Novo Resources Corp

Company Profile

Novo Resources Corp had its IPO on under the ticker symbol NSRPF.

The company operates in the Basic Materials sector and Gold industry. Novo Resources Corp has a staff strength of 75 employees.

Stock update

Shares of Novo Resources Corp opened at $0.14 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.14 - $0.14, and closed at $0.14.

This is a 0% increase from the previous day's closing price.

A total volume of 96,279 shares were traded at the close of the day’s session.

In the last one week, shares of Novo Resources Corp have slipped by -2.57%.

Novo Resources Corp's Key Ratios

Novo Resources Corp has a market cap of $49.25 million, indicating a price to book ratio of 0.3938 and a price to sales ratio of 0.4622.

In the last 12-months Novo Resources Corp’s revenue was $30.48 million with a gross profit of $-21411000 and an EBITDA of $-50603000. The EBITDA ratio measures Novo Resources Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Novo Resources Corp’s operating margin was -348.39% while its return on assets stood at -21.78% with a return of equity of -47.87%.

In Q1.3333333333333, Novo Resources Corp’s quarterly earnings growth was a positive 0% while revenue growth was a negative 91.6%.

Novo Resources Corp’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-0.29 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Novo Resources Corp’s profitability.

Novo Resources Corp stock is trading at a EV to sales ratio of 0.1229 and a EV to EBITDA ratio of -0.1489. Its price to sales ratio in the trailing 12-months stood at 0.4622.

Novo Resources Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$224.23 million

Total Liabilities

$12.96 million

Operating Cash Flow

$0

Capital Expenditure

$1.54 million

Dividend Payout Ratio

0%

Novo Resources Corp ended 2024 with $224.23 million in total assets and $0 in total liabilities. Its intangible assets were valued at $224.23 million while shareholder equity stood at $169.65 million.

Novo Resources Corp ended 2024 with $0 in deferred long-term liabilities, $12.96 million in other current liabilities, in common stock, $-290727000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $26.84 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $0.

Novo Resources Corp’s total current assets stands at $29.30 million while long-term investments were $24.83 million and short-term investments were $146000.00. Its net receivables were $0 compared to accounts payable of $567000.00 and inventory worth $267000.00.

In 2024, Novo Resources Corp's operating cash flow was $0 while its capital expenditure stood at $1.54 million.

Comparatively, Novo Resources Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.14

52-Week High

$0.39

52-Week Low

$0.1347

Analyst Target Price

$

Novo Resources Corp stock is currently trading at $0.14 per share. It touched a 52-week high of $0.39 and a 52-week low of $0.39. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.16 and 200-day moving average was $0.21 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 1262.4% of the company’s stock are held by insiders while 2.3% are held by institutions.