Novo Resources Corp (TSE:NVO)
TSX:NVO
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NVO Stock Chart & Stats
C$0.12
C$0.00(0.00%)
At close: 4:00 PM EST
C$0.12
C$0.00(0.00%)
Day’s Range― - ―
52-Week RangeC$0.07 - C$0.28
Previous CloseN/A
Volume19.40K
Average Volume (3M)322.94K
Market Cap
C$26.89M
Enterprise ValueC$18.20M
Total Cash (Recent Filing)C$10.60M
Total Debt (Recent Filing)C$285.00K
Price to Earnings (P/E)―
Beta0.97
Next EarningsN/A
EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding413,677,900
10 Day Avg. Volume496,204
30 Day Avg. Volume322,941
Financial Highlights & Ratios
PEG Ratio0.58
Price to Book (P/B)1.07
Price to Sales (P/S)0.00
P/FCF Ratio-4.09
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Leverage / Balance-sheet ResilienceVery low reported leverage materially reduces solvency and refinancing risk for an exploration company. With minimal debt service the firm has greater flexibility to fund exploration via equity or asset-sale deals, preserving optionality across cycles.
Improving Operating Cash BurnThe material reduction in negative operating cash flow signals tighter cost control or lower spend intensity, which lengthens runway without new capital. A sustained lower burn rate makes the business model more durable and reduces frequency of dilutive financings.
Flexible Monetization ModelA diversified set of value-realization pathways (asset sales, farm-outs, JV earn-ins, equity holdings, royalties) gives management many durable options to monetize exploration successes, reducing dependency on a single exit route and supporting strategic dealmaking.
Bears Say
No Recent Revenue And Persistent LossesAbsence of recurring revenue means the company cannot self-fund exploration or development from operations. Persistent net losses degrade equity and force reliance on external funding or asset disposals, increasing execution and dilution risk over time.
Negative Free Cash Flow Across PeriodsConsistently negative free cash flow creates structural funding needs: the company must regularly access capital markets or transact assets. This dependency heightens vulnerability to market access constraints and can delay or curtail exploration programs.
Eroding Asset Base And EquitySharp declines in reported assets and equity over recent years reduce the company's cushion and bargaining power in farm-outs or sales. Diminished balance-sheet size limits strategic flexibility and could restrict ability to fund or partner on larger development opportunities.
Novo Resources News
NVO FAQ
What was Novo Resources Corp’s price range in the past 12 months?
Novo Resources Corp lowest stock price was C$0.07 and its highest was C$0.28 in the past 12 months.
What is Novo Resources Corp’s market cap?
Novo Resources Corp’s market cap is C$26.89M.
When is Novo Resources Corp’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Novo Resources Corp’s earnings last quarter?
Currently, no data Available
Is Novo Resources Corp overvalued?
According to Wall Street analysts Novo Resources Corp’s price is currently Overvalued.
Does Novo Resources Corp pay dividends?
Novo Resources Corp does not currently pay dividends.
What is Novo Resources Corp’s EPS estimate?
Novo Resources Corp’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Novo Resources Corp have?
Novo Resources Corp has 413,677,900 shares outstanding.
What happened to Novo Resources Corp’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Novo Resources Corp?
Currently, no hedge funds are holding shares in TSE:NVO
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Novo Resources Corp
Novo Resources Corp., together with its subsidiary entities, is involved in the evaluation, acquisition, exploration, and subsequent development of natural resource assets throughout Canada, Australia, and the United States. The company's primary focus is centered on identifying gold deposits. Its most significant holding is the Beatons Creek property, situated within the Pilbara region of Western Australia. Founded in 2009, the corporation was initially registered as Galliard Resources Corp. before officially adopting the name Novo Resources Corp. in June 2011. Its main corporate office is located in Vancouver, Canada.
Technical Analysis
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Options Prices
Currently, No data available
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