ASX:NVAMetals and Mining
Nova Minerals (ASX:NVA): Evaluating Valuation After the Latest Follow-On Equity Offering and Funding Boost
Nova Minerals (ASX:NVA) just wrapped up a roughly A$20 million follow on equity offering in its American Depositary Shares, a capital raise that directly shapes how it funds the next phase of its growth plans.
See our latest analysis for Nova Minerals.
The fresh capital raise lands after a busy few weeks, including a US shelf registration and conference appearance. It comes as Nova’s 90 day share price return of 152.11 percent and 1 year total shareholder return of 179.69 percent signal...