Novo Resources Corp
SWB:1NO
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
N
|
Novo Resources Corp
SWB:1NO
|
CA |
|
OUTFRONT Media Inc
F:76C0
|
US |
Intrinsic Value
The intrinsic value of 
Novo Resources Corp (1NO) under the Base Case is 0.006 EUR per share.
Compared with the current market price of 0.032 EUR, the stock appears
Overvalued by 80% .
The intrinsic value is calculated using valuation multiples.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Novo Resources Does
Novo Resources Corp is a mineral exploration company that looks for gold deposits and tries to build them into mining projects. Its work is mostly early-stage: it studies geology, drills targets, and advances mineral claims in search of economic gold resources. The company does not run a broad mining business; it focuses on finding and de-risking specific projects.
- Headquarters
- Canada CA
- Employees
- 18
- IPO date
- Jun 14, 2010
Revenue & Expenses Breakdown
Novo Resources Corp
Earnings Waterfall
Novo Resources Corp
The intrinsic value for Novo Resources Corp (1NO) under the Base Case is 0.006 EUR.
Compared with the current market price of 0.032 EUR, the stock appears Overvalued by 80% .