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Novo Resources Corp T.NVO

Alternate Symbol(s):  NSRPF

Metals & Mining Gold
Novo Resources Corp. is a gold explorer focused on discovering gold projects. The Company is engaged primarily in the business of evaluating, acquiring, exploring, and developing natural resource properties with a focus on gold. It has a land package covering approximately 5,500 square kilometers in the Pilbara region of Western Australia, along with the 22 square kilometer Belltopper project in the Bendigo Tectonic Zone of Victoria, Australia. Its key project area is the Egina Gold Camp, where De Grey Mining is farming-in to form a JV at the Becher Project and surrounding tenements through exploration. The Company is also advancing gold exploration at Nunyerry North. It focuses on undertaking early-stage exploration across its Pilbara tenement portfolio. It has also formed a lithium joint venture with SQM Australia Pty Ltd (SQM) in the Pilbara, which provides shareholder exposure to battery metals. Its Belltopper Gold Project comprises the adjacent Malmsbury and Queens projects.


TSX:NVO - Post by User

Novo Resources Corp > Novo's Trading Below Book Value + Has Low Debt! 💰
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Comment by Perambulatoron Dec 16, 2021 6:40pm
76 Views
Post# 34238859

RE:Novo's Trading Below Book Value + Has Low Debt! 💰

RE:Novo's Trading Below Book Value + Has Low Debt! 💰 There is a reason why they are trading below book value...Novo has totally incompetent management. Somehow they manage to stuff up everything they attempt to do. In order to realise potential value a company must achieve their objectives, and with such hopeless management they cant come even close....
bull_runz wrote:
P/B Ratio 1: 0.885

D/E Ratio 1: 0.28

Load up!



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