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NVO Stock Chart & Stats
C$0.12
C$0.00(0.00%)
At close: 4:00 PM EST
C$0.12
C$0.00(0.00%)
Day’s Range― - ―
52-Week RangeC$0.05 - C$0.28
Previous CloseN/A
Volume19.40K
Average Volume (3M)322.94K
Market Cap
C$24.82M
Enterprise ValueC$36.95
Total Cash (Recent Filing)C$10.60M
Total Debt (Recent Filing)C$285.00K
Price to Earnings (P/E)―
Beta0.97
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. Volume496,204
30 Day Avg. Volume322,941
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 debt gives Novo structural financial flexibility: with minimal leverage the company can endure extended exploration cycles, access project funding more easily, and face lower default risk over the next several months versus highly leveraged peers.
Reduced Operating Cash BurnOperating cash outflows have meaningfully moderated from 2023 levels, signaling improved cost control or program optimization. A smaller negative OCF extends runway, reduces near-term financing needs, and makes sustaining exploration programs more plausible over a multi-month horizon.
Focused Gold Exploration Business ModelA clear, specialist exploration mandate concentrates management expertise and capital toward gold prospects in a single jurisdiction. This focused model supports efficient allocation of scarce capital and preserves optionality for value-generating discoveries over the typical multi-quarter to multi-year cycle.
Bears Say
No Recent Revenue / Unstable EarningsAbsent operating revenue since 2023, the company lacks an earnings foundation to self-fund exploration or development. This structural revenue gap increases reliance on capital markets or asset sales, raising execution risk for sustained project advancement over coming months.
Persistently Negative Free Cash FlowContinued negative free cash flow, even after improvement, means Novo must secure external financing or monetize assets to fund operations. Persistently negative FCF constrains capital deployment, risks dilution from funding rounds, and undermines sustainability absent a near-term material change.
Erosion Of Equity And Asset BaseA marked decline in reported assets and equity over recent years indicates write downs, disposals, or value erosion. This reduces collateral for financing, narrows strategic options, and signals that prior capital has not converted into durable project value over the medium term.
Novo Resources News
NVO FAQ
What was Novo Resources Corp’s price range in the past 12 months?
Novo Resources Corp lowest stock price was C$0.05 and its highest was C$0.28 in the past 12 months.
What is Novo Resources Corp’s market cap?
Novo Resources Corp’s market cap is C$24.82M.
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 TSE:NVO
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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