45LOW

NVO

NOVO RES CDI 1:1 [NVO]
Novo Resources Corp., together with its subsidiaries, evaluates, acquires, explores, and develops mineral properties in Australia. The company explores for gold and copper deposits. Its flagship project is the Becher Project which covers an area of approximately 20 square kilometers located in the northern sector of Egina Gold Camp, Western Australia. The company was formerly known as Galliard Resources Corp. and changed its name to Novo Resources Corp. in June 2011. Novo Resources Corp. was incorporated in 2009 and is headquartered in West Perth, Australia.
Basic Materials · ASX Small Cap
$0.0760 +0.0%

Updated 26 Mar 2026 · Scores refresh every scan

Score Breakdown

Technical49
Catalyst50
Sentiment50
Fundamental51
Momentum51
Risk Gate50
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Active Signals

Bullish Signals

  • RSI is looking oversold — historically a spot where stocks tend to bounce
  • Stochastic is deep in oversold territory — bounce conditions forming
  • Drifting lower — down 6.2% over the last 5 days
  • Lagging the Small Ords index — relative strength of 0.71, underperforming its peers
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Low cash runway (3 quarters) - dilution risk
  • Pre-revenue with limited cash
  • Near 52-week low (0% of range)
  • Small-cap ($20-100M)
  • Sentiment is mixed — no strong consensus either way
  • Pre-revenue company — Altman Z-Score not applicable
  • RBA hiking (-3pts)

Risk Signals

  • Trading below both moving averages — the trend is working against this one
  • Below the 200-day average — the long-term trend is still working against it
  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • Overseas neutral (-1pts, S&P500 neutral, VIX 25)
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Recent Catalysts

NONE Appendix 4G - Update
NONE Appendix 4G - December 2025
NONE Novo Dec 2025 Annual Financial Statements

Recent ASX Announcements

2026-03-25 Appendix 4G - Update
2026-03-22 Appendix 4G - December 2025
2026-03-22 Novo Dec 2025 Annual Financial Statements PRICE SENSITIVE
2026-03-22 Dec 2025 Management's Discussion and Analysis PRICE SENSITIVE
2026-03-22 Novo Dec 2025 Annual Information form

Key Metrics

$29.4M
Market Cap
1.3M
Avg Volume
0.9x
Vol Ratio
$0.08 — $0.24
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-38.7%
ROE
N/A
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 52%
LLeader vs LaggardlaggardRS: -8
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Basic Materials

Ranked #336 of 558 · Sector avg: 46

View all Basic Materials signals →
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