Dilute this! Traders tear 11% off NovaGold after it goes overboard with new shares

Novagold was clobbered on Thursday after it added almost 10 million shares to its bought deal offering. The explorer whose main asset is a JV with Barrick in Alaska increased the offer to $332 million but sold to institutions at...

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now