Several brokerages have updated their recommendations and price targets on shares of Novagold Resources (NYSEAMERICAN: NG) in the last few weeks:
- 3/30/2026 – Novagold Resources was upgraded by Zacks Research from “strong sell” to “hold”.
- 3/27/2026 – Novagold Resources is now covered by Canaccord Genuity Group Inc.. They set a “speculative buy” rating and a $13.00 price target on the stock.
- 3/26/2026 – Novagold Resources was upgraded by Canaccord Genuity Group Inc. to “moderate buy”.
- 3/19/2026 – Novagold Resources had its price target lowered by Royal Bank Of Canada from $18.00 to $14.00. They now have an “outperform” rating on the stock.
- 2/6/2026 – Novagold Resources is now covered by Scotiabank. They set a “sector outperform” rating on the stock.
Insiders Place Their Bets
In other Novagold Resources news, Director Dawn Patricia Whittaker bought 4,000 shares of the company’s stock in a transaction on Wednesday, February 4th. The stock was bought at an average price of $9.36 per share, for a total transaction of $37,440.00. Following the transaction, the director owned 4,000 shares of the company’s stock, valued at approximately $37,440. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.88% of the stock is owned by company insiders.
The company’s flagship asset is the Donlin Gold project in Alaska, a 50/50 joint venture with Barrick Gold Corporation.
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