As of 2025-07-01, the Relative Valuation of Novo Resources Corp (NVO.TO) is (1.28) 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 -1314.5%.
The range of the Relative Valuation is (0.97) - (1.34) CAD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 17.1x - 29.3x | 24.7x |
| Forward P/E multiples | 17.3x - 24.0x | 21.0x |
| Fair Price | (0.97) - (1.34) | (1.28) |
| Upside | -1020.6% - -1377.7% | -1314.5% |
| Date | P/E |
| 2025-06-27 | -1.88 |
| 2025-06-26 | -1.88 |
| 2025-06-25 | -1.97 |
| 2025-06-24 | -1.88 |
| 2025-06-23 | -1.97 |
| 2025-06-20 | -1.88 |
| 2025-06-19 | -1.79 |
| 2025-06-18 | -1.88 |
| 2025-06-17 | -1.88 |
| 2025-06-16 | -1.79 |
| 2025-06-13 | -1.88 |
| 2025-06-12 | -1.88 |
| 2025-06-10 | -1.88 |
| 2025-06-09 | -1.79 |
| 2025-06-06 | -1.79 |
| 2025-06-05 | -1.70 |
| 2025-06-04 | -1.70 |
| 2025-06-03 | -1.70 |
| 2025-06-02 | -1.70 |
| 2025-05-30 | -1.79 |
| 2025-05-29 | -1.79 |
| 2025-05-28 | -1.79 |
| 2025-05-27 | -1.79 |
| 2025-05-26 | -1.79 |
| 2025-05-23 | -1.79 |
| 2025-05-22 | -1.70 |
| 2025-05-21 | -1.88 |
| 2025-05-20 | -1.88 |
| 2025-05-16 | -1.88 |
| 2025-05-15 | -1.70 |
| 2025-05-14 | -1.70 |
| 2025-05-13 | -1.70 |
| 2025-05-12 | -1.70 |
| 2025-05-09 | -1.88 |
| 2025-05-08 | -1.70 |
| 2025-05-07 | -1.88 |
| 2025-05-06 | -1.79 |
| 2025-05-05 | -1.79 |
| 2025-05-02 | -1.79 |
| 2025-05-01 | -1.70 |
| 2025-04-30 | -1.88 |
| 2025-04-29 | -1.97 |
| 2025-04-28 | -2.06 |
| 2025-04-25 | -2.15 |
| 2025-04-24 | -2.06 |
| 2025-04-23 | -2.15 |
| 2025-04-22 | -2.06 |
| 2025-04-21 | -1.97 |
| 2025-04-17 | -1.88 |
| 2025-04-16 | -2.06 |