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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$25.65M
Enterprise ValueC$36.95
Total Cash (Recent Filing)C$10.60M
Total Debt (Recent Filing)C$285.00K
Price to Earnings (P/E)―
Beta0.92
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding427,456,480
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 (debt-to-equity ~0.7%) materially reduces refinancing and interest-rate risk, preserving financial flexibility. For an exploration company this durable conservatism supports continued field programs or opportunistic asset purchases without immediate solvency pressure.
Improving Operating Cash-flow TrendOperating cash outflows have meaningfully moderated versus prior years, showing a trend toward lower burn. Sustained improvement in OCF, even if still negative, lengthens runway and reduces reliance on urgent financing, an important durable improvement for project advancement over months.
Focused Australian Gold Exploration ModelA clear, specialized business model focused on Australian gold exploration provides operational focus and repeatable field processes. Expertise in mapping, sampling and drilling is a durable competitive capability that supports scalable resource delineation and value creation if discoveries materialize.
Bears Say
No Recent Revenue And Sustained LossesThe absence of recurring revenue and continued multi-year net losses mean the company lacks an operating earnings base. Over a 2–6 month horizon this structural lack of revenue forces dependence on financing or asset monetization and limits internal reinvestment into exploration or development.
Persistent Negative Free Cash FlowConsistent negative free cash flow creates a durable financing requirement: absent profitable operations the company must raise capital or sell assets. Even with moderated burn, ongoing negative FCF increases dilution or debt risk and constrains long-term project timelines and commitments.
Material Erosion Of Assets And EquityLarge declines in reported assets and equity reflect write-downs and value erosion, reducing collateral and strategic optionality. Over months this weaker capital base limits the company's ability to self-fund exploration, increases vulnerability to financing cycles, and signals prior capital impairments.
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$25.65M.
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 427,456,480 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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