As of 2026-09-20, the Relative Valuation of Novo Resources Corp (NVO.TO) is (0.70) CAD. This relative valuation is based on P/E multiples. With the latest stock price at 0.08 CAD, the upside of Novo Resources Corp based on Relative Valuation is -976.8%.
The range of the Relative Valuation is (0.66) - (0.74) CAD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 12.5x - 14.9x | 13.0x |
| Forward P/E multiples | 13.4x - 16.2x | 15.3x |
| Fair Price | (0.66) - (0.74) | (0.70) |
| Upside | -930.3% - -1024.5% | -976.8% |
| Date | P/E |
| 2026-09-15 | -1.61 |
| 2026-09-14 | -1.61 |
| 2026-09-11 | -1.51 |
| 2026-09-10 | -1.61 |
| 2026-09-09 | -1.51 |
| 2026-09-08 | -1.51 |
| 2026-09-04 | -1.51 |
| 2026-09-03 | -1.51 |
| 2026-09-02 | -1.51 |
| 2026-09-01 | -1.41 |
| 2026-08-31 | -1.51 |
| 2026-08-28 | -1.51 |
| 2026-08-27 | -1.51 |
| 2026-08-26 | -1.51 |
| 2026-08-25 | -1.41 |
| 2026-08-24 | -1.41 |
| 2026-08-21 | -1.41 |
| 2026-08-20 | -1.41 |
| 2026-08-19 | -1.41 |
| 2026-08-18 | -1.51 |
| 2026-08-17 | -1.41 |
| 2026-08-14 | -1.31 |
| 2026-08-13 | -1.31 |
| 2026-08-12 | -1.21 |
| 2026-08-11 | -1.21 |
| 2026-08-10 | -1.31 |
| 2026-08-07 | -1.21 |
| 2026-08-06 | -1.21 |
| 2026-08-05 | -1.11 |
| 2026-08-04 | -1.21 |
| 2026-07-31 | -1.21 |
| 2026-07-30 | -1.21 |
| 2026-07-29 | -1.11 |
| 2026-07-28 | -1.11 |
| 2026-07-27 | -1.11 |
| 2026-07-24 | -1.21 |
| 2026-07-23 | -1.11 |
| 2026-07-22 | -1.11 |
| 2026-07-21 | -1.21 |
| 2026-07-20 | -1.21 |
| 2026-07-17 | -1.21 |
| 2026-07-16 | -1.21 |
| 2026-07-15 | -1.21 |
| 2026-07-14 | -1.21 |
| 2026-07-13 | -1.21 |
| 2026-07-10 | -1.21 |
| 2026-07-09 | -1.21 |
| 2026-07-08 | -1.21 |
| 2026-07-07 | -1.31 |
| 2026-07-06 | -1.27 |