Novo Resources is set to report after market close on October 27. There’s no EPS consensus for the quarter, so investors will need to assess the reported results and operational updates on their own.
Novo Resources Corp. (TSX: NVO) is scheduled to report results for the quarter ended September 30, 2026. The calendar lists no EPS estimate or actual, leaving no useful consensus for comparison. Investors can instead review the company’s financial disclosures and exploration progress. See the NVO stock page for company and market information.
Recent earnings trend
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Novo Resources Corp
NVO.TO
NVO.TO
Novo Resources Corp
WealthAwesomeMarket cap
$25.96M
52W high
$0.28
52W low
$0.05
1W change
+0.00%
Beta
0.81
Analyst Price Targets
Based on analyst covering NVO · as of Sep 17, 2026
Wall Street analysts forecast NVO stock price to rise 5316.7% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$3.25
+5316.7% Upside
Current Price
C$0.06
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on NVO's historical volatility
30-Day Vol
60.9%
Annualized
90-Day Vol
73.2%
Annualized
Trend (90d)
+0.0%
Annualized drift
90d Mean
C$0.06
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$0.06 | C$0.05 – C$0.07 |
| 60 trading days | C$0.06 | C$0.04 – C$0.08 |
| 90 trading days | C$0.06 | C$0.04 – C$0.09 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Analyst coverage: Limited — historical beat/miss data exists for 4 quarter(s), but no upcoming consensus.
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-13 | -0.0075 | — | — |
| 2026-03-31 | 2026-05-07 | -0.0018 | — | — |
| 2025-12-31 | 2026-03-23 | -0.0339 | — | — |
| 2025-09-30 | 2025-11-05 | -0.0127 | — | — |
| 2025-06-30 | 2025-08-07 | -0.0119 | — | — |
| 2025-03-31 | 2025-05-06 | -0.0046 | — | — |
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Investor takeaway: There’s no current EPS consensus, so a beat-or-miss comparison isn’t possible. Novo missed estimates in each of its last four comparable quarters with available figures, but those results don’t predict this quarter’s performance. Investors can look for the September-quarter financials and updates on exploration priorities or near-term catalysts.
Four-for-four historical EPS misses
Novo’s last four comparable quarters with available EPS estimates and actual results all fell short of estimates. Those quarters were in 2022, so they offer historical context, not a forecast for September 2026. There’s no EPS consensus available for the upcoming report.
Bull case
The report could give investors a clearer picture of Novo’s finances and exploration activity. Recent company materials have discussed its exploration portfolio and priorities. Earlier updates covered drilling at Pilbara targets, the Tibooburra project and a technical report for the Leven Star Reef. New details could help investors understand the company’s next steps.
Bear case
Without a current EPS consensus, investors can’t make a standard earnings comparison. Novo also missed estimates in each of its last four comparable quarters. The company reported trailing-twelve-month EPS of negative C$0.06, and its last closing price of C$0.06 was below its 50-day and 200-day moving averages. Exploration updates may not answer questions about financial performance or project timelines.
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