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Novo Resources ASX:NVO Stock Report

Last Price

AU$0.086

Market Cap

AU$28.3m

7D

-4.4%

1Y

-49.4%

Updated

29 Nov, 2024

Data

Company Financials

NVO Stock Overview

Engages in evaluating, acquiring, exploring, and developing natural resource properties in Canada, Australia, and the United States. More details

NVO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Novo Resources Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Novo Resources
Historical stock prices
Current Share PriceUS$0.086
52 Week HighUS$0.24
52 Week LowUS$0.081
Beta1.46
11 Month Change-25.22%
3 Month Change-9.47%
1 Year Change-49.41%
33 Year Changen/a
5 Year Changen/a
Change since IPO-64.17%

Recent News & Updates

Recent updates

Shareholder Returns

NVOAU Metals and MiningAU Market
7D-4.4%0.2%1.5%
1Y-49.4%-10.8%17.9%

Return vs Industry: NVO underperformed the Australian Metals and Mining industry which returned -10.8% over the past year.

Return vs Market: NVO underperformed the Australian Market which returned 17.9% over the past year.

Price Volatility

Is NVO's price volatile compared to industry and market?
NVO volatility
NVO Average Weekly Movement14.3%
Metals and Mining Industry Average Movement10.9%
Market Average Movement8.5%
10% most volatile stocks in AU Market17.3%
10% least volatile stocks in AU Market3.2%

Stable Share Price: NVO's share price has been volatile over the past 3 months compared to the Australian market.

Volatility Over Time: NVO's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
200977Mike Spreadboroughwww.novoresources.com

Novo Resources Corp., together with its subsidiaries, engages in evaluating, acquiring, exploring, and developing natural resource properties in Canada, Australia, and the United States. The company primarily explores for gold deposits. It holds approximately 7,500 sq km of land in the Pilbara region of Western Australia, as well as interests in various projects located in Victoria, Australia.

Novo Resources Corp. Fundamentals Summary

How do Novo Resources's earnings and revenue compare to its market cap?
NVO fundamental statistics
Market capAU$28.34m
Earnings (TTM)-AU$49.01m
Revenue (TTM)n/a

0.0x

P/S Ratio

-0.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NVO income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$44.66m
Earnings-CA$44.66m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.13
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did NVO perform over the long term?

See historical performance and comparison