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NG Crosses Below Key Moving Average Level

By Metals Channel Staff, Wednesday, April 26, 7:36 PM ET
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In trading on Wednesday, shares of NovaGold Resources Inc. (AMEX:NG) crossed below their 200 day moving average of $5.41, changing hands as low as $5.39 per share. NovaGold Resources Inc. shares are currently trading off about 2.2% on the day. The chart below shows the one year performance of NG shares, versus its 200 day moving average:

NovaGold Resources Inc. 200 Day Moving Average Chart

Looking at the chart above, NG's low point in its 52 week range is $4.06 per share, with $6.98 as the 52 week high point — that compares with a last trade of $5.42.

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