The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
Nova Minerals Limited ADR (NASDAQ: NVA) closed the day trading at $7.11 up 6.04% from the previous closing price of $6.7. In other words, the price has increased by $6.04 from its previous closing price. On the day, 1.29 million shares were traded. NVA stock price reached its highest trading level at $7.4702 during the session, while it also had its lowest trading level at $7.08.
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 278734496 and an Enterprise Value of 2851277312. Its current Enterprise Value per Revenue stands at -1721.488 whereas that against EBITDA is -730.37.
Stock Price History:
The Beta on a monthly basis for NVA is -0.44, which has changed by 1.5789068 over the last 52 weeks, in comparison to a change of 0.13153219 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 -12.00%, while the 200-Day Moving Average is calculated to be 85.38%.
Shares Statistics:
Over the past 3-months, NVA traded about 2.76M shares per day on average, while over the past 10 days, NVA traded about 601410 shares per day. Shares short for NVA as of 1764288000 were 646170 with a Short Ratio of 0.23, compared to 1761868800 on 705107. Therefore, it implies a Short% of Shares Outstanding of 646170 and a Short% of Float of 1.9.
