TSX · Gold · CAD

Novo Resources Corp. (NVO.TO) Stock Analysis

Novo Resources Corp. (NVO.TO) is a Gold stock listed on TSX and quoted in Canadian Dollar.

Last Updated: October 20, 2026

NVO.TO

CA$0.06

CA$0.00 (0.00%)

Oct 20, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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NVO.TO Key Statistics

As of Oct 20, 2026

Trading

Open: CA$0.06
Previous Close: CA$0.06
52-Week Range: 0.001–0.28
Volume: 78.48K
Beta: 0.81

Valuation

Market Cap: CA$25.96M
P/E Ratio: unprofitable
EPS (ttm): −0.06

Financials (FY)

Revenue (FY): CA$0.00
Net Income (FY): −CA$22.39M
Shares Outstanding: 432.60M
1-Year Return: −61.29%

Dividend and dates

Earnings Date: October 27, 2026estimated
Avg Volume: 158.57K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 20, 2026, NVO.TO closed at CA$0.06, −61.29% over 1 year.

Novo Resources Corp. (NVO.TO) has a market capitalization of CA$25.96M.

In fiscal 2025, NVO.TO reported revenue of CA$0.00.

NVO.TO Stock Return by Calendar Year

Novo Resources Corp. (NVO.TO) 10-year return: what CA$10,000 became

1 year: CA$10,000 CA$3,871; −61.29%
5 years: CA$10,000 CA$385; −96.15%
10 years: CA$10,000 CA$435; −95.65%

If you had invested CA$10,000 in Novo Resources Corp. (NVO.TO) 10 years ago, at the close on October 20, 2016, it would have been worth CA$435 at the close on October 20, 2026: −95.65% in total, −26.92% a year. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+361.25%−80.07%−57.14%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	−57.14%
2025	+75.00%
2024	−46.67%
2023	−47.37%
2022	−80.07%
2021	−39.92%
2020	−37.53%
2019	+53.63%
2018	−32.79%
2017	+361.25%
2016 (partial year)	−35.48%

As of October 20, 2026.

NVO.TO Revenue and Earnings by Fiscal Year

FY ends December

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	CA$0.00	−CA$22.39M	—
2024	CA$0.00	−CA$23.23M	—
2023	CA$0.00	−CA$127.81M	—
2022	CA$0.00	−CA$105.42M	—

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	CA$0.00	—	−CA$22.84M	−CA$22.39M	—
2024	CA$0.00	—	−CA$21.92M	−CA$23.23M	—
2023	CA$0.00	—	−CA$29.98M	−CA$127.81M	—
2022	CA$0.00	−CA$23.64M	−CA$34.40M	−CA$105.42M	—

Annual figures as reported, in the company's reporting currency. As of December 31, 2025.

Analysis

Data-derived

Company Overview

Novo Resources Corp. (NVO.TO) carries a market capitalisation of CA$25.96M. It is classified in the Gold industry, within the Basic Materials sector.

NVO.TO last closed at CA$0.06 on October 20, 2026. The close was unchanged from the previous session. The 52-week range on file runs from CA$0.001 to CA$0.28. The latest close sits 5,900% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of CA$0.00. The same year closed with a net loss of CA$22.39M. Earnings per share on a trailing basis come to −0.06.

Across the 4 fiscal years on file, revenue moves from CA$0.00 in 2022 to CA$0.00 in 2025. Of those 4 years, 0 report positive net income.

Valuation Assessment

The record shows negative trailing earnings, so no price-to-earnings ratio is published.

Beta against the wider market is reported at 0.81. Annualized volatility over the trailing 10 years is 89.67%. The trailing one-year total return is −61.29%. Measured over 10 years, that is −26.92% a year compounded.

Growth & Income

No dividend is on file for NVO.TO.

Across the complete calendar years on file, 2017 returned +361.25% and 2022 returned −80.07%. Of the 9 complete calendar years on file, 3 finished higher. So far in 2026 the total return is −57.14%.

Peer Comparison

Novo Resources Corp. (NVO.TO) operates in the Gold industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Novo Resources Corp.	NVO.TO	CA$25.96M	—
Newmont Corporation	NEM	$123.47B	14.8
Agnico Eagle Mines Limited	AEM	$94.87B	16.0
Barrick Mining Corporation	ABX.TO	CA$94.18B	10.7

Market caps are shown in each company's own trading currency, without conversion, and the peers are listed in order of these unconverted figures.

The Gold industry average P/E ratio is 12.3x. Novo Resources Corp. has no P/E ratio because it is not currently profitable.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 20, 2026.

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About Novo Resources Corp.

Novo Resources Corp., together with its subsidiaries, evaluates, acquires, explores, and develops mineral properties in Australia. The company explores for gold and copper deposits. Its flagship project is the Becher Project which covers an area of approximately 20 square kilometers located in the northern sector of Egina Gold Camp, 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 West Perth, Australia.

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