Novo Resources Corp. (NVO.V) (CVE:NVO) Trading Down 0.4%

Novo Resources Corp. (NVO.V) (CVE:NVOGet Free Report) shares were down 0.4% during mid-day trading on Thursday . The company traded as low as C$2.37 and last traded at C$2.38. Approximately 311,570 shares traded hands during trading, an increase of 14% from the average daily volume of 273,252 shares. The stock had previously closed at C$2.39.

Novo Resources Corp. (NVO.V) Stock Performance

The firm has a 50 day moving average price of C$2.38 and a 200 day moving average price of C$2.38. The company has a quick ratio of 2.57, a current ratio of 2.78 and a debt-to-equity ratio of 11.62. The stock has a market cap of C$548.24 million and a PE ratio of -21.25.

Novo Resources Corp. (NVO.V) Company Profile

(Get Free Report)

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.

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