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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 reduces refinancing and interest-rate risk and preserves financial optionality. For an exploration company this durable strength supports continuing field programs, asset evaluation or opportunistic M&A without immediate solvency pressure.
Reducing Operating Cash Burn TrendA multi-year decline in cash burn signals improving cost discipline or program prioritization. While still negative, persistently smaller operating outflows reduce near-term funding needs and lower the frequency/magnitude of external financing over the medium term.
Specialized Australian Gold-exploration Focus And Lean TeamA clear, narrow exploration mandate and a small 23-person structure concentrate expertise and limit fixed overhead. This specialization supports efficient allocation of exploration capital and preserves optionality to scale programs when economics or project results justify it.
Bears Say
Zero Revenue Since 2023Absence of operating revenue removes a core internal funding source and makes the business dependent on financing or asset monetization. Over months, lack of revenue constrains ability to build sustainable margins or self-fund exploration growth.
Persistent Net Losses And Value ErosionRepeated multi-year losses materially erode equity and shareholder value, and drive negative returns metrics. Continued losses without a clear path to profitable operations increase long-term dilution risk and weaken investor support for capital raising.
Negative Free Cash Flow; Need For External FundingConsistent negative free cash flow forces dependence on capital markets or asset disposals to fund exploration. That funding reliance creates execution risk if market access tightens, potentially disrupting multi-year exploration programs and value realization.
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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