Novo Resources Corp.

Novo Resources Corp.verified

NVOOF

Price:

$0.5

Market Cap:

$30.14M

Novo Resources Corp., together with its subsidiaries, engages in evaluating, acquiring, exploring, and developing natural resource properties in Canada, Australia, and the United States. The company primarily explores for gold deposits. Its flagship property is the Beatons Creek property located in the Pilbara region of 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 Vancouver, Canada.[Read more]

Industry

Gold

IPO Date

Stock Exchange

PNK

Ticker

NVOOF

The ROE as of December 2024 (TTM) for Novo Resources Corp. (NVOOF) is -133.83%

According to Novo Resources Corp.’s latest financial reports and current stock price. The company's current ROE is -133.83%. This represents a change of 313.29% compared to the average of -32.38% of the last 4 quarters.

Novo Resources Corp. (NVOOF) Historical ROE (quarterly & annually)

How has NVOOF ROE performed in the past?

The mean historical ROE of Novo Resources Corp. over the last ten years is -26.25%. The current -133.83% ROE has changed 409.74% with respect to the historical average. Over the past ten years (40 quarters), NVOOF's ROE was at its highest in in the September 2021 quarter at 17.82%. The ROE was at its lowest in in the December 2023 quarter at -107.02%.

Quarterly (TTM)
Annual

Average

-26.25%

Median

-10.52%

Minimum

-150.50%

Maximum

-0.22%

Novo Resources Corp. (NVOOF) ROE by Quarter and Year

Discovering the peaks and valleys of Novo Resources Corp. 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 = 24.94%

Maximum Annual ROE = -0.22%

Minimum Annual Increase = -98.03%

Minimum Annual ROE = -150.50%

Quarterly (TTM)
Annual
YearROEChange
2023-150.50%168.36%
2022-56.08%24.94%
2021-0.22%-98.03%
2020-11.37%41.08%
2020-8.06%-20.33%
2019-10.12%-18.26%
2018-12.38%13.39%
2017-10.92%611.19%
2016-1.53%12.90%
2015-1.36%-89.14%

Novo Resources Corp. (NVOOF) Average ROE

How has NVOOF ROE performed in the past?

The current ROE of Novo Resources Corp. (NVOOF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-68.94%

5-year avg

-45.25%

10-year avg

-26.25%

Novo Resources Corp. (NVOOF) ROE vs. Peers

How is NVOOF’s ROE compared to its peers?

Novo Resources Corp.’s ROE is

CompanyROEMarket cap

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Frequently asked questions❓

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How does the current ROE for Novo Resources Corp. (NVOOF) compare to its historical average?