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Category: Junior: Near-term Producer
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Novo Resources Corp
www: www.novoresources.com     email: info@novoresources.com

Profile
Notes
Forum
Your Data

Symbol Data

Symbol Currency
CVE:NVO CAD
OTCMKTS:NSRPF USD

Description

Novo Resources Corp are a gold focused junior near-term producer with exploration properties in Australia and Canada. They have approximately 0.8Moz. of gold in the reserves and resources category of which 0.3Moz. are in the measured and indicated category. They have a market capitalisation of ~C$584.92M which is a rise of roughly 30% over the last eleven months. As of 08/12/2017 they have no debt and ~C$55.32M cash. They have 142M shares outstanding and trade on the Canadian Venture Exchange and the over-the-counter markets.

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General Details

Financial 08/12/2017
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Mkt. Cap (FD): $450.11M $584.92M 09/06/2017 $134.80M
Total Assets: $31.81M $31.41M 08/12/2017 $-0.40M
Total Liabilities: $1.22M $1.21M 08/12/2017 $-0.02M
Current Assets: $12.30M $55.32M 09/06/2017 $43.02M
Current Liabilities: $1.22M $1.21M 08/12/2017 $-0.02M
Total Debt: $0.00M $0.00M 08/12/2017 $0.00M
Cash: $11.84M $55.32M 09/06/2017 $43.48M
Enterprise Value: $438.27M $529.59M 10/13/1986 $91.32M
Cash Flow: $0.00M $0.00M never $0.00M
Cash Flow Multiple: 0.00 0.00 never 0.00
Net Debt to
Cash Flow Ratio:
n/a n/a never 0.00
Finance within 1 year: Yes Yes 08/12/2017 n/a
Tax Rate: (guess)  30.00% (default)  30.00% 08/12/2017 0.00%
Misc 08/12/2017
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Shares Outstanding: 116,000,000 142,000,000 09/06/2017 26,000,000
Shares (FD): 158,000,000 196,000,000 09/06/2017 38,000,000
Insider Ownership: n/a 46% 09/06/2017 46%
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a 08/01/2018 08/12/2017 n/a
Production (Gold Eq Oz.): (guess) 
0
(guess) 
0
08/12/2017 0
Production (Silver Eq Oz.): (guess) 
0
(guess) 
0
08/12/2017 0
Initial CapEx (Outstanding): n/a n/a 08/12/2017 n/a
Funding Option: n/a n/a 08/12/2017 n/a
Documentation: none none 09/06/2017 n/a
Value Adjustment: none none never 0%

Resource Data

GOLD 08/12/2017
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: n/a n/a 08/12/2017 0.00M
Measured & Indicated: 0.30M 0.30M 08/12/2017 0.00M
Inferred: 0.50M 0.50M 08/12/2017 0.00M
Reserves & Resources: 0.80M 0.80M never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: n/a n/a 08/12/2017 0.00M
Measured & Indicated: 0.20M 0.20M 08/12/2017 0.00M
Inferred: 0.21M 0.21M 08/12/2017 0.00M
Reserves & Resources: 0.42M 0.42M never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 08/12/2017 $0.00
Extra Operating Cost: n/a n/a 08/12/2017 $0.00
Average Grade: 1.50 g/t 1.50 g/t 08/12/2017 n/a
Recovery Rate: (CG)  85.00% (CG)  85.00% 09/06/2017 0.00%
F
U
T
U
R
E
Proven & Probable: 2.00M 4.00M 09/06/2017 2.00M
Annual Production: 100,000oz. 200,000oz. 09/06/2017 100,000oz.
Cash Cost: $850 $850 08/12/2017 $0
Extra Operating Cost: $400 $400 08/12/2017 $0
SILVER 08/12/2017
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: n/a n/a 08/12/2017 0.00M
Measured & Indicated: n/a n/a 08/12/2017 0.00M
Inferred: n/a n/a 08/12/2017 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: n/a n/a 08/12/2017 0.00M
Measured & Indicated: n/a n/a 08/12/2017 0.00M
Inferred: n/a n/a 08/12/2017 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 08/12/2017 $0.00
Extra Operating Cost: n/a n/a 08/12/2017 $0.00
Average Grade: n/a n/a 08/12/2017 n/a
Recovery Rate: n/a n/a 08/12/2017 0.00%
F
U
T
U
R
E
Proven & Probable: n/a n/a 08/12/2017 0.00M
Annual Production: n/a n/a 08/12/2017 n/a
Cash Cost: n/a n/a 08/12/2017 n/a
Extra Operating Cost: n/a n/a 08/12/2017 n/a

Property

Last Analysis Data  (08/12/2017)
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Exploration Western Australia, Australia Beatons Creek 100% (guess) 900 Both show
first 43-101 in 2012 at 500,000 oz at 1.5 gpt. Only 16,000 meters of drilling.

This is a small part of the Beatons Creek property.
Exploration Australia Beatons Creek (larger area) 70% (guess) 55,000 Open Pit show
Early exploration.

70% JV
Exploration Western Australia, Australia Karratha 100% (guess) 750,000 Both show
They own 100% of most of this property.

Purdy's Reward (15,000 Hectares): 50%
Comet Well (48,000 Hectares): 80%
Exploration Western Australia, Australia Marble Bar 70% (guess) 120,000 Both show
early exploration
Exploration Western Australia, Australia Talga Talga 100% (guess) 500 n/a show
Early exploration
Exploration British Columbia, Canada Tuscarora 100% (guess) 200 Both show
Early exploration
Total Land Package Size (ha): 926,600  
Current Data
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Exploration Western Australia, Australia Beatons Creek 100% (guess) 900 Both show
first 43-101 in 2012 at 500,000 oz at 1.5 gpt. Only 16,000 meters of drilling.

This is a small part of the Beatons Creek property.
Exploration Australia Beatons Creek (larger area) 70% (guess) 55,000 Open Pit show
Early exploration.

70% JV
Exploration Western Australia, Australia Karratha 100% (guess) 750,000 Both show
They own 100% of most of this property.

Purdy's Reward (15,000 Hectares): 50%
Comet Well (48,000 Hectares): 80%
Exploration Western Australia, Australia Marble Bar 70% (guess) 120,000 Both show
early exploration
Exploration Western Australia, Australia Talga Talga 100% (guess) 500 n/a show
Early exploration
Exploration British Columbia, Canada Tuscarora 100% (guess) 200 Both show
Early exploration
Total Land Package Size (ha): 926,600  

Profitability (by resource)

Proven &
Probable
08/12/2017
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: n/a n/a n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): n/a n/a n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 0.00M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: n/a n/a n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 0.00M
Maximum Profit (Gold): n/a n/a n/a $0.00M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: n/a n/a n/a $0.00M
Max Profit / Current MCap: n/a n/a n/a 0.000
Max Profit Per Share (Gold): n/a n/a n/a $0.00
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: n/a n/a n/a $0.00
Total Free Profit Per Share: n/a n/a n/a $0.00
FD Mkt. Cap / Gold Eq.: n/a n/a n/a $0.00
FD Mkt. Cap / Silver Eq.: n/a n/a n/a $0.00
FD Mkt. Cap / Per Metal
as % Spot Price:
n/a n/a n/a 0.00%
Measured &
Indicated
08/12/2017
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 0.30M 0.30M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 1.36M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 0.20M 0.20M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 0.93M
Maximum Profit (Gold): $5.54M $-4.06M n/a $-9.60M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $5.54M $-4.06M n/a $-9.60M
Max Profit / Current MCap: 0.012 n/a n/a -0.019
Max Profit Per Share (Gold): $0.04 $-0.02 n/a $-0.06
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.04 $-0.02 n/a $-0.06
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $2,206.42 $2,867.23 n/a $660.81
FD Mkt. Cap / Silver Eq.: $29.26 $35.86 n/a $6.61
FD Mkt. Cap / Per Metal
as % Spot Price:
171.20% 234.71% n/a 63.51%

Reserves &
Resources
08/12/2017
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 0.80M 0.80M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 3.63M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 0.42M 0.42M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 1.89M
Maximum Profit (Gold): $11.31M $-8.28M n/a $-19.59M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $11.31M $-8.28M n/a $-19.59M
Max Profit / Current MCap: 0.025 n/a n/a -0.039
Max Profit Per Share (Gold): $0.07 $-0.04 n/a $-0.11
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.07 $-0.04 n/a $-0.11
Total Free Profit Per Share: $0.00 $0.00 n/a $0.00
FD Mkt. Cap / Gold Eq.: $1,080.70 $1,404.36 n/a $323.66
FD Mkt. Cap / Silver Eq.: $14.33 $17.57 n/a $3.24
FD Mkt. Cap / Per Metal
as % Spot Price:
83.85% 114.96% n/a 31.11%

Future Valuation (Cash Flow & Totals)

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