Novagold Resources Institutional ownership
What is the Institutional ownership of Novagold Resources?
The Institutional ownership of Novagold Resources Inc. is 54.85%
What is the definition of Institutional ownership?
Institutional Ownership is the amount of a company’s available stock owned by mutual or pension funds, insurance companies, investment firms, endowments or other large entities that manage funds on the behalf of others.
Given the considerable sums of money that institutions invest, it is not surprising that they tend to be much more knowledgeable than the average investor when it comes to the companies and industries in which they have invested.
Institutional portfolio managers often meet personally with a company's top executives, and in many cases the research they conduct is further supported by equity analysts who evaluate prospective companies and industries in great depth before making specific investment recommendations.
Institutional ownership of companies in the Materials sector on NYSEMKT compared to Novagold Resources
What does Novagold Resources do?
novagold (nyse-american, tsx: ng) is a well-financed precious metals company engaged in the development of mineral properties in north america. the company's flagship asset, the 50%-owned donlin gold project in alaska, is in the final stages of its permitting process. donlin gold is a uniquely attractive asset which, in terms of size, grade, exploration potential, production profile and jurisdictional safety, is regarded to be the most important gold project in the world today. as per the feasibility study, donlin gold is expected to produce greater than 1m ounces annually over a 27-year mine life. novagold also owns 50% of the galore creek copper-gold-silver project located in northern british columbia. according to the pre-feasibility study, galore creek is expected to be the largest copper mine in canada and in the top 5% of known gold deposits. the company is currently evaluating opportunities to sell all or a portion of its interest in galore creek and will apply the proceeds towa
Companies with institutional ownership similar to Novagold Resources
- Vanguard Scottsdale Funds - Vanguard Short-Term Corporate Bond ETF has Institutional ownership of 54.79%
- Metcash has Institutional ownership of 54.79%
- Limeade has Institutional ownership of 54.80%
- Invacare has Institutional ownership of 54.82%
- Alacer Gold has Institutional ownership of 54.84%
- Alacer Gold has Institutional ownership of 54.84%
- Novagold Resources has Institutional ownership of 54.85%
- Sadbhav Engineering has Institutional ownership of 54.85%
- Ayala Pharmaceuticals has Institutional ownership of 54.85%
- Foxtons Plc has Institutional ownership of 54.86%
- India Capital Growth Fund has Institutional ownership of 54.86%
- 3i Infrastructure Plc has Institutional ownership of 54.88%
- Wameja has Institutional ownership of 54.91%