Novagold Resources Inc.’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $5.75 on 05/04/23, and the lowest price during the same period was recorded at $2.22 on 02/08/24.
52-week price history of NG Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Novagold Resources Inc.’s current trading price is -51.13% away from its 52-week high, while its distance from the 52-week low is 26.29%. The stock’s price range during this period has fluctuated between $2.22 and $5.75. Shares of the company, which operates in the Basic Materials sector, recorded a trading volume of around 2.55 million for the day, which was evidently higher than the average daily volume of 2.46 million over the last three months.
Financial Performance and Market Capitalization
Novagold Resources Inc. (NG) has experienced a quarterly decline of -19.71% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 939.58M and boasts a workforce of 13 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.10, with a change in price of -1.20. Similarly, Novagold Resources Inc. recorded 2,321,870 in trading volume during the last 100 days, posting a change of -29.93%.
NG Stock Stochastic Average
Novagold Resources Inc.’s raw stochastic average for the past 50 days is currently at 48.62%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 30.86%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 53.50% and 62.55%, respectively.
NG Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -24.87% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -24.87%. Over the past 30 days, the price of NG has fallen by 4.07%. And in the last five days, it has fallen by -10.51%.
