As of 2025-12-24, the Relative Valuation of Novo Resources Corp (NVO.TO) is (1.20) CAD. This relative valuation is based on P/E multiples. With the latest stock price at 0.11 CAD, the upside of Novo Resources Corp based on Relative Valuation is -1186.4%.
The range of the Relative Valuation is (1.15) - (1.21) CAD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 21.4x - 27.3x | 23.8x |
| Forward P/E multiples | 26.0x - 32.4x | 30.4x |
| Fair Price | (1.15) - (1.21) | (1.20) |
| Upside | -1145.0% - -1196.4% | -1186.4% |
| Date | P/E |
| 2025-12-22 | -2.49 |
| 2025-12-19 | -2.60 |
| 2025-12-18 | -2.49 |
| 2025-12-17 | -2.49 |
| 2025-12-16 | -2.49 |
| 2025-12-15 | -2.49 |
| 2025-12-12 | -2.72 |
| 2025-12-11 | -2.72 |
| 2025-12-10 | -2.72 |
| 2025-12-09 | -2.72 |
| 2025-12-08 | -2.72 |
| 2025-12-05 | -2.60 |
| 2025-12-04 | -2.72 |
| 2025-12-03 | -2.72 |
| 2025-12-02 | -2.72 |
| 2025-12-01 | -2.83 |
| 2025-11-28 | -2.83 |
| 2025-11-27 | -2.60 |
| 2025-11-26 | -2.60 |
| 2025-11-25 | -2.72 |
| 2025-11-24 | -2.94 |
| 2025-11-21 | -2.94 |
| 2025-11-20 | -3.06 |
| 2025-11-19 | -2.94 |
| 2025-11-18 | -2.94 |
| 2025-11-17 | -2.83 |
| 2025-11-14 | -3.06 |
| 2025-11-13 | -3.06 |
| 2025-11-12 | -3.06 |
| 2025-11-11 | -3.06 |
| 2025-11-10 | -3.06 |
| 2025-11-07 | -2.94 |
| 2025-11-06 | -2.94 |
| 2025-11-05 | -2.83 |
| 2025-11-04 | -2.94 |
| 2025-11-03 | -3.40 |
| 2025-10-31 | -3.40 |
| 2025-10-30 | -3.51 |
| 2025-10-29 | -3.51 |
| 2025-10-28 | -3.51 |
| 2025-10-27 | -3.06 |
| 2025-10-24 | -3.06 |
| 2025-10-23 | -3.17 |
| 2025-10-22 | -3.06 |
| 2025-10-21 | -3.40 |
| 2025-10-20 | -3.51 |
| 2025-10-17 | -3.40 |
| 2025-10-16 | -3.40 |
| 2025-10-15 | -3.28 |
| 2025-10-14 | -3.28 |