Nova Minerals Limited Stock Today
| NVAAF Stock | USD 0.11 0.00 0.00% |
Performance0 of 100
| Odds Of DistressLess than 21
|
Nova Minerals is trading at 0.11 as of the 27th of November 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.11. Nova Minerals has about a 21 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Nova Minerals Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of December 2022 and ending today, the 27th of November 2024. Click here to learn more.
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.. The company has 210.05 M outstanding shares. More on Nova Minerals Limited
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Nova Pink Sheet Highlights
| Business Concentration | Other Industrial Metals & Mining, Basic Materials (View all Sectors) |
Nova Minerals Limited [NVAAF] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Micro-Cap' category with a current market capitalization of 93.37 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nova Minerals's market, we take the total number of its shares issued and multiply it by Nova Minerals'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. Nova Minerals Limited classifies itself under Basic Materials sector and is part of Other Industrial Metals & Mining industry. The entity has 210.05 M outstanding shares.
Nova Minerals Limited has accumulated about 21.28 M in cash with (2.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.12, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership AllocationNova Minerals Limited maintains a total of 210.05 Million outstanding shares. Nova Minerals Limited holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. 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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Nova Minerals Limited Risk Profiles
| Mean Deviation | 0.6632 | |||
| Standard Deviation | 2.74 | |||
| Variance | 7.48 | |||
| Risk Adjusted Performance | 0.1013 |
Nova Stock Against Markets
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Nova Minerals Corporate Management
| Olaf Frederickson | Consultant | Profile | |
| Mike Kammermann | Exploration Mang | Profile | |
| Craig Bentley | Exec Director | Profile | |
| Louie Simens | Ex Director | Profile | |
| Michael Melamed | Chief Officer | Profile | |
| P MSc | Chief Geologist | Profile | |
| Ian Pamensky | Company Sec | Profile |
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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .