As of 2025-10-24, the Relative Valuation of Novo Resources Corp (NVO.TO) is (0.27) CAD. This relative valuation is based on P/E multiples. With the latest stock price at 0.14 CAD, the upside of Novo Resources Corp based on Relative Valuation is -302.2%.
The range of the Relative Valuation is (0.22) - (0.33) CAD.
Note: valuation result may not be accurate due to the low predictability of business.
| Range | Selected | |
| Trailing P/E multiples | - | - |
| Forward P/E multiples | 4.6x - 6.9x | 5.8x |
| Fair Price | (0.22) - (0.33) | (0.27) |
| Upside | -261.7% - -342.6% | -302.2% |
| Date | P/E |