NVO.TO
Novo Resources Corp
Price:  
0.09 
CAD
Volume:  
577,790.00
Canada | Metals & Mining
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NVO.TO Fair Value

-2,517.53 %
Upside

As of 2024-12-12, the Fair Value of Novo Resources Corp (NVO.TO) is -2.05 CAD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 0.09 CAD, the upside of Novo Resources Corp is -2,517.53%.

Note: valuation result may not be accurate due to the company's negative EPS.

0.09 CAD
Stock Price
-2.05 CAD
Fair Price
FAIR VALUE CALCULATION

NVO.TO Fair Value

Peter Lynch's formula is:

NVO.TO Fair Value
= Earnings Growth Rate x TTM EPS
NVO.TO Fair Value
= 5.00 x -0.41
NVO.TO Fair Value
= -2.05

The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.

Historical Earnings
2020-01-31 2020-12-31 2021-12-31 2022-12-31 2023-12-31 5Y Avg
Net income -11.96 -17.42 -0.70 -105.42 -127.81 -52.66
YoY growth 21.83% -45.65% 95.96% -14,874.15% -21.24% -2,964.65%

NVO.TO Fair Value - Key Data

Market Cap (mil) 30.14
P/E
Forward P/E
EPS -0.41
Avg earnings growth rate -2,964.65%
TTM earnings -145.75