NovaGold (NG)

[New Waters]

NG (NOVAGOLD, AMEX) - knee-jerk reaction, oversold ...

When the dust settles and as Gold continues to move up, anticipating NG to recover/bounce 35-40% to/@ 20MA+ on daily...


Share Statistics

Avg Vol (3 month): 3,817,180

Avg Vol (10 day): 6,595,690

Shares Outstanding: 279.53M

Float: 188.36M

% Held by Insiders1: 33.95%

% Held by Institutions1: 44.60%

Shares Short (as of Jul 13, 2012): 25.10M

Short Ratio (as of Jul 13, 2012): 8.50

Shares Short (prior month): 24.97M


Balance Sheet

Total Cash (mrq): 301.37M

Total Cash Per Share (mrq): 1.08

Total Debt (mrq): 139.22M

Total Debt/Equity (mrq): 27.43

Current Ratio (mrq): 9.16

Book Value Per Share (mrq): 1.82


Daily



Weekly



Gold Silver July 30-2012

"Big" Ben FED with QE/3 on the horizon - Gold/Silver pickers time...

IMO, this is the beginning of a run into the fall where new highs will be established by both Gold & Silver.

Gold Current - $1623.60 (up $7.50)

Silver Current - $27.79 (up $.25)


Gold - $1646 Resistance, $1560 Support


Gold Sampler At A Glance
http://stockcharts.com/freecharts/candleglance.html?AAU,AZC,CDY,EGI,JAG,KGC,BRD,GSS,NG,CGR,MDW,GBG|B|P5,3,3





Silver - $28.45 Resistance, $26.11 Support


Silver Sampler - At A Glance
http://stockcharts.com/freecharts/candleglance.html?SIL,SLV,PSLV,EXK,HL,LODE,SVBL,PZG,SVM,XPL,GPL,MGN|B|P5,3,3





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