U.S. Markets open in 2 hrs 41 mins

NOVAGOLD (NG) Looks Good: Stock Adds 7.6% in Session

Zacks Equity Research
1 / 2

Why Is Crown Castle (CCI) Up 3.7% Since Last Earnings Report?

Crown Castle (CCI) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

NOVAGOLD RESOURCES INC. NG was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $3.88 to $4.20 in the past one-month time frame.

The company has seen no estimate revisions over the past few weeks and the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

NOVAGOLD currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.  

Novagold Resources Inc. Price

Novagold Resources Inc. Price | Novagold Resources Inc. Quote

Another stock worth considering in the Mining - Gold industry is Asanko Gold Inc. AKG which also carries a Zacks Rank #2.You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is NG going up? Or down? Predict to see what others think: Up or Down

Today's Stocks from Zacks' Hottest Strategies

It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.

And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.

See Them Free>>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Novagold Resources Inc. (NG) : Free Stock Analysis Report
 
Asanko Gold Inc. (AKG) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research