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Bullboard - Stock Discussion Forum 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... see more

TSX:NVO - Post Discussion

Novo Resources Corp > Novo's Trading Below Book Value + Has Low Debt! 💰
View:
Post by bull_runz on Dec 16, 2021 7:19am

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

P/B Ratio 1: 0.885

D/E Ratio 1: 0.28

Load up!
Comment by TheZookeeper on Dec 16, 2021 7:51am
This post has been removed in accordance with Community Policy
Comment by Perambulator on Dec 16, 2021 6:40pm
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....
Comment by likeike on Dec 16, 2021 7:29pm
So why don't you sell and move on or is logic not your strong suite? IKE
Comment by WickedWiley on Dec 16, 2021 8:12pm
This post has been removed in accordance with Community Policy
Novo Resources Corp