Nova Minerals Limited

Nova Minerals Limitedverified

NVAAF

Price:

$0.108

Market Cap:

$38.55M

Nova Minerals Limited engages in the exploration of mineral properties in Australia, Canada, and the United States. The company explores for lithium and gold deposits. Its flagship projects include the Estelle gold project, a 35km long corridor of 21 identified gold prospects bracketed by the Korbel gold project in the north; and the RPM gold project in the south located in Alaska. The company was formerly known as Quantum Resources Limited and changed its name to Nova Minerals Limited in December 2017. Nova Minerals Limited was incorporated in 1987 and is based in Melbourne, Australia.[Read more]

Industry

Industrial Materials

IPO Date

2017-12-21

Stock Exchange

PNK

Ticker

NVAAF

The ROE as of September 2024 (TTM) for Nova Minerals Limited (NVAAF) is -22.56%

According to Nova Minerals Limited’s latest financial reports and current stock price. The company's current ROE is -22.56%. This represents a change of 294.39% compared to the average of -5.72% of the last 4 quarters.

Nova Minerals Limited (NVAAF) Historical ROE (quarterly & annually)

How has NVAAF ROE performed in the past?

The mean historical ROE of Nova Minerals Limited over the last ten years is 19.77%. The current -22.56% ROE has changed -100.11% with respect to the historical average. Over the past ten years (40 quarters), NVAAF's ROE was at its highest in in the March 2016 quarter at 42.89%. The ROE was at its lowest in in the September 2015 quarter at -111.64%.

Quarterly (TTM)
Annual

Average

19.77%

Median

-8.78%

Minimum

-42.00%

Maximum

197.42%

Nova Minerals Limited (NVAAF) ROE by Quarter and Year

Discovering the peaks and valleys of Nova Minerals Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 460.97%

Maximum Annual ROE = 197.42%

Minimum Annual Increase = -1563.06%

Minimum Annual ROE = -42.00%

Quarterly (TTM)
Annual
YearROEChange
2023-10.87%-130.33%
202235.85%-636.23%
2021-6.69%-75.29%
2020-27.05%-29.00%
2019-38.10%106.45%
2018-18.45%-56.06%
2017-42.00%-100.02%
2016197.42%460.97%
201542.82%-89.03%
2014390.24%-1563.06%

Nova Minerals Limited (NVAAF) Average ROE

How has NVAAF ROE performed in the past?

The current ROE of Nova Minerals Limited (NVAAF) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

6.10%

5-year avg

-9.37%

10-year avg

19.77%

Nova Minerals Limited (NVAAF) ROE vs. Peers

How is NVAAF’s ROE compared to its peers?

Nova Minerals Limited’s ROE is greater than Anson Resources Limited (-16.74%), greater than Ardea Resources Limited (-15.44%), greater than Aurelia Metals Limited (-9.26%), greater than Centaurus Metals Limited (-97.35%), greater than Edison Lithium Corp. (-16.49%), greater than Mundoro Capital Inc. (-3.69%), greater than Champion Bear Resources Ltd. (-18.67%), less than Baroyeca Gold & Silver Inc. (1.91%), greater than Artemis Resources Limited (-4.76%), less than Ascendant Resources Inc. (41.98%), less than Azimut Exploration Inc. (2.04%), greater than Altiplano Metals Inc. (-8.80%), greater than Cantex Mine Development Corp. (-189.17%), greater than Amarc Resources Ltd. (-42.49%), greater than Sterling Metals Corp. (-3.32%), greater than Silver X Mining Corp. (-47.16%), greater than Cobalt Blue Holdings Limited (-15.09%), less than Québec Nickel Corp. (6.91%), greater than Garibaldi Resources Corp. (-1.89%), greater than NorthIsle Copper and Gold Inc. (-43.56%),

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