NovaGold Resources (NYSE:NG) Downgraded to “Sell” at StockNews.com

NovaGold Resources (NYSE:NG – Get Rating) was downgraded by research analysts at StockNews.com from a “hold” rating to a “sell” rating in a report released on Sunday.

NovaGold Resources Stock Performance

NYSE NG opened at $5.36 on Friday. NovaGold Resources has a 1 year low of $4.06 and a 1 year high of $6.98. The company has a debt-to-equity ratio of 5.94, a current ratio of 57.88 and a quick ratio of 57.88. The firm has a market cap of $1.79 billion, a P/E ratio of -33.50 and a beta of 0.85.

About NovaGold Resources

(Get Rating)

NovaGold Resources, Inc is a mineral exploration company, which engages in the development of the Donlin Gold project in Alaska. 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 in Salt Lake City, UT.