Novo Resources Corp. (NVO.V) (CVE:NVO – Get Rating) had its price objective reduced by Pi Financial from C$1.00 to C$0.75 in a research note published on Monday morning, BayStreet.CA reports.
Novo Resources Corp. (NVO.V) Stock Down 0.4 %
NVO stock opened at C$2.38 on Monday. Novo Resources Corp. has a one year low of C$1.41 and a one year high of C$4.16. The stock has a market capitalization of C$548.24 million and a PE ratio of -21.25. The company has a debt-to-equity ratio of 11.62, a quick ratio of 2.57 and a current ratio of 2.78. The company has a fifty day moving average of C$2.38 and a 200-day moving average of C$2.38.
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Novo Resources Corp., together with its subsidiaries, engages in evaluating, acquiring, and exploring natural resource properties in Canada, Australia, and the United States. It primarily explores for gold deposits. The company primarily focuses on the Egina and Beatons Creek projects in the Pilbara region of Western Australia.Featured Articles
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