Novo Resources Corp., together with its subsidiaries, engages in evaluating, acquiring, exploring, and developing natural resource properties in Canada, Australia, and the United States. The company primarily explores for gold deposits. It holds approximately 7,500 sq km of land in the Pilbara region of Western Australia, as well as interests in various projects located in Victoria, Australia. The company was formerly known as Galliard Resources Corp. and changed its name to Novo Resources Corp. in June 2011. Novo Resources Corp. was incorporated in 2009 and is headquartered in Vancouver, Canada.
Research context
Novo Resources Corp appears in PyInvesting’s Frankfurt Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- EUR
- Sector
- Basic Materials
- Industry
- Gold
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5 years, 6 months ago
Novo Resources Corp is currently in a long term downtrend where the price is trading 20.5% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Novo Resources Corp's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has dropped by 262.8% to $-8M since the same quarter in the previous year.
Finally, its free cash flow fell by 51.3% to $-11M since the same quarter in the previous year.
Based on the above factors, Novo Resources Corp gets an overall score of 1/5.