NovaGold Resources Inc. (NG) Buy Target – $7.00 or better

Trade Setup

Buy Target – $7.00 or better
Sell Target – TradersPro Sell Signal

NovaGold Resources Inc. primarily explores for and develops gold mineral properties in Canada and the United States. Its principal asset is the Donlin Gold property covering an area of 71,420 acres located in the Kuskokwim region of southwestern Alaska. The company was formerly known as NovaCan Mining Resources (1985) Limited and changed its name to NovaGold Resources Inc. in March 1987. NovaGold Resources Inc. was founded in 1984 and is based in Vancouver, Canada.