The Lead Independent Director of Novagold Resources New is Exercising Options

By Carrie Williams

Yesterday it was reported that the Lead Independent Director of Novagold Resources New (NGResearch Report), Anthony P Walsh, exercised options to sell 21,545 NG shares for a total transaction value of $253.8K.

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Currently, Novagold Resources New has an average volume of 714.77K. NG’s market cap is $2.98 billion and the company has a P/E ratio of -76.70. The company has a one-year high of $12.85 and a one-year low of $7.89.

Anthony P Walsh’s trades have generated a 7.8% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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NovaGold Resources, Inc. engages in the acquisition, exploration, and development of metal properties primarily located in Alaska and British Columbia. Its developments include Donlin Gold and Galore Creek projects. The company was founded by Gregory Shawn Johnson, John W. Chisholm, Macisaac G. Angus, Rick van Nieuwenhuyse, and Gerald James McConnell on December 5, 1984 and is headquartered Vancouver, Canada.