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Stock impact report

NovaGold Resources Inc. (TSE:NG) is favoured by institutional owners who hold 53% of the company [Yahoo! Finance]

Novagold Resources Inc. (NG) 
NASDAQ:AMEX Investor Relations: novagold.com
Company Research Source: Yahoo! Finance
The top 6 shareholders own 55% of the company Past performance of a company along with ownership data serve to give a strong idea about prospects for a business To get a sense of who is truly in control of NovaGold Resources Inc. ( TSE:NG ), it is important to understand the ownership structure of the business. With 53% stake, institutions possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). Because institutional owners have a huge pool of resources and liquidity, their investing decisions tend to carry a great deal of weight, especially with individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute. Let's delve deeper into each type of owner of NovaGold Resources, beginning with the chart below. Check out our latest analysis for NovaGold Resources What Does The Institutional Ownership Tell Us Ab Show less Read more
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