Novo Resources Corp Valuation
Based on Macroaxis valuation methodology, the firm cannot be evaluated at this time. Novo Resources Corp last-minute Real Value cannot be determined due to lack of data. The latest price of Novo Resources Corp is $0.0. Our model forecasts the value of Novo Resources Corp from analyzing the firm fundamentals such as Price To Earning of 2.30 X, profit margin of (1.28) %, and Return On Equity of -0.49 as well as examining its technical indicators and probability of bankruptcy.
Novo Resources Total Value Analysis
Novo Resources Corp is now estimated to have takeover price of 0 with market capitalization of 0, debt of 37.38 M, and cash on hands of 21.94 M. Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Novo Resources fundamentals before making investing decisions based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
0 | 0 | 37.38 M | 21.94 M |
Novo Resources Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Novo Resources has an asset utilization ratio of 24.26 percent. This implies that the Company is making $0.24 for each dollar of assets. An increasing asset utilization means that Novo Resources Corp is more efficient with each dollar of assets it utilizes for everyday operations.Novo Resources Profitability Analysis
The company reported the revenue of 112.24 M. Net Loss for the year was (704 K) with profit before overhead, payroll, taxes, and interest of 0.Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Novo Resources' worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Novo Resources and how it compares across the competition.
Novo Resources Growth Indicators
Investing in growth stocks can be very risky. If the company such as Novo Resources does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
| Common Stock Shares Outstanding | 245.9 M | |
| Retained Earnings | -157.9 M |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Other Consideration for investing in Novo Pink Sheet
If you are still planning to invest in Novo Resources 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 Novo Resources' history and understand the potential risks before investing.
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