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Equities researchers at Nationwide Financial institution Monetary began protection on shares of NovaGold Sources (NYSEAMERICAN:NG – Get Score) (TSE:NG) in a report launched on Wednesday, The Fly studies. The brokerage set an “outperform” ranking on the mining firm’s inventory.
NovaGold Sources Inventory Efficiency
NYSEAMERICAN NG opened at $4.54 on Wednesday. The agency has a market capitalization of $1.51 billion, a P/E ratio of -37.83 and a beta of 0.65. NovaGold Sources has a twelve month low of $4.22 and a twelve month excessive of $8.36. The corporate has a debt-to-equity ratio of 1.48, a present ratio of 38.66 and a fast ratio of 38.66.
NovaGold Sources (NYSEAMERICAN:NG – Get Score) (TSE:NG) final posted its quarterly earnings knowledge on Wednesday, June twenty ninth. The mining firm reported ($0.04) earnings per share for the quarter, lacking analysts’ consensus estimates of ($0.02) by ($0.02). Analysis analysts predict that NovaGold Sources will submit -0.09 EPS for the present 12 months.
Institutional Buying and selling of NovaGold Sources
Giant buyers have just lately purchased and bought shares of the enterprise. First Eagle Funding Administration LLC boosted its place in shares of NovaGold Sources by 21.6% throughout the 1st quarter. First Eagle Funding Administration LLC now owns 14,097,193 shares of the mining firm’s inventory price $108,971,000 after buying a further 2,504,904 shares within the final quarter. BlackRock Inc. boosted its place in shares of NovaGold Sources by 1.2% throughout the 1st quarter. BlackRock Inc. now owns 12,635,928 shares of the mining firm’s inventory price $97,676,000 after buying a further 155,685 shares within the final quarter. Exor Capital LLP boosted its place in shares of NovaGold Sources by 6.2% throughout the 1st quarter. Exor Capital LLP now owns 12,506,537 shares of the mining firm’s inventory price $96,676,000 after buying a further 735,617 shares within the final quarter. Van ECK Associates Corp boosted its place in shares of NovaGold Sources by 0.7% throughout the 1st quarter. Van ECK Associates Corp now owns 11,558,615 shares of the mining firm’s inventory price $89,348,000 after buying a further 75,909 shares within the final quarter. Lastly, Vanguard Group Inc. boosted its place in shares of NovaGold Sources by 0.9% throughout the 1st quarter. Vanguard Group Inc. now owns 8,925,567 shares of the mining firm’s inventory price $68,995,000 after buying a further 83,985 shares within the final quarter. 52.50% of the inventory is at present owned by institutional buyers and hedge funds.
NovaGold Sources Firm Profile
(Get Score)
NovaGold Sources Inc explores for and develops gold mineral properties in the USA. Its principal asset is the Donlin Gold undertaking consisting of 493 mining claims protecting an space of roughly 29,008 hectares situated within the Kuskokwim area of southwestern Alaska. The corporate was previously generally known as NovaCan Mining Sources (1985) Restricted and altered its identify to NovaGold Sources Inc in March 1987.
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