Analyst Price Target is C$3.25
▲ +36.55% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Novo Resources Corp. (NVO.V) in the last 3 months. The average price target is C$3.25, with a high forecast of C$3.25 and a low forecast of C$3.25. The average price target represents a 36.55% upside from the last price of C$2.38.
Current Consensus is
The current consensus among 1 polled investment analysts is to buy stock in Novo Resources Corp. (NVO.V).
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. It also holds interest in the Mt. Elsie project that consists of three exploration licenses covering an area of approximately 19 square kilometers located in the north-east of Nullagine, 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 Vancouver, Canada.