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Novo Resources Stock

Novo Resources Market capitalization 2024

Novo Resources Market capitalization

22.31 M CAD

Ticker

NVO.TO

ISIN

CA67010B1022

WKN

A1JG38

In 2024, Novo Resources's market cap stood at 22.31 M CAD, a -25.24% increase from the 29.84 M CAD market cap in the previous year.

The Novo Resources Market capitalization history

YEARMarket Capitalization (undefined CAD)
202322.31
2022168.93
2021523.83
2020609.17
2019451.36
2018605.97
2017361.77
201685.07
201542.54
2014-
2013-
2012-
2011-
2010-
2009-

Novo Resources Aktienanalyse

What does Novo Resources do?

Novo Resources ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Novo Resources's Market Capitalization

Novo Resources's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Novo Resources's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Novo Resources's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Novo Resources’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Novo Resources stock

What is the current Novo Resources market capitalization?

The current market capitalization of Novo Resources is 22.31 M CAD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Novo Resources.

How has the market capitalization of Novo Resources developed in recent years?

The market capitalization of Novo Resources has increased/decreased by -25.24% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Novo Resources?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Novo Resources?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Novo Resources have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Novo Resources pay?

Over the past 12 months, Novo Resources paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Novo Resources is expected to pay a dividend of 0 CAD.

What is the dividend yield of Novo Resources?

The current dividend yield of Novo Resources is .

When does Novo Resources pay dividends?

Novo Resources pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Novo Resources?

Novo Resources paid dividends every year for the past 0 years.

What is the dividend of Novo Resources?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Novo Resources located?

Novo Resources is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Novo Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Novo Resources from 11/29/2024 amounting to 0 CAD, you needed to have the stock in your portfolio before the ex-date on 11/29/2024.

When did Novo Resources pay the last dividend?

The last dividend was paid out on 11/29/2024.

What was the dividend of Novo Resources in the year 2023?

In the year 2023, Novo Resources distributed 0 CAD as dividends.

In which currency does Novo Resources pay out the dividend?

The dividends of Novo Resources are distributed in CAD.

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Andere Kennzahlen von Novo Resources

Our stock analysis for Novo Resources Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Novo Resources Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.