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Bullboard - Stock Discussion Forum NovaGold Resources Ord Shs T.NG

Alternate Symbol(s):  NG

NOVAGOLD Resources Inc. is a precious metals company, which is focused on the development of its 50%-owned Donlin Gold project in Alaska. The Donlin Gold project is a development-stage gold project. The Donlin Gold property is located in the Kuskokwim region of southwestern Alaska on private, Alaska Native-owned mineral and surface land and Alaska state mining claims. The Donlin Gold deposits... see more

TSX:NG - Post Discussion

NovaGold Resources Ord Shs > share price drop
View:
Post by LCSulla on Dec 12, 2023 1:11pm

share price drop

I see no news catalyst for the 10% drop.  Does anyone know the reason?
Comment by LCSulla on Dec 12, 2023 1:36pm
Observation:  the hedgies are taking individual  mining stocks to the wood shed.  Look at Harmony.down 11% with plenty of gaps all the way down to 4.50 .  At least NG looks close to oversold chart wise RSI.  MACD still has a way to go though.  No gaps to fill.
Comment by TELEMARKER on Dec 13, 2023 9:15am
FM having tough sledding in Panama