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NEO
5.29000 CAD
0.06
1.15%
Last update May 9, 3:59 PM EDT
Market closed
Day range
5.22000
5.43000
Previous close
5.23000
Open
5.32000
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Novagold Resources Inc.
5.29
0.06
1.15%

Overview

Description

Novagold Resources Inc. is a mining company primarily engaged in the exploration and development of gold properties. This corporation's cornerstone project is the Donlin Gold project located in Alaska, which is considered one of the largest, highest-grade, and most prospective known open-pit gold deposits. Novagold operates as a joint venture with Barrick Gold Corporation, where it possesses a significant interest in advancing the project towards a profitable mining operation. The company's activities are primarily concentrated in North America, particularly focusing on environmentally conscious and responsible mining practices. Novagold plays a crucial role in the precious metals industry by potentially increasing gold production capabilities and catering to demands for this precious commodity. Its operations and strategic partnerships significantly influence natural resource markets and contribute to economic development within the regions they explore.

About

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Instrument type
Common stock
Sector
Industry
Country
Canada
MIC code
NEOE
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