gold Corp. and Hycroft Mining Holding Corporation exhibited high volatility with amplitude figures of 10.34% and 9.49%, respectively.
