Nova Minerals Limited Sponsored ADR (NVA)
NASDAQ:NVA
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Nova Minerals Limited Sponsored ADR
(NASDAQ:NVA)
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Rating:44Neutral
Price Target:
$6.00
▼(-26.83% Downside)
Action:ReiteratedDate:03/19/26
The score is primarily held down by weak financial performance (no revenue, continued losses, and ongoing cash burn), reinforced by bearish technical signals (price below key moving averages and negative MACD). A relatively solid, low-leverage balance sheet offers some support, but valuation is difficult to justify with negative earnings and no dividend data.
Positive Factors
District‑scale gold asset
Estelle’s district-scale mineralization and multiple targets provide durable optionality: multiple deposits and near‑surface zones support staged development, allow optimization of starter pits versus bulk tonnage, and increase the likelihood of long‑lived production profiles and scalable economics if resources are converted.
Negative Factors
No operating revenue
As an exploration/development company with no operating revenue, Nova’s fundamental value depends on successful resource conversion and project permits. Persistent losses erode capital over time, increase dependence on external funding, and mean shareholders bear execution risk tied to exploration and development milestones.
Read all positive and negative factors
Positive Factors
Negative Factors
District‑scale gold asset
Estelle’s district-scale mineralization and multiple targets provide durable optionality: multiple deposits and near‑surface zones support staged development, allow optimization of starter pits versus bulk tonnage, and increase the likelihood of long‑lived production profiles and scalable economics if resources are converted.
Read all positive factors
Nova Minerals Limited Sponsored ADR (NVA) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$215.10M
Dividend YieldN/A
Average Volume (3M)628.13K
Price to Earnings (P/E)―
Beta (1Y)1.08
Revenue GrowthN/A
EPS Growth-39.67%
CountryUS
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)-2.74
Shares Outstanding38,009,530
10 Day Avg. Volume1,638,102
30 Day Avg. Volume628,128
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)0.18
Price to Sales (P/S)0.00
P/FCF Ratio-1.37
Enterprise Value/Market Cap1.14
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit-498.46
Enterprise Value/Ebitda-11.64
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)-0.34
Revenue Forecast (FY)N/A
Nova Minerals Limited Sponsored ADR Business Overview & Revenue Model
Company Description
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 locate...
How the Company Makes Money
Nova Minerals Limited is an exploration- and development-stage company; publicly available materials do not indicate consistent, recurring operating revenue from commercial mineral production. As a result, its economic model is primarily centered ...
Nova Minerals Limited Sponsored ADR Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -492.86K | -460.42K | -530.89K | -407.15K | -327.62K | -189.80K |
| EBITDA | -21.10M | -8.77M | -12.26M | -3.18M | 32.42M | -2.89M |
| Net Income | -18.90M | -9.76M | -14.59M | -10.23M | 32.39M | -2.89M |
Balance Sheet | ||||||
| Total Assets | 185.51M | 112.54M | 107.25M | 122.34M | 108.33M | 56.87M |
| Cash, Cash Equivalents and Short-Term Investments | 59.12M | 9.08M | 3.15M | 19.24M | 21.28M | 15.52M |
| Total Debt | 6.09M | 0.00 | 7.06M | 6.53M | 862.37K | 862.37K |
| Total Liabilities | 30.52M | 2.69M | 8.86M | 8.95M | 4.00M | 4.29M |
| Stockholders Equity | 147.52M | 102.16M | 90.70M | 105.60M | 96.75M | 46.78M |
Cash Flow | ||||||
| Free Cash Flow | -9.96M | -13.39M | -16.32M | -26.94M | -28.71M | -23.18M |
| Operating Cash Flow | -6.29M | -7.64M | -3.67M | -3.08M | -2.86M | -2.14M |
| Investing Cash Flow | 1.73M | 4.12M | -13.32M | -24.14M | -3.96M | -21.06M |
| Financing Cash Flow | 51.16M | 9.79M | 986.89K | 25.16M | 11.15M | 34.88M |
Nova Minerals Limited Sponsored ADR Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
53 Neutral | $213.62M | -2.83 | -28.62% | 7.12% | -60.65% | -418.07% | |
51 Neutral | $246.01M | -3.20 | -46.06% | ― | -48.48% | 59.22% | |
51 Neutral | $108.97M | ― | 45.61% | ― | ― | ― | |
51 Neutral | $176.25M | -131.16 | -19.23% | ― | ― | 19.84% | |
45 Neutral | $81.13M | -2.36 | -18.55% | ― | ― | -42.92% | |
44 Neutral | $215.10M | -0.12 | -16.25% | ― | ― | -39.67% |
* Basic Materials Sector Average
NVA
Nova Minerals Limited Sponsored ADR
5.81
3.26
127.84%
LODE
Comstock Mining
3.32
0.74
28.68%
FF
Futurefuel
4.87
1.12
29.90%
WWR
Westwater Resources
0.65
0.16
32.92%
NAMM
Namib Minerals
2.00
-8.85
-81.56%
USGO
U.S. GoldMining Inc.
13.23
3.93
42.26%
Nova Minerals Limited Sponsored ADR Corporate Events
Nova Minerals Posts Strong March Quarter as Estelle Drilling, Antimony Plans and U.S. Redomiciliation Advance
Apr 29, 2026
Nova Minerals reported its March 2026 quarter activities, highlighting strong drilling and sampling results across the Estelle Gold and Critical Minerals Project in Alaska, including record high-grade gold intercepts at RPM Valley and broad near-s...
Nova Minerals Advances Estelle Project and U.S. Antimony Strategy on Strong Funding and Drilling Results
Apr 29, 2026
In the half year to December 31, 2025, Nova Minerals Limited reported substantial progress at its Estelle Gold and Critical Minerals Project in Alaska, combining gold resource growth with critical mineral development. The company detailed drilling...
Nova Minerals Dispatches Scheme Booklet as It Moves to Redomicile in the U.S.
Apr 28, 2026
On April 28, 2026, Nova Minerals Limited confirmed it had dispatched a Scheme Booklet and Notice of Scheme Meeting to shareholders, ADS holders and listed warrantholders as part of its proposed redomiciliation from Australia to the United States v...
Nova Minerals Advances U.S. Redomiciliation with ASIC-Registered Scheme Booklet
Apr 24, 2026
On April 22, 2026, Nova Minerals Limited registered a scheme booklet with the Australian Securities and Investments Commission outlining its proposed redomiciliation from Australia to the United States via separate schemes of arrangement for share...
Nova Minerals Identifies Significant New Gold Anomaly at Portage Pass Near Korbel
Apr 14, 2026
On April 14, 2026, Nova Minerals reported that its 2025 surface sampling program at the Portage Pass area, about 2.5 kilometers from the Korbel deposit at the Estelle project in Alaska, has delineated a potentially significant new gold anomaly. As...
Nova Minerals Names New CFO to Drive Estelle Gold and Antimony Growth
Apr 13, 2026
Nova Minerals Limited, which is advancing one of the world’s largest undeveloped gold deposits and building a U.S. antimony supply chain at its Estelle Gold and Critical Minerals Project in Alaska, announced on April 13, 2026, that it has ap...
Nova Minerals Furnishes April 2026 Investor Presentation to U.S. Regulators
Apr 1, 2026
Nova Minerals Limited has furnished a Form 6-K to the U.S. Securities and Exchange Commission for April 2026, primarily to make available a new corporate investor presentation dated April 1, 2026. The presentation, originally lodged with the Austr...
Nova Minerals Advances Estelle Project as 2026 Winter Freight Haul Gains Momentum
Mar 16, 2026
On March 16, 2026, Nova Minerals Limited reported that winter freight hauling of heavy equipment to its Estelle Project in Alaska is well underway via a 150km snow road from Willow, taking advantage of exceptionally cold conditions that have enabl...
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This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.