Novo Resources Corp (NVO) Fair Value & Analysis
Basic Materials · CA · Market cap C$33.1M
Fair value as of: Jun 26, 2026
From 1 valuation models · updated 4 days ago
Fair value updated Jun 26, 2026 — revised from C$0.3400 to C$0.0700 (−79.4%) since Jun 24, 2026. Share price −18.8% over the past month.
Price vs Fair Value (12 months)
12‑month range C$0.0700 – C$0.2962 · fair‑value band C$0.0630 – C$0.0980 · the C$0.0700 price screens below the C$0.0700 fair value. As of Jun 26, 2026.
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Novo Resources Corp (NVO) currently trades at C$0.0700, while our model-based Fair Value estimate is C$0.0700 — implying the stock looks roughly 0.0% undervalued today. We read business quality at 95/100 (high quality), in the Basic Materials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low) — always confirm before acting.
Trailing-twelve-month revenue stands at C$2.5M. It earns a return on equity of -35.7%. The balance sheet holds a net cash position of C$7.3M. Fundamentals as of Jun 26, 2026
Key figures & financial health
Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.
About the company
Novo Resources Corp., together with its subsidiaries, evaluates, acquires, explores, and develops mineral properties in Australia. The company explores for gold and copper deposits. Its flagship project is the Becher Project which covers an area of approximately 20 square kilometers located in the northern sector of Egina Gold Camp, Western 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 West Perth, Australia.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Novo Resources Corp reported revenue of C$0 in FY2025 versus C$112M in FY2021. Reported net income was −C$22.4M in FY2025.
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| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Newmont Corporation NEMCL | $112.00 | $141.64 | +26% |
| Zijin Mining Group 601899 | ¥27.70 | ¥39.42 | +42% |
| Agnico Eagle Mines Limited AEM | $176.75 | $225.34 | +27% |
| Barrick Mining Corporation B | $37.19 | $70.51 | +90% |
| Wheaton Precious Metals Corp SII | €105.35 | €52.47 | -50% |
| AngloGold Ashanti plc AU | $86.23 | $88.63 | +3% |
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.
Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.