Novo Resources Corp Stock Today
| NSRPF Stock | USD 0.07 0 6.01% |
PerformanceInsignificant
| Odds Of DistressBelow Average
|
Novo Resources is trading at 0.0688 as of the 16th of February 2025. This is a 6.01% increase since the beginning of the trading day. The stock's lowest day price was 0.0632. Novo Resources has about a 37 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 17th of January 2025 and ending today, the 16th of February 2025. Click here to learn more.
Novo Resources Corp., together with its subsidiaries, engages in evaluating, acquiring, exploring, and developing natural resource properties in Canada, Australia, and the United States. Novo Resources Corp. was incorporated in 2009 and is headquartered in Vancouver, Canada. The company has 262.15 M outstanding shares. More on Novo Resources Corp
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Novo OTC Stock Highlights
| Vice President - Finance | Ronan SaboWalsh |
| Thematic Idea | Gold and Gold Mining (View all Themes) |
| Business Concentration | Gold and Gold Mining, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) |
Novo Resources Corp [NSRPF] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Micro-Cap' category with a current market capitalization of 62.29 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Novo Resources's market, we take the total number of its shares issued and multiply it by Novo Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Novo Resources Corp classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 262.15 M outstanding shares.
Novo Resources Corp has accumulated about 74.88 M in cash with (19.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.3, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership AllocationNovo Resources Corp maintains a total of 262.15 Million outstanding shares. Roughly 98.46 % of Novo Resources outstanding shares are held by general public with 1.23 pct. owned by insiders and only 0.31 % by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Novo Resources Corp Risk Profiles
| Mean Deviation | 3.84 | |||
| Semi Deviation | 4.11 | |||
| Standard Deviation | 5.33 | |||
| Variance | 28.4 |
Novo Stock Against Markets
Picking the right benchmark for Novo Resources otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Novo Resources otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Novo Resources is critical whether you are bullish or bearish towards Novo Resources Corp at a given time. Please also check how Novo Resources' historical prices are related to one of the top price index indicators.
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Novo Resources Corporate Management
Elected by the shareholders, the Novo Resources' board of directors comprises two types of representatives: Novo Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Novo. The board's role is to monitor Novo Resources' management team and ensure that shareholders' interests are well served. Novo Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Novo Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Alwin Roij | Exploration Geologist | Profile | |
| Leonidas Karabelas | VP Communications | Profile | |
| Michael MBA | Ex CEO | Profile | |
| Karen Luca | Gen Exploration | Profile |
Other Information on Investing in Novo OTC Stock
Novo Resources financial ratios help investors to determine whether Novo OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Novo with respect to the benefits of owning Novo Resources security.