Michael Melamed - Nova Minerals Chief Officer

NVAAF Stock  USD 0.11  0.00  0.00%   

Insider

Michael Melamed is Chief Officer of Nova Minerals Limited
Age 48
Phone61 3 9537 1238
Webhttps://novaminerals.com.au

Nova Minerals Management Efficiency

The company has return on total asset (ROA) of (0.3832) % which means that it has lost $0.3832 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.4385 %, meaning that it generated $0.4385 on every $100 dollars invested by stockholders. Nova Minerals' management efficiency ratios could be used to measure how well Nova Minerals manages its routine affairs as well as how well it operates its assets and liabilities.
Nova Minerals Limited has accumulated 862.37 K in total debt with debt to equity ratio (D/E) of 0.02, which may suggest the company is not taking enough advantage from borrowing. Nova Minerals Limited has a current ratio of 5.27, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Nova Minerals until it has trouble settling it off, either with new capital or with free cash flow. So, Nova Minerals' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nova Minerals Limited sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nova to invest in growth at high rates of return. When we think about Nova Minerals' use of debt, we should always consider it together with cash and equity.

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Nova Minerals Limited engages in the exploration of mineral properties in Australia, Canada, and the United States. Nova Minerals Limited was incorporated in 1987 and is based in Melbourne, Australia. Nova Minerals operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. Nova Minerals Limited [NVAAF] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

Nova Minerals Limited Leadership Team

Elected by the shareholders, the Nova Minerals' board of directors comprises two types of representatives: Nova Minerals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nova. The board's role is to monitor Nova Minerals' management team and ensure that shareholders' interests are well served. Nova Minerals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nova Minerals' outside directors are responsible for providing unbiased perspectives on the board's policies.
Olaf Frederickson, Consultant
Mike Kammermann, Exploration Mang
Craig Bentley, Exec Director
Louie Simens, Ex Director
Michael Melamed, Chief Officer
P MSc, Chief Geologist
Ian Pamensky, Company Sec
Christopher Gerteisen, MD CEO

Nova Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Nova Minerals a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Nova Pink Sheet

When determining whether Nova Minerals Limited is a strong investment it is important to analyze Nova Minerals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nova Minerals' future performance. For an informed investment choice regarding Nova Pink Sheet, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nova Minerals Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Please note, there is a significant difference between Nova Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nova Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nova Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.