Nova Minerals Limited Sponsored ADR (NVA) AI Stock Analysis

• Market Cap: $74.51M
• Dividend Yield: N/A
• Average Volume (3M): 17.49K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.40
• Revenue Growth: N/A
• EPS Growth: -28.25%
• Country: US
• Employees: 1
• Sector: Basic Materials
• Sector Strength: 67
• Industry: Mining
• EPS (TTM): -1.63
• Shares Outstanding: 5,383,290
• 10 Day Avg. Volume: 25,449
• 30 Day Avg. Volume: 17,489
• PEG Ratio: >-0.01
• Price to Book (P/B): 0.03
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.81
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 59 Neutral
• Price Target: ―

Nova Minerals' overall stock score is moderate, driven primarily by its stable financial position with strong profitability but offset by recent declines in revenue and EBIT margins. The technical analysis reveals mixed signals with short-term momentum but lacks strong upward trends. Valuation concerns are evident with a negative P/E ratio and no dividend yield, limiting the attractiveness of the stock from a value perspective.

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 located in the State of Alaska. The company was formerly known as Quantum Resources Limited and changed its name to Nova Minerals Limited in December 2017. Nova Minerals Limited was incorporated in 1987 and is based in Caulfield, Australia.

How the Company Makes Money

Nova Minerals Limited generates revenue through the exploration and potential production of gold and other precious metals. The company invests in identifying and developing high-potential mineral deposits, primarily in Alaska, which can be mined and processed for sale in global markets. Revenue is primarily driven by the sale of extracted minerals, contingent on successful exploration and development activities. Strategic partnerships and joint ventures with other mining and exploration companies also contribute to its financial performance by sharing resources and expertise to optimize project outcomes.

Nova Minerals Limited Sponsored ADR Financial Statement Overview

Summary

Nova Minerals demonstrates a generally stable financial position with strong profitability and cash flow metrics. However, recent trends indicate potential challenges in revenue growth and asset management. The low leverage and solid equity position provide a cushion against market volatility, but attention should be paid to revenue and EBIT margin declines to ensure sustained financial health.

Income Statement

Nova Minerals has demonstrated fluctuating revenue with a recent decline observed in the TTM period. The gross profit margin stands at 56% for TTM, which is healthy, but there is a noticeable decline from prior periods. The net profit margin at 24% shows reasonable profitability, though the TTM EBIT margin of 21% has decreased significantly from the previous year, suggesting efficiency challenges. The EBITDA margin is strong at 59%, indicating robust operating cash flows relative to revenue.

Balance Sheet

The company's balance sheet exhibits a solid equity position with an equity ratio of 68%, reflecting financial stability. The debt-to-equity ratio stands at 0.14, suggesting low leverage, which is favorable. However, a declining trend in total assets over recent periods could be a potential concern if it continues, impacting growth capabilities.

Cash Flow

Nova Minerals reports a substantial operating cash flow with a strong operating cash flow to net income ratio, indicating good conversion of income to cash. The free cash flow is positive, although its growth has slowed, which may affect future investment capabilities. The free cash flow to net income ratio is slightly underwhelming, suggesting room for improvement in cash management.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
1.22B	1.26B	1.75B	885.29M	424.64M	561.10M
	Gross Profit
685.04M	804.36M	1.34B	819.33M	48.35M	313.95M
	EBIT
253.07M	771.18M	880.64M	471.14M	-239.52M	50.55M
	EBITDA
719.13M	767.13M	1.07B	562.80M	-38.84M	151.49M
	Net Income Common Stockholders
296.08M	367.68M	631.04M	264.67M	-197.88M	-63.83M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
-124.44M	3.15M	41.89M	-122.03M	-125.96M	-119.31M
	Total Assets
3.13B	3.06B	2.82B	2.39B	2.16B	2.33B
	Total Debt
339.44M	305.05M	332.12M	541.26M	706.36M	642.35M
	Net Debt
463.88M	305.05M	290.23M	663.29M	832.32M	761.66M
	Total Liabilities
996.05M	943.02M	886.17M	956.17M	1.00B	982.61M
	Stockholders Equity
2.14B	2.12B	1.94B	1.44B	1.16B	1.35B
Cash Flow		Free Cash Flow
116.86M	160.14M	428.64M	50.74M	-32.91M	-53.19M
	Operating Cash Flow
676.18M	721.34M	844.82M	338.58M	147.20M	263.86M
	Investing Cash Flow
-561.13M	-531.59M	-442.09M	-176.26M	-201.43M	-312.16M
	Financing Cash Flow
-115.05M	-231.65M	-360.83M	-162.32M	54.23M	48.30M

Nova Minerals Limited Sponsored ADR Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FSI	61 Neutral	$53.75M	23.12	6.19%	―	-3.23%	-2.01%
NVA	59 Neutral	$74.51M	―	-9.46%	―	―	-28.25%
Sector *	51 Neutral	$2.03B	-1.27	-21.09%	3.98%	2.91%	-30.50%
XPL	40 Underperform	$56.21M	―	-21.64%	―	―	-19.10%
WWR	36 Underperform	$42.50M	―	-9.10%	―	―	-40.85%
AREC	35 Underperform	$71.70M	―	63.45%	―	-98.13%	-444.28%
HYMC	31 Underperform	$77.32M	―		―	―	1.67%