NovaGold Resources Inc. NG was a big mover last session, as the company saw its shares rise over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 23.5% in the past one-month time frame.
The company has seen no estimate revisions over the past 30 days, while the Zacks Consensus Estimate remained unchanged over the same time frame. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
NovaGold Resources currently sports a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Another favorably ranked stock in the Mining-Gold industry is Harmony Gold Mining Company Limited HMY, which carries a Zacks Rank #2 (Buy).
Is NG going up? Or down? Predict to see what others think: Up or Down
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Be the first to comment