2 weeks Ago By ABMN Staff
Invesco Ltd. lifted its position in shares of NovaGold Resources Inc. ( NYSEAMERICAN:NG – Free Report ) (TSE:NG) by 1.
7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,313,942 shares of the mining company’s stock after acquiring an additional 39,167 shares during the period. Invesco Ltd.
owned approximately 0.69% of NovaGold Resources worth $7,705,000 as of its most recent filing with the Securities & Exchange Commission. A number of other hedge funds also recently added to or reduced their stakes in the company.
Robertson Stephens Wealth Management LLC raised its holdings in shares of NovaGold Resources by 2.1% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 270,546 shares of the mining company’s stock valued at $901,000 after purchasing an additional 5,546 shares during the last quarter.
Geode Capital Management LLC lifted its holdings in shares of NovaGold Resources by 0.3% during the 3rd quarter. Geode Capital Management LLC now owns 3,046,926 shares of the mining company’s stock valued at $12,497,000 after buying an additional 9,629 shares during the period.
American Century Companies Inc. boosted its stake in shares of NovaGold Resources by 2.0% in the 4th quarter.
American Century Companies Inc. now owns 629,390 shares of the mining company’s stock worth $2,105,000 after buying an additional 12,246 shares during the last quarter. Cedar Wealth Management LLC grew its holdings in shares of NovaGold Resources by 10.
0% in the fourth quarter. Cedar Wealth Management LLC now owns 170,787 shares of the mining company’s stock worth $569,000 after acquiring an additional 15,460 shares during the period. Finally, SG Americas Securities LLC increased its position in NovaGold Resources by 8.
8% during the fourth quarter. SG Americas Securities LLC now owns 214,126 shares of the mining company’s stock valued at $713,000 after acquiring an additional 17,341 shares during the last quarter. 57.
56% of the stock is currently owned by hedge funds and other institutional investors. NovaGold Resources Price Performance NYSEAMERICAN:NG opened at $4.98 on Friday.
The firm has a market capitalization of $1.67 billion, a price-to-earnings ratio of -38.31 and a beta of 1.
05. The business has a fifty day moving average price of $3.12 and a 200-day moving average price of $3.
41. NovaGold Resources Inc. has a one year low of $2.
26 and a one year high of $5.06. Analyst Ratings Changes View Our Latest Research Report on NG About NovaGold Resources ( Free Report ) NovaGold Resources Inc explores for and develops gold mineral properties in the United States.
Its principal asset is the Donlin Gold project consisting of 493 mining claims covering an area of approximately 29,008 hectares located in the Kuskokwim region of southwestern Alaska. The company was formerly known as NovaCan Mining Resources (1985) Limited and changed its name to NovaGold Resources Inc in March 1987. Featured Stories Receive News & Ratings for NovaGold Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NovaGold Resources and related companies with MarketBeat.
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