Nova Minerals (Germany) Today
| QM3 Stock | EUR 0.16 0.01 5.88% |
Performance13 of 100
| Odds Of DistressOver 51
|
Nova Minerals is trading at 0.16 as of the 19th of December 2024. This is a 5.88 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.16. Nova Minerals has 51 percent odds of going through some form of financial distress in the next two years but had a very good returns during the last 90 days. The performance scores are derived for the period starting the 25th of December 2023 and ending today, the 19th of December 2024. Click here to learn more.
Nova Minerals Limited engages in the mineral exploration activities in the United States, Australia, and Canada. Nova Minerals Limited was incorporated in 1987 and is based in Melbourne, Australia. NOVA MINERALS operates under Other Industrial Metals Mining classification in Germany and is traded on Frankfurt Stock Exchange.. The company has 210.05 M outstanding shares. More on Nova Minerals Limited
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Nova Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Nova Minerals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Nova Minerals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Christopher Gerteisen |
| Business Concentration | Other Industrial Metals & Mining, Basic Materials (View all Sectors) |
Nova Minerals Limited (QM3) is traded on Frankfurt Exchange in Germany and employs 14 people. The company currently falls under 'Micro-Cap' category with a current market capitalization of 79.69 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 23.25 M in cash with (2.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
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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. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. 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
Although Nova Minerals' alpha and beta are two of the key measurements used to evaluate Nova Minerals' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 5.82 | |||
| Semi Deviation | 6.18 | |||
| Standard Deviation | 7.86 | |||
| Variance | 61.8 |
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Nova Minerals Corporate Management
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 | Profile | |
| Mike Kammermann | Exploration Mang | Profile | |
| Craig Bentley | Exec Director | Profile | |
| David Hersham | Non-Executive Chairman of the Board | Profile | |
| Romy Hersham | Co-Company Secretary | Profile | |
| Louie Simens | Executive Director | Profile | |
| Avi Geller | Non-Executive Director | Profile |
Additional Information and Resources on Investing in Nova Stock
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 Stock, refer to the following important reports:Check out Your Equity Center 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 board of governors. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.