The WACC of Novo Resources Corp (NVO.TO) is 11.8%.
| Range | Selected | |
| Cost of equity | 10.70% - 13.70% | 12.20% |
| Tax rate | 5.80% - 6.90% | 6.35% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 10.4% - 13.2% | 11.8% |
| Category | Low | High |
| Long-term bond rate | 3.2% | 3.7% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 1.48 | 1.56 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 10.70% | 13.70% |
| Tax rate | 5.80% | 6.90% |
| Debt/Equity ratio | 0.06 | 0.06 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 10.4% | 13.2% |
| Selected WACC | 11.8% | |