Nova Royalty Corp Analysis
NOVRFDelisted Stock | USD 1.23 0.01 0.81% |
Nova Royalty Corp is overvalued with Real Value of 1.04 and Hype Value of 1.23. The main objective of Nova Royalty otc analysis is to determine its intrinsic value, which is an estimate of what Nova Royalty Corp is worth, separate from its market price. There are two main types of Nova Royalty's stock analysis: fundamental analysis and technical analysis.
The Nova Royalty otc stock is traded in the USA on OTCQB Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Nova Royalty's ongoing operational relationships across important fundamental and technical indicators.
Nova |
Nova OTC Stock Analysis Notes
About 21.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.85. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nova Royalty Corp recorded a loss per share of 0.1. The entity had not issued any dividends in recent years. Nova Royalty Corp., a royalty and streaming company, focuses on the acquisition and management of royalties on the copper and nickel deposits. The company was incorporated in 2018 and is headquartered in Vancouver, Canada. NOVA ROYALTY operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 3 people.The quote for Nova Royalty Corp is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To find out more about Nova Royalty Corp contact Alexander CFA at 604 696 4241 or learn more at https://www.novaroyalty.com.Nova Royalty Corp Investment Alerts
Nova Royalty Corp is not yet fully synchronised with the market data | |
Nova Royalty Corp may become a speculative penny stock | |
Nova Royalty Corp has a very high chance of going through financial distress in the upcoming years | |
Nova Royalty Corp has accumulated 4.9 M in total debt with debt to equity ratio (D/E) of 0.1, which may suggest the company is not taking enough advantage from borrowing. Nova Royalty Corp has a current ratio of 0.84, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Nova Royalty until it has trouble settling it off, either with new capital or with free cash flow. So, Nova Royalty's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nova Royalty Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nova to invest in growth at high rates of return. When we think about Nova Royalty's use of debt, we should always consider it together with cash and equity. | |
The entity reported the revenue of 703.04 K. Net Loss for the year was (9.42 M) with profit before overhead, payroll, taxes, and interest of 703.04 K. | |
Nova Royalty Corp has accumulated about 936.58 K in cash with (4.49 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. | |
Roughly 21.0% of Nova Royalty outstanding shares are owned by corporate insiders |
Nova Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 98.12 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Nova Royalty's market, we take the total number of its shares issued and multiply it by Nova Royalty'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 Royalty Predictive Daily Indicators
Nova Royalty intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Nova Royalty otc stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
About Nova OTC Stock Analysis
OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how Nova Royalty prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Nova shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as Nova Royalty. By using and applying Nova OTC Stock analysis, traders can create a robust methodology for identifying Nova entry and exit points for their positions.
Nova Royalty Corp., a royalty and streaming company, focuses on the acquisition and management of royalties on the copper and nickel deposits. The company was incorporated in 2018 and is headquartered in Vancouver, Canada. NOVA ROYALTY operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 3 people.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our otc stock analysis tools, you can find out how much better you can do when adding Nova Royalty to your portfolios without increasing risk or reducing expected return.Did you try this?
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Other Consideration for investing in Nova OTC Stock
If you are still planning to invest in Nova Royalty Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nova Royalty's history and understand the potential risks before investing.
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