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Novo Resources Corp NVO

Morningstar Rating
CAD 0.15 0.00 (0.00%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NVO is trading at a 68% discount.
Price
CAD 0.15
Fair Value
CAD 4.63
Uncertainty
Extreme
1-Star Price
CAD 8.12
5-Star Price
CAD 7.66
Economic Moat
Wkqb
Capital Allocation
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News

Trading Information

Previous Close Price
CAD 0.15
Day Range
CAD 0.150.16
52-Week Range
CAD 0.110.33
Bid/Ask
CAD 0.15 / CAD 0.16
Market Cap
CAD 53.19 Mil
Volume/Avg
106,333 / 134,623

Key Statistics

Price/Earnings (Normalized)
1.36
Price/Sales
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Novo Resources Corp is a company engaged in the business of evaluating, acquiring, and exploring natural resource properties with a focus on gold. The organization has business interests in properties located in Australia, Canada, and the USA. Its projects include Beatons Creek Property, Millennium Property, Blue Spec; Paleo-Placer; Comet Well, and others. It has two segments Mining operations and exploration operations.
Sector
Basic Materials
Industry
Gold
Stock Style Box
Small Value
Total Number of Employees
40

Comparables

Valuation

Metric
NVO
WRN
KNT
Price/Earnings (Normalized)
1.3631.97
Price/Book Value
2.272.323.76
Price/Sales
6.58
Price/Cash Flow
16.04
Price/Earnings
NVO
WRN
KNT

Financial Strength

Metric
NVO
WRN
KNT
Quick Ratio
2.577.192.23
Current Ratio
2.667.473.08
Interest Coverage
−132.2215.61
Quick Ratio
NVO
WRN
KNT

Profitability

Metric
NVO
WRN
KNT
Return on Assets (Normalized)
15.93%−2.69%10.38%
Return on Equity (Normalized)
34.47%−2.79%12.28%
Return on Invested Capital (Normalized)
20.36%−3.72%12.08%
Return on Assets
NVO
WRN
KNT
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Capital Allocation
Economic Moat
Market Cap
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NEM
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AEM
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GOLD
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WPM
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FNV
Franco-Nevada CorpVldqb$23.4 Bil
GFI
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KGC
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