NovaGold Year-end Financial Results and Projects Update

Gold Investing

Marketwire reports on NovGold’s year end results and projects

Marketwire reports on NovGold’s year end results and projects.

The news item is quoted as saying:

NovaGold Resources Inc. (Amex:NG, TSX:NG) today announced the results of its fiscal year ended November 30, 2010. What a difference a year can make! 2010 was a remarkable year for commodities, with gold increasing 25%, copper gaining 30% during the year and silver rallying an astounding 78%. Indeed, gold reached new all-time highs in 2010, trading through US$1,412 on December 29. The average closing price in 2010 was US$1,225 compared to US$972 in 2009, a 26% increase.

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