FRC
FRC Logo
Sign InGet Access

Connect With Us

Stay updated with our latest research and insights

Fundamental Research Corp Logo

Highly ranked equity research firm providing institutional grade tools and analysis to all investors worldwide. Trusted by global investors for over 20+ years.

20+ Years
Rate us on TrustpilotLeave a review

Policies

  • Privacy Policy
  • Terms of Service
  • Disclaimer

Company

  • About Us
  • Our Team
  • Contact Us
  • Leave a Review

Resources

  • Videos
  • Research Reports
  • FAQ
  • How to use FRC

Browse

  • Stock Directory
  • Stock Screener
  • Market Intel Weekly
  • Report Archive

Trackers

  • Congress Trading
  • Senate Trading
  • Congress Net Worth
  • Commodities

© 2026 Fundamental Research Corp. All Rights Reserved.

Professional investment research since 2003

Home
Research
Get Access
Sign In
Novo Resources Corp. Stock AnalysisComprehensive stock analysis for Novo Resources Corp. (NVO.TO) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisNVO.TO
NVO.TO
Novo Resources Corp.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
NVO.TO
Home🔹Stocks🔹Novo Resources Corp.

Novo Resources Corp.

🇨🇦NVO.TO•TSX

Novo Resources Corp.

🇨🇦NVO.TO•TSX
Market cap
$31.03M
Sentiment

Your view on NVO.TO

Mkt Cap
$31.03M
Sentiment
Your view
NVO.TO
Novo Resources Corp.
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
NVO.TO
Company Overview

Overview

What the company does, where it operates, and who runs it.

About Novo Resources Corp.

Industry
Gold
Sector
Basic Materials
CEO
Michael John Spreadborough MBA
Headquarters
580 Hornby Street, Vancouver, BC, CA
Industry
Gold
Sector
Basic Materials
CEO
Michael John Spreadborough MBA
Headquarters
580 Hornby Street, Vancouver, BC, CA
Description

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.

FRC Research

Media

Infographics, videos, and posts covering the company.

Financial Data

Stock Data

Price chart, volume, and trading data.

Fair Value

What FRC thinks it is worth vs. the current price.

FRC's fair value estimate for Novo Resources Corp., and the rating behind it. NVO.TO last traded at C$0.07; the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.

Financial Ratios

Profitability, returns, valuation, and leverage ratios.

Valuation, profitability, liquidity and leverage ratios for Novo Resources Corp.. Starting points for Novo Resources Corp.: EPS -C$0.05, beta 0.77 — an Gold name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.

Dividend Analysis

Yield, payout ratio, and dividend coverage metrics.

Dividend history, yield and payout sustainability for Novo Resources Corp.. Novo Resources Corp. does not currently pay a regular dividend, so this section tracks capacity rather than history. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.

Earnings Analysis

EPS history, beat rate, and upcoming earnings reports.

Reported vs. expected earnings history for Novo Resources Corp.. Trailing twelve-month EPS for Novo Resources Corp. stands at -C$0.05. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.

Financial Statements

Income statement, balance sheet, and cash flow statements.

Income statement, balance sheet and cash flow history for Novo Resources Corp.. Novo Resources Corp. has reported as a listed company since 2010. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.

Peer Comparison

Comparables

List of peer companies in the same industry.

Novo Resources Corp. valued side by side against its closest peers. Novo Resources Corp. is measured against Gold peers within the Basic Materials sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

Ownership & News

Institutional Ownership

Premium

Which funds and firms own the stock.

Which institutions hold Novo Resources Corp., and how their positions are changing. At a C$31.0M market value, institutional positions materially move Novo Resources Corp.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.

Insider Trading

Premium

Recent buying and selling by company executives.

Buying and selling by Novo Resources Corp. executives and directors. Shares of Novo Resources Corp. have traded between C$0.07 and C$0.17 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.

Senate Trading

Premium

U.S. Senator disclosures filed under the STOCK Act.

U.S. Senate disclosures naming Novo Resources Corp.. Novo Resources Corp. is a C$31.0M Basic Materials company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.

House Trading

Premium

U.S. Representative disclosures filed under the STOCK Act.

U.S. House of Representatives disclosures naming Novo Resources Corp.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.

News

Latest headlines and market coverage.

Latest headlines and company announcements for Novo Resources Corp.. Coverage tracks Novo Resources Corp. within Gold (Basic Materials). Press releases and market coverage, newest first.

Peer companies

  • AGC.CN — Avanti Gold Corp.
  • ALTA.V — Altamira Gold Corp.
  • ANK.V — Angkor Resources Corp.
  • ELR.TO — Eastern Platinum Limited
  • FOR.V — Fortune Bay Corp.
  • HMR.V — Homerun Resources Inc.
  • IVS.V — Inventus Mining Corp.
  • RYR.V — Royal Road Minerals Limited

More Gold companies

  • SNGCF — Sanu Gold Corp.
  • SNWGF — Snowline Gold Corp.
  • SNX.AX — Sierra Nevada Gold Inc.
  • SOI.V — Sirios Resources Inc.
  • SOMA.V — Soma Gold Corp.
  • SPA.V — Spanish Mountain Gold Ltd.
  • SPAUF — Spanish Mountain Gold Ltd.
  • SPX.V — Stellar AfricaGold Inc.
  • SRBIF — Serabi Gold plc
  • SRCRF — Scorpio Gold Corporation
  • SRMMF — Sarama Resources Ltd
  • SROYF — Sailfish Royalty Corp.

News

Latest Market News