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€0.03 - €0.17
Previous CloseN/A
Volume0.00
Average Volume (3M)3.10K
Market Cap
€15.35M
Enterprise Value€36.95
Total Cash (Recent Filing)€10.60M
Total Debt (Recent Filing)€285.00K
Price to Earnings (P/E)―
Beta0.36
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 Leverage / Balance-sheet ResilienceVery low reported leverage (debt-to-equity ~0.7%) materially reduces interest burden and refinancing pressure, giving the company structural financial flexibility. For a cash-burning explorer, low debt preserves optionality to fund programs via equity or asset sales without heavy debt servicing risk.
Improving Operating Cash Flow TrendOperating cash flow has meaningfully moderated versus the large 2023 outflow, indicating cost discipline or program optimization. A sustained reduction in cash burn improves runway and reduces near-term funding needs, making the exploration program more durable without immediate financing shocks.
Focused Exploration Business ModelA clear, concentrated strategy on Australian gold exploration with in-house field programs (geological mapping, geochemical sampling, drilling) reflects durable operational capabilities. This specialization preserves optionality to convert targets into resource value and aligns with a scalable, project-based business model.
Bears Say
No Recent Revenue And Persistent LossesThe company has lacked revenue since 2023 while posting sizable net losses, demonstrating an absent earnings base. Persistent unprofitability erodes retained capital, undermines self-funding of programs, and forces reliance on external financing or asset disposals, increasing dilution and execution risk.
Negative Free Cash Flow Across PeriodsConsistently negative free cash flow means operations do not generate surplus capital to fund exploration or development. Over time this structural cash deficit necessitates recurring external funding, constraining strategic choices and magnifying vulnerability to market or financing interruptions.
Material Erosion Of Assets And EquityA sharp decline in reported assets and equity over recent years materially reduces the company's buffer for exploration setbacks. Shrinking asset and equity bases limit collateral for funding, reduce optionality to pursue multiple projects, and signal sustained value erosion despite low debt.
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 €0.03 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 €15.35M.
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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