As of 2026-03-24, the Relative Valuation of Novo Resources Corp (NVO.TO) is (0.52) 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 -747.6%.
The range of the Relative Valuation is (0.53) - (0.63) CAD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 16.5x - 19.7x | 17.0x |
| Forward P/E multiples | 11.3x - 20.6x | 15.3x |
| Fair Price | (0.53) - (0.63) | (0.52) |
| Upside | -763.5% - -891.2% | -747.6% |
| Date | P/E |
| 2026-03-20 | -2.49 |
| 2026-03-19 | -2.80 |
| 2026-03-18 | -2.96 |
| 2026-03-17 | -2.80 |
| 2026-03-16 | -2.96 |
| 2026-03-13 | -2.96 |
| 2026-03-12 | -3.11 |
| 2026-03-11 | -3.27 |
| 2026-03-10 | -3.19 |
| 2026-03-09 | -3.27 |
| 2026-03-06 | -3.42 |
| 2026-03-05 | -3.42 |
| 2026-03-04 | -3.42 |
| 2026-03-03 | -3.42 |
| 2026-03-02 | -3.89 |
| 2026-02-27 | -3.89 |
| 2026-02-26 | -3.73 |
| 2026-02-24 | -4.05 |
| 2026-02-23 | -4.05 |
| 2026-02-20 | -3.89 |
| 2026-02-19 | -4.05 |
| 2026-02-18 | -4.20 |
| 2026-02-17 | -4.20 |
| 2026-02-13 | -4.05 |
| 2026-02-12 | -4.20 |
| 2026-02-11 | -4.51 |
| 2026-02-10 | -4.05 |
| 2026-02-09 | -4.20 |
| 2026-02-06 | -4.20 |
| 2026-02-05 | -4.28 |
| 2026-02-04 | -4.20 |
| 2026-02-03 | -4.36 |
| 2026-02-02 | -4.36 |
| 2026-01-30 | -4.67 |
| 2026-01-29 | -5.60 |
| 2026-01-28 | -6.54 |
| 2026-01-27 | -6.54 |
| 2026-01-26 | -7.78 |
| 2026-01-23 | -7.16 |
| 2026-01-22 | -8.56 |
| 2026-01-21 | -5.14 |
| 2026-01-20 | -5.14 |
| 2026-01-19 | -4.67 |
| 2026-01-16 | -4.82 |
| 2026-01-15 | -4.82 |
| 2026-01-14 | -4.36 |
| 2026-01-13 | -4.51 |
| 2026-01-12 | -4.51 |
| 2026-01-09 | -4.20 |
| 2026-01-08 | -4.67 |