The WACC of Novo Resources Corp (NVO.TO) is 10.7%.
| Range | Selected | |
| Cost of equity | 9.50% - 12.00% | 10.75% |
| Tax rate | 5.80% - 6.90% | 6.35% |
| Cost of debt | 5.00% - 5.00% | 5.00% |
| WACC | 9.4% - 11.9% | 10.7% |
| Category | Low | High |
| Long-term bond rate | 3.2% | 3.7% |
| Equity market risk premium | 5.1% | 6.1% |
| Adjusted beta | 1.24 | 1.29 |
| Additional risk adjustments | 0.0% | 0.5% |
| Cost of equity | 9.50% | 12.00% |
| Tax rate | 5.80% | 6.90% |
| Debt/Equity ratio | 0.01 | 0.01 |
| Cost of debt | 5.00% | 5.00% |
| After-tax WACC | 9.4% | 11.9% |
| Selected WACC | 10.7% | |