Exercise or conversion by Anthony Walsh of 36000 shares of NovaGold Resources subject to Rule 16b-3
| NG Stock | CAD 5.15 0.09 1.78% |
About 54% of NovaGold Resources' investors are presently thinking to get in. The current sentiment regarding investing in NovaGold Resources stock implies that some traders are interested. NovaGold Resources' investing sentiment overview a quick insight into current market opportunities from investing in NovaGold Resources. Many technical investors use NovaGold Resources stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
NovaGold |
Filed transaction by Novagold Resources Inc director. Exercise or conversion of derivative security exempted pursuant to Rule 16b-3
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Cash Flow Correlation
NovaGold Resources' cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the NovaGold Resources' relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.Click cells to compare fundamentals
NovaGold Resources Fundamental Analysis
We analyze NovaGold Resources' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NovaGold Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NovaGold Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Number Of Shares Shorted
Number Of Shares Shorted Comparative Analysis
NovaGold Resources is currently under evaluation in number of shares shorted category among its peers. Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
NovaGold Resources Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with NovaGold Resources stock to make a market-neutral strategy. Peer analysis of NovaGold Resources could also be used in its relative valuation, which is a method of valuing NovaGold Resources by comparing valuation metrics with similar companies.
Peers
NovaGold Resources Related Equities
| AGI | Alamos Gold | 2.50 | ||||
| MAG | MAG Silver | 0.93 | ||||
| CG | Centerra Gold | 0.72 | ||||
| ELD | Eldorado Gold | 0.68 | ||||
| SEA | Seabridge Gold | 0.25 |
Check out NovaGold Resources Hype Analysis, NovaGold Resources Correlation and NovaGold Resources Performance. To learn how to invest in NovaGold Stock, please use our How to Invest in NovaGold Resources guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.