NG crosses above the key moving average level

IIn Monday’s trading, shares of NovaGold Resources Inc. (ticker: NG) broke above their 200-day moving average of $7.51, changing hands as low as $7.75 per share. Shares of NovaGold Resources Inc. are currently trading up around 2.8% on the day. The chart below shows the one-year performance of NG shares, compared to its 200-day moving average:

Looking at the chart above, NG’s low point in its 52-week range is $5.965 per share, with $10.45 as its 52-week high – compare with a last trade of $7.67.

Click here to find out which 9 other metal stocks recently broke their 200-day moving average »

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