Nova Minerals Financials
| NVA Stock | 9.21 0.87 8.63% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Debt Equity Ratio | 0.16 | 0.17 |
|
| |||||
| Current Ratio | 0.66 | 0.93 |
|
|
The essential information of the day-to-day investment outlook for Nova Minerals includes many different criteria found on its balance sheet. An individual investor should monitor Nova Minerals' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Nova Minerals.
Net Income |
|
Nova | Select Account or Indicator |
Please note, the presentation of Nova Minerals' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Nova Minerals' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Nova Minerals' management manipulating its earnings.
Nova Minerals Stock Summary
Nova Minerals competes with Daqo New, Cirrus Logic, ASE Industrial, Micron Technology, and Analog Devices. Nova Minerals is entity of United States. It is traded as Stock on NYSE MKT exchange.| Foreign Associate | Australia |
Specialization | Basic Materials, Other Industrial Metals & Mining |
| Instrument | USA Stock View All |
| Exchange | NYSE MKT Exchange |
| CUSIP | 66982D104 |
| Location | Australia |
| Business Address | 242 Hawthorn Road, |
| Sector | Basic Materials |
| Industry | Gold |
| Benchmark | Dow Jones Industrial |
| Website | novaminerals.com.au |
| Phone | 61 3 9537 1238 |
Nova Minerals Key Financial Ratios
| Return On Equity | -0.15 | ||||
| Revenue | 1.26 B | ||||
| EBITDA | 767.13 M | ||||
| Net Income | 367.68 M | ||||
| Book Value Per Share | 0.42 X |
Nova Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Nova Minerals's current stock value. Our valuation model uses many indicators to compare Nova Minerals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Nova Minerals competition to find correlations between indicators driving Nova Minerals's intrinsic value. More Info.Nova Minerals Limited is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . At present, Nova Minerals' Return On Equity is projected to increase slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Nova Minerals' earnings, one of the primary drivers of an investment's value.Nova Minerals Limited Systematic Risk
Nova Minerals' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Nova Minerals volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was sixty with a total number of output elements of one. The Beta measures systematic risk based on how returns on Nova Minerals Limited correlated with the market. If Beta is less than 0 Nova Minerals generally moves in the opposite direction as compared to the market. If Nova Minerals Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Nova Minerals Limited is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Nova Minerals is generally in the same direction as the market. If Beta > 1 Nova Minerals moves generally in the same direction as, but more than the movement of the benchmark.
Nova Minerals Thematic Clasifications
Nova Minerals Limited is part of Precious Metals investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Precious Metals industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Precious Metals industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
| Precious Metals | View |
Today, most investors in Nova Minerals Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Nova Minerals' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Nova Minerals growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
|
Nova Minerals March 4, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Nova Minerals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Nova Minerals Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of Nova Minerals Limited based on widely used predictive technical indicators. In general, we focus on analyzing Nova Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Nova Minerals's daily price indicators and compare them against related drivers.
| Downside Deviation | 5.14 | |||
| Information Ratio | 0.089 | |||
| Maximum Drawdown | 30.95 | |||
| Value At Risk | (7.47) | |||
| Potential Upside | 12.12 |
Complementary Tools for Nova Stock analysis
When running Nova Minerals' price analysis, check to measure Nova Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nova Minerals is operating at the current time. Most of Nova Minerals' value examination focuses on studying past and present price action to predict the probability of Nova Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nova Minerals' price. Additionally, you may evaluate how the addition of Nova Minerals to your portfolios can decrease your overall portfolio volatility.
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |