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$33.09M
Enterprise ValueC$19.28M
Total Cash (Recent Filing)C$7.74M
Total Debt (Recent Filing)C$308.00K
Price to Earnings (P/E)―
Beta0.99
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 Financial LeverageVery low reported debt materially reduces near-term solvency risk for an exploration company. Low leverage preserves flexibility to pursue joint ventures, farm-outs or selective asset deals without pressing refinancing, supporting optionality across multiple funding pathways.
Moderating Cash Burn And Narrowing LossesMeaningful reduction in operating cash outflows and narrower net losses over two years indicates improving capital efficiency and lower near-term financing need. This trend improves runway and makes achieving break-even or funding project advancement less capital-intensive if sustained.
Asset Monetization / JV-friendly Business ModelA business model built on farm-outs, asset sales and royalty/partner structures is durable for an explorer: it enables de-risking projects, transfers funding burden to partners, and can generate episodic cash or liquid holdings without needing operating revenues.
Bears Say
No Recurring Operating RevenueLack of recurring revenue means long-term value depends on one-off transactions, successful resource conversion or external funding. This reduces predictability of cash flows, increases execution risk, and makes sustained investment in project development contingent on partners or markets.
Persistent Negative Cash FlowConsistent negative operating and free cash flow requires repeated external financing or asset sales, which can dilute shareholders or force distressed disposals. Over time, this constrains the firm's ability to advance projects independently and raises funding execution risk.
Erosion Of Equity And Asset BaseSharp decline in equity and assets suggests material impairments or write-downs, reducing the balance-sheet cushion available for project spend or partner negotiation. A weakened capital base can limit credibility with JV partners and heighten vulnerability to future shocks.
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$33.09M.
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
Novo Resources Stock Smart Score
Underperform
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10
Technicals
SMA
Positive
20 days / 200 days
Momentum
66.66%
12-Months-Change
Fundamentals
Return on Equity
-36.47%
Trailing 12-Months
Asset Growth
-28.06%
Trailing 12-Months
Company Description
Novo Resources Corp
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. Its flagship property is the Beatons Creek property located in the Pilbara region of Western Australia. The company was formerly known as Galliard Resources Corp. and changed its name to Novo Resources Corp. in June 2011. Novo Resources Corp. was incorporated in 2009 and is headquartered in Vancouver, Canada.
Technical Analysis
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Options Prices
Currently, No data available
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