Nova Minerals (DB:QM3) - Stock Price, News & Analysis

QM3 Stock Overview

Engages in the exploration of mineral properties in Australia and the United States. More details

QM3 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 98.5% below our estimate of its fair value

Risk Analysis

Highly volatile share price over the past 3 months compared to the German market

Earnings have declined by 19% per year over past 5 years

Makes less than USD$1m in revenue (A$0)

Does not have a meaningful market cap (€56M)

+ 1 more risk

Nova Minerals Limited Competitors

Greenland Resources

DB:M0LY

€59.8m

IberAmerican Lithium

DB:W2C

€2.8m

Pasinex Resources

DB:PNX

€1.6m

Altech Advanced Materials

DB:AMA

€19.2m

Price History & Performance

Summary of all time highs, changes and price drops for Nova Minerals
Historical stock prices
Current Share Price	AU$0.12
52 Week High	AU$0.25
52 Week Low	AU$0.065
Beta	0.69
11 Month Change	-16.78%
3 Month Change	20.98%
1 Year Change	-17.33%
33 Year Change	-84.88%
5 Year Change	-11.43%
Change since IPO	-27.06%

Recent updates

Shareholder Returns

	QM3	DE Metals and Mining	DE Market
7D	0.4%	2.9%	-0.02%
1Y	-17.3%	-27.2%	8.2%

Return vs Industry: QM3 exceeded the German Metals and Mining industry which returned -27% over the past year.

Return vs Market: QM3 underperformed the German Market which returned 7.4% over the past year.

Price Volatility

Is QM3's price volatile compared to industry and market?
QM3 volatility
QM3 Average Weekly Movement	20.3%
Metals and Mining Industry Average Movement	11.6%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: QM3's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: QM3's weekly volatility (20%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
1987	n/a	Chris Gerteisen	novaminerals.com.au

Nova Minerals Limited engages in the exploration of mineral properties in Australia and the United States. The company explores for gold deposits. Its flagship project is the Estelle Gold project that covers an area of 514 square kilometers located in the State of Alaska.

Nova Minerals Limited Fundamentals Summary

How do Nova Minerals's earnings and revenue compare to its market cap?
QM3 fundamental statistics
Market cap	€35.07m
Earnings (TTM)	-€10.16m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-3.5x

P/E Ratio

Is QM3 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
QM3 income statement (TTM)
Revenue	AU$0
Cost of Revenue	AU$0
Gross Profit	AU$0
Other Expenses	AU$16.28m
Earnings	-AU$16.28m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.059
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	6.8%

How did QM3 perform over the long term?

See historical performance and comparison

QM3 Stock Overview

Rewards

Risk Analysis

Nova Minerals Limited Competitors

DB:M0LY

€59.8m

DB:W2C

€2.8m

DB:PNX

€1.6m

DB:AMA

€19.2m

Price History & Performance

Recent News & Updates

Nova Minerals 2024 Sampling Finds Up to 54.1% Antimony At the Styx Prospect on Its Estelle Gold and Critical Minerals Project in Alaska

Nova Minerals 2024 Sampling Finds Up to 54.1% Antimony At the Styx Prospect on Its Estelle Gold and Critical Minerals Project in Alaska

Nova Minerals Limited Drills 39m @ 5.4 g/t Au from Surface at the RPM Deposit on its Estelle Gold-Antimony Project, in Alaska

Nova Minerals Limited, Annual General Meeting, Nov 14, 2024

Nova Minerals Limited Announces 41m @ 4.6 g/t Au from Surface at the RPM deposit on its Estelle Gold-Antimony Project, in Alaska

Nova Minerals Limited has completed a Follow-on Equity Offering in the amount of $2.15 million.

Recent updates

Nova Minerals 2024 Sampling Finds Up to 54.1% Antimony At the Styx Prospect on Its Estelle Gold and Critical Minerals Project in Alaska

Nova Minerals 2024 Sampling Finds Up to 54.1% Antimony At the Styx Prospect on Its Estelle Gold and Critical Minerals Project in Alaska

Nova Minerals Limited Drills 39m @ 5.4 g/t Au from Surface at the RPM Deposit on its Estelle Gold-Antimony Project, in Alaska

Nova Minerals Limited, Annual General Meeting, Nov 14, 2024

Nova Minerals Limited Announces 41m @ 4.6 g/t Au from Surface at the RPM deposit on its Estelle Gold-Antimony Project, in Alaska

Nova Minerals Limited has completed a Follow-on Equity Offering in the amount of $2.15 million.

Nova Minerals Limited has filed a Follow-on Equity Offering.

New minor risk - Financial data availability

Nova Minerals Limited Collects Bulk Antimony Material for Test Work at its Estelle Gold-Antimony Project, in Alaska

Nova Minerals Limited Announces Formal Appointment of Richard Beazley as Independent Non-Executive Chairman

New minor risk - Shareholder dilution

Nova Minerals Limited has completed a Composite Units Offering in the amount of $4.275 million.

New minor risk - Shareholder dilution

Nova Minerals Limited has filed an IPO in the amount of $17.25 million.

Nova Minerals Limited has filed an IPO in the amount of $17.25 million.

Nova Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million.

Nova Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million.

Nova Minerals Limited, Annual General Meeting, Oct 29, 2023

Nova Minerals Limited(ASX:NVA) dropped from S&P/ASX Emerging Companies Index

New minor risk - Financial data availability

Board Member recently bought €83k worth of stock

Board Member recently bought €64k worth of stock

Board Member recently bought €61k worth of stock

Novas Majority Owned Snow Lake Lithium Chairman Update

Nova Minerals Limited Announces New Broad Zone High-Grade Gold System Discovered at Estelle

Nova Minerals Limited Announces Further Major High-Grade Gold Intersections At Rpm and the Potential for A Second Mining Center in the Southern Area

Less than half of directors are independent

Nova Minerals Limited, Annual General Meeting, Nov 29, 2022

Craig Bentley Agrees to Step Up and Take on the Role of Executive Director Finance and Compliance of Nova Minerals Limited

Nova Minerals Limited(ASX:NVA) dropped from S&P Global BMI Index

Nova Minerals Limited Focused Drilling Program Has Commenced at Cathedral with One Diamond Rig Operating

Nova Minerals Limited Announces Further Broad, Shallow, and High-Grade Gold Results At the Rpm North Deposit Located in the Prolific Tintina Gold Belt in Alaska

Nova Minerals Limited Receives Highly Encouraging Results from Its First Phase Metallurgical Test Work on Mineralization from Its High-Grade Rpm North Deposit in Alaska

Nova Minerals Limited Continues Exceptional High-Grade Gold At Rpm North

Nova Minerals Limited Appoints Anna Ladd-Kruger to its Board of Directors

Nova Minerals Limited Announces Further High Grade Lithium Results for Snow Lake Lithium

Nova Minerals Limited Recommences Drilling At the Estelle Gold Trend

Nova Minerals Limited Appoints Rodrigo Pasqua to the Board of Directors

Less than half of directors are independent

Nova Minerals Limited Provides an Update on Snow Lake Lithium Proposed Lithium Hydroxide Plant

Nova Minerals Limited announces High Grade RPM Gold Exploration and Plant Design Purpose

Independent Non-Executive Director recently bought €154k worth of stock

Nova Minerals Limited Appoints Craig Bentley as Non-Executive Director

Nova Minerals Limited Announces Update on Estelle Gold Trend

Nova Minerals Limited Announces Resignation of Romy Hersham as Joint Company Secretary

Nova Minerals Limited Announces Geophysics Confirms Extension of Rpm High-Grade Gold Deposit

Nova Minerals Limited Increases its Total Gold Resource Estimate by 54.9% to 9.6 Million Ounces at its Flagship Estelle Project, Located in Alaska's Prolific Tintina Gold Province

Non-Executive Chairman recently bought €102k worth of stock

Nova Minerals Limited Reports Drilling Program

Nova Minerals Limited announced that it expects to receive AUD 12 million in funding

Nova Minerals Limited Announces That Drilling at RPM

Nova Minerals Limited Announces Significant Early Results at Korbel Main South East Zone

Nova Minerals Limited Receives Highly Encouraging Results from Further Ore Sorting Test Work on Mineralization from Its Bulk Tonnage Korbel Main Deposit in Alaska

Nova Minerals Limited Provides an Update on Further Results at Estelle Gold Project Located in the Prolific Tintina Gold Belt

Nova Minerals Limited Provides Update on Further Drilling Results at Estelle Gold Project Located in the Prolific Tintina Gold Belt

Nova Minerals Limited Elects Mr. David Hersham as A Director

Nova Minerals Limited Announces Phase 1 Ore Sorting Results from Korbel Main

Nova Minerals Limited Appoints Colin Belshaw to the Board

Nova Minerals Limited Provides an Update on Newly Defined Mineralized Extensions At Flagship Estelle Gold Project