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Novo Resources Corp
TSX:NVO

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Novo Resources Corp
TSX:NVO
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Price: 0.095 CAD 5.56%
Market Cap: CA$33.7m

Relative Value

The Relative Value of one NVO stock under the Base Case scenario is 0.016 CAD. Compared to the current market price of 0.095 CAD, Novo Resources Corp is Overvalued by 83%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NVO Relative Value
Base Case
0.016 CAD
Overvaluation 83%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

NVO Competitors Multiples
Novo Resources Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CA
Novo Resources Corp
TSX:NVO
35.1m CAD 0 -2.1 -2 -2
RU
Polyus PJSC
LSE:PLZL
70.4T USD 11 233.1 34 959.7 19 286.2 22 132.2
ZA
Gold Fields Ltd
JSE:GFI
705.5B ZAR 5 12.3 7.5 8.9
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
169.7B ZAR 2.1 10.4 5.2 6.3
CN
Zijin Mining Group Co Ltd
SSE:601899
927.6B CNY 2.8 20.4 16.5 16.5
US
Newmont Corporation
NYSE:NEM
117.2B USD 5.1 16.3 8.4 10.3
AU
Greatland Gold PLC
ASX:GGP
161.2B AUD 89.1 252.9 182.2 204.5
CA
Agnico Eagle Mines Ltd
TSX:AEM
135.9B CAD 8.2 21.9 11.9 15
CA
Barrick Gold Corp
TSX:ABX
93.6B CAD 4 13.6 6.6 8.2
CA
Barrick Mining Corp
F:ABR0
59.3B EUR 4.1 14 6.8 8.4
HK
Zijin Gold International Co Ltd
HKEX:2259
482B HKD 20.6 128 43.8 62.1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CA
Novo Resources Corp
TSX:NVO
Average EV/EBITDA: 1 957.5
Negative Multiple: -2
N/A N/A
RU
P
Polyus PJSC
LSE:PLZL
19 286.2
N/A N/A
ZA
G
Gold Fields Ltd
JSE:GFI
7.5
16%
0.5
ZA
H
Harmony Gold Mining Company Ltd
JSE:HAR
5.2
34%
0.2
CN
Zijin Mining Group Co Ltd
SSE:601899
16.5
45%
0.4
US
Newmont Corporation
NYSE:NEM
8.4
11%
0.8
AU
G
Greatland Gold PLC
ASX:GGP
182.2
-5%
N/A
CA
Agnico Eagle Mines Ltd
TSX:AEM
11.9
14%
0.9
CA
Barrick Gold Corp
TSX:ABX
6.6
21%
0.3
CA
Barrick Mining Corp
F:ABR0
6.8
21%
0.3
HK
Z
Zijin Gold International Co Ltd
HKEX:2259
43.8
69%
0.6
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett