NovaGold Resources Inc. (TSE:NG) (AMEX:NG)’s share price rose 4.1% during mid-day trading on Tuesday . The stock traded as high as C$4.87 and last traded at C$4.86. Approximately 90,101 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 270,499 shares. The stock had previously closed at C$4.67.

In other news, insider David Lee Deisley sold 17,202 shares of the business’s stock in a transaction dated Friday, October 27th. The stock was sold at an average price of C$5.27, for a total transaction of C$90,654.54. Also, insider Gregory Anthony Lang sold 7,300 shares of the business’s stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of C$5.19, for a total value of C$37,887.00. Insiders sold 174,602 shares of company stock worth $881,812 in the last quarter.

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About NovaGold Resources

Novagold Resources Inc is a mineral exploration company. The Company is engaged in the exploration and development of mineral properties. The Company’s segments include the Donlin Gold project in Alaska, the United States and the Galore Creek project in British Columbia, Canada. The Company operates in the gold mining industry, primarily focused on advancing permitting of the Donlin Gold project in Alaska.

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