NovaGold Resources Inc. (NG Quick QuoteNG - Free Report) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $7.41 –$9.09 in the past one-month time frame, witnessed a sharp increase on Friday.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

NovaGold Resources currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%. 

Novagold Resources Inc. Price

Investors interested in the Mining - Gold industry may consider New Gold Inc. (NGD Quick QuoteNGD - Free Report) , which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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