Novo Resources Corp (DE:1NOR)
FRANKFURT:1NOR
1NOR Stock Chart & Stats
€0.09
€0.00(0.00%)
At close: 4:00 PM EST
€0.09
€0.00(0.00%)
Day’s Range― - ―
52-Week Range€0.04 - €0.17
Previous CloseN/A
Volume0.00
Average Volume (3M)3.10K
Market Cap
€16.56M
Enterprise Value€14.65M
Total Cash (Recent Filing)€10.60M
Total Debt (Recent Filing)€285.00K
Price to Earnings (P/E)―
Beta0.41
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding413,677,900
10 Day Avg. Volume750
30 Day Avg. Volume3,101
Financial Highlights & Ratios
PEG Ratio0.58
Price to Book (P/B)1.07
Price to Sales (P/S)0.00
P/FCF Ratio-4.09
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Financial LeverageSustainedly low debt provides structural balance-sheet flexibility for an exploration company. Low leverage reduces bankruptcy and refinancing risk, lengthens runway to pursue drilling, JV or asset-sale options and supports capital allocation choices over the next few quarters despite operating losses.
Monetization-focused Business ModelNovo's economics hinge on monetizing exploration value via asset sales, joint ventures, royalties or equity placements. That strategic optionality is durable: it allows converting non‑producing assets into cash or partner-funded programs, reducing dependence on operating revenue for funding.
Reduced Operating Cash Burn TrendA meaningful improvement in operating cash flow versus the peak burn year indicates better cost control or program pacing. While still negative, a lower and stable burn rate meaningfully extends financing runway and reduces near-term dilution or forced asset sales risk if the trend continues.
Bears Say
No Recurring Revenue Since 2023Absent producing assets, the company has no recurring revenue base, leaving cash generation unpredictable and reliant on one-off transactions. This structural lack of operating revenue increases vulnerability to financing market cycles and reduces internal coverage for G&A and exploration spend.
Persistent Negative Free And Operating Cash FlowContinued negative operating and free cash flow necessitates external financing, asset sales or partner funding to sustain operations. That reliance creates dilution and execution risk, and may force suboptimal asset disposals or unfavorable JV terms when capital markets are tight.
Material Erosion Of Equity And Asset BaseSharp declines in assets and equity reflect sustained value erosion, weakening collateral and bargaining position for joint ventures or financings. Reduced asset base and negative returns on equity constrain strategic optionality and could limit partner interest or credit access over the medium term.
Novo Resources News
1NOR FAQ
What was Novo Resources Corp’s price range in the past 12 months?
Novo Resources Corp lowest stock price was €0.04 and its highest was €0.17 in the past 12 months.
What is Novo Resources Corp’s market cap?
Novo Resources Corp’s market cap is €16.56M.
When is Novo Resources Corp’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Novo Resources Corp’s earnings last quarter?
Currently, no data Available
Is Novo Resources Corp overvalued?
According to Wall Street analysts Novo Resources Corp’s price is currently Overvalued.
Does Novo Resources Corp pay dividends?
Novo Resources Corp does not currently pay dividends.
What is Novo Resources Corp’s EPS estimate?
Novo Resources Corp’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Novo Resources Corp have?
Novo Resources Corp has 413,677,900 shares outstanding.
What happened to Novo Resources Corp’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Novo Resources Corp?
Currently, no hedge funds are holding shares in DE:1NOR
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Novo Resources Corp
Novo Resources Corp., together with its subsidiary entities, is involved in the evaluation, acquisition, exploration, and subsequent development of natural resource assets throughout Canada, Australia, and the United States. The company's primary focus is centered on identifying gold deposits. Its most significant holding is the Beatons Creek property, situated within the Pilbara region of Western Australia. Founded in 2009, the corporation was initially registered as Galliard Resources Corp. before officially adopting the name Novo Resources Corp. in June 2011. Its main corporate office is located in Vancouver, Canada.
Technical Analysis
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Options Prices
Currently, No data available
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