` 1NO (Novo Resources Corp) vs DAX Index Comparison - Alpha Spread

1NO
vs
D
DAX Index

Over the past 12 months, 1NO has significantly outperformed DAX Index, delivering a return of +33% compared to the DAX Index's +9% growth.

Stocks Performance
1NO vs DAX Index

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Performance Gap
1NO vs DAX Index

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1NO
DAX Index
Difference
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Performance By Year
1NO vs DAX Index

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Competitors Performance
Novo Resources Corp vs Peers

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Novo Resources Corp
Glance View

Market Cap
272.3m EUR
Industry
Metals & Mining

Novo Resources Corp. engages in the evaluation, acquisition, and exploration of natural resource properties with a focus on gold. The company is headquartered in Vancouver, British Columbia and currently employs 111 full-time employees. The company went IPO on 2010-06-14. The firm is primarily focused on gold, particularly the Beatons Creek gold project (Beatons Creek Project). The firm's segments include Mining operations and Exploration operations. The firm owns 100% interest in approximately 6,021 square kilometers of mineral rights in the Karratha region. Its Comet Well project is situated approximately 45 kilometers (km) south of Karratha, Western Australia. Its Egina project lies in the Pilbara gold province approximately 120 km east of Company's Karratha gold project. Its Beatons creek gold project is located near the town of Nullagine in Western Australia. Its Marble Bar project comprises various gold targets around the town of Marble Bar. Its various other assets include Blue Spec Project, Millennium Property and Mt Elsie project, among others.

1NO Intrinsic Value
0.023 EUR
Overvaluation 73%
Intrinsic Value
Price
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