Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
Nova Minerals Limited ADR (NASDAQ: NVA) closed the day trading at $8.1 down -12.05% from the previous closing price of $9.21. In other words, the price has decreased by -$12.05 from its previous closing price. On the day, 1.91 million shares were traded. NVA stock price reached its highest trading level at $8.91 during the session, while it also had its lowest trading level at $8.0.
Ratios:
For a better understanding of NVA, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.49 and its Current Ratio is at 3.49. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 30 ’24 when Nova Minerals Limited bought 6,600,000 shares for $1.60 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NVA now has a Market Capitalization of 277298912 and an Enterprise Value of 3696437760. Its current Enterprise Value per Revenue stands at -2231.763 whereas that against EBITDA is -946.862.
Stock Price History:
The Beta on a monthly basis for NVA is -0.79, which has changed by 3.2638888 over the last 52 weeks, in comparison to a change of 0.13844287 over the same period for the S&P500. Over the past 52 weeks, NVA has reached a high of $16.28, while it has fallen to a 52-week low of $1.68. The 50-Day Moving Average of the stock is 4.26%, while the 200-Day Moving Average is calculated to be 117.22%.
Shares Statistics:
Over the past 3-months, NVA traded about 2.47M shares per day on average, while over the past 10 days, NVA traded about 1019210 shares per day. Shares short for NVA as of 1763078400 were 799335 with a Short Ratio of 0.32, compared to 1760486400 on 2631925. Therefore, it implies a Short% of Shares Outstanding of 799335 and a Short% of Float of 2.3599999.
