BUZZ-NovaGold Resources falls on planned stock offering

Reuters
05-07
BUZZ-NovaGold Resources falls on planned stock offering

** U.S.-listed shares of precious metals company NovaGold Resources NG.A fall 5.2% to $3.99 premarket

** NG late Tuesday announced it intends to sell up to 43.5 million shares in a public offering

** Concurrently, NG intends to complete a private placement of shares to certain major shareholders at public offering price

** Proceeds will be used to fund its previously announced acquisition of additional 10% ownership in Donlin Gold and for other purposes

** Citigroup, RBC Capital Markets and BMO Capital Markets are the joint book-running managers for the public offering

** Vancouver, British Columbia-based NG is focused on the development of the Donlin Gold project located in Alaska

** One of two brokerages rate the stock "buy" and one "hold"; median PT is $10 - data compiled by LSEG

** As of last close, NG up 26.4% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10