company background image
NVO logo

Novo Resources TSX:NVO Stock Report

Last Price

CA$0.12

Market Cap

CA$39.9m

7D

0%

1Y

-67.6%

Updated

26 Mar, 2024

Data

Company Financials

NVO Stock Overview

Novo Resources Corp., together with its subsidiaries, engages in evaluating, acquiring, exploring, and developing natural resource properties in Canada, Australia, and the United States.

NVO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
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$0.12
52 Week HighUS$0.43
52 Week LowUS$0.10
Beta1.55
1 Month Change-11.54%
3 Month Change-28.13%
1 Year Change-67.61%
3 Year Change-96.14%
5 Year Change-95.25%
Change since IPO-83.09%

Recent News & Updates

Recent updates

Shareholder Returns

NVOCA Metals and MiningCA Market
7D0%0.7%0.2%
1Y-67.6%-11.3%9.0%

Return vs Industry: NVO underperformed the Canadian Metals and Mining industry which returned -9.3% over the past year.

Return vs Market: NVO underperformed the Canadian Market which returned 9.3% over the past year.

Price Volatility

Is NVO's price volatile compared to industry and market?
NVO volatility
NVO Average Weekly Movement9.8%
Metals and Mining Industry Average Movement11.0%
Market Average Movement8.6%
10% most volatile stocks in CA Market18.5%
10% least volatile stocks in CA Market3.1%

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

Volatility Over Time: NVO's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200977Mike Spreadboroughhttps://www.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 capCA$39.94m
Earnings (TTM)-CA$48.89m
Revenue (TTM)n/a

0.0x

P/S Ratio

-0.8x

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$48.89m
Earnings-CA$48.89m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.14
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did NVO perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.