, Tracking Stock Market Picks
Enter Symbol:
Novagold Resources Inc New (NG) [hlAlert]

Buy NG
down 78.83 %

Novagold Resources Inc New (NG) rated Buy

Posted on: Monday,  Oct 8, 2007  10:28 AM ET by Citigroup

Citigroup rated Buy Novagold Resources Inc New (AMEX: NG) on 10/08/2007, when the stock price was $16.77. Since
then, Novagold Resources Inc New has lost 78.83% as of 08/27/2015's recent price of $3.55.
If you would have followed this Citigroup's recommendation on NG, you would have lost 78.83% of your investment in 2880 days.

NovaGold Resources Inc. (NovaGold) is a precious metals company with exploration, development and mining properties in Alaska, United States of America and British Columbia, Canada. The Company conducts its operations through wholly owned subsidiaries and joint ventures and is primarily focused on gold properties, some of which have copper and silver resources. The Company is also engaged in the sale of sand, gravel and land, and receives royalties from placer gold production, from its holdings around Nome, Alaska. Some of the Company?s projects include the Donlin Creek project and Galore Creek project. On July 31, 2008, the Company sold 100% of its NovaGreenPower subsidiary to AltaGas Ltd. During the year ended December 31, 2008, the Company disposed of its interest in US Gold Corporation. In January 2009, the Company sold its entire interest in Alexco Resource Corp.

Citi Investment Research is a highly respected research unit and is comprised of 390 research analysts across 22 countries. Citi Investment Research covers 3,100 companies, representing 90 percent of the market capitalization of the major global indices, and provides macro and quantitative analysis of global markets and sector trends. Combined with Citi's exceptional sales and trading capabilities and Smith Barney's financial consultants, the core focus of the group is to help investing clients make informed decisions by providing value-added, independent, insightful analysis.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/8/2007 10:28 AM Buy
as of 8/27/2015
1 Week down  -1.93 %
1 Month down  -3.53 %
3 Months down  -14.04 %
1 YTD up  39.76 %

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy