Novagold Resources Inc Shares Approach 52-Week Low - Market Mover
The shares closed 1.3% above its 52-week low of $6.29, with trading volume lower than its 30 day average
Jan 10, 2022 by Kwhen Finance Editors
Novagold Resources Inc (NG) shares closed today at 1.3% above its 52 week low of $6.29, giving the company a market cap of $2B. The stock is currently down 7.1% year-to-date, down 34.7% over the past 12 months, and up 32.7% over the past five years. This week, the Dow Jones Industrial Average fell 0.3%, and the S&P 500 fell 1.9%.
Trading Activity
- Trading volume this week was 3.2% higher than the 20-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 1.1.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed above its Bollinger band, indicating it may be overbought.
Market Comparative Performance
- The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
- The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis
- The company share price is the same as the performance of its peers in the Materials industry sector , lags it on a 1-year basis, and lags it on a 5 year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Novagold Resources Inc | 1.8 | -7.1 | -34.7 | -38.9 | 1.6 |
| Dow Jones Industrial Average | -0.0 | -0.3 | 18.5 | -2.0 | 23.2 |
| S&P 500 Index | -0.4 | -1.9 | 23.9 | -2.5 | 28.8 |
| Materials | 0.5 | -0.3 | 17.2 | -3.0 | 29.2 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date lags the peer average by 24.2%
- The company's stock price performance over the past 12 months lags the peer average by 94.3%
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| Novagold Resources Inc | NG | 0 | -7.1 | -34.7 | -38.9 | 1.6 |
| Peer Avg | N/A | 34.4 | -5.7 | -17.9 | -32.1 | 3.7 |
| Hecla Mining Co. | HL | 137.8 | -6.7 | -19.4 | -48.4 | 8.0 |
| Seabridge Gold, Inc. | SA | 0 | -7.8 | -30.7 | -29.5 | 2.5 |
| Endeavour Silver Corp. | EXK | 0 | -8.5 | -21.4 | -50.4 | 4.3 |
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