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. It holds approximately 7,500 sq km of land in the Pilbara region of Western Australia, as well as interests in various projects located in Victoria, Australia. It also holds interest in the John Bull Gold project located in the New England district, New South Wales; and Tibooburra Gold project located in the Albert Goldfields in northwestern New South Wales. 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.
Metrics to compare | NVO | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipNVOPeersSector | |
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P/E Ratio | −0.8x | −10.4x | −0.1x | |
PEG Ratio | 0.01 | −0.09 | 0.00 | |
Price/Book | 0.5x | 1.9x | 1.6x | |
Price / LTM Sales | - | 8.9x | 1.2x | |
Upside (Analyst Target) | - | 0.0% | 31.2% | |
Fair Value Upside | Unlock | 5.5% | 2.8% | Unlock |