Nova Minerals Corp (NVA)Basic Materials | Other Industrial Metals & Mining | Greenwood Village, United States | NYSE American
3.59 USD
-0.33
(-8.418%) ⇩
(Oct. 15, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 2:59 a.m. EDT
Nova Minerals presents a classic value trap scenario where the stock has rallied nearly 300% year-to-date, yet the underlying business remains fundamentally broken. The company is reporting significant losses, burning cash, and generating negative free cash flow, with no dividends to provide income. While the recent price surge and the completion of the US redomicile offer some narrative hope, the lack of profitability and the heavy debt load relative to equity suggest the rally may be premature. The options market confirms this skepticism, with traders aggressively buying deep out-of-the-money puts to hedge against a potential reversal, indicating they expect the recent gains to be unsustainable. Until the company demonstrates a path to profitability and positive cash flow, the investment case remains weak. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.082712 |
| MSTL | 0.083550 |
| AutoARIMA | 0.084115 |
| AutoTheta | 0.110626 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 23% |
| H-stat | 7.15 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 2.95 |
| Attribute | Value |
|---|---|
| Sector | Basic Materials |
| Debt to Equity Ratio | 13.393 |
| Market Cap | 137,117,776 |
| Previous Name | Nova Minerals Limited |
| Website | https://novamineralscorp.com |
As of Oct. 10, 2026, 2:59 a.m. EDT: Speculators are heavily positioned for downside protection, with massive open interest in out-of-the-money puts (strikes $7.50 and $10.00) expiring in November 2026, while call activity is negligible and concentrated near the money. This asymmetry suggests a dominant bearish sentiment and a fear of further decline rather than a bullish breakout.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.6904639 |
| Address1 | 6,312 South Fiddlers Green Circle |
| Address2 | Suite 300E |
| All Time High | 16.28 |
| All Time Low | 0.87 |
| Ask | 3.8 |
| Ask Size | 1,600 |
| Average Analyst Rating | 1.0 - Strong Buy |
| Average Daily Volume10 Day | 527,240 |
| Average Daily Volume3 Month | 409,346 |
| Average Volume | 409,346 |
| Average Volume10Days | 527,240 |
| Bid | 3.55 |
| Bid Size | 200 |
| Book Value | 0.599 |
| City | Greenwood Village |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 3.59 |
| Current Ratio | 3.133 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 3.888 |
| Day Low | 3.52 |
| Debt To Equity | 13.393 |
| Display Name | Nova Minerals |
| Dividend Yield | 0.0 |
| Earnings Timestamp End | 1,741,777,140 |
| Earnings Timestamp Start | 1,741,777,140 |
| Ebitda | -23,511,230 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -4.764 |
| Enterprise Value | 112,003,960 |
| Eps Trailing Twelve Months | -0.72 |
| Esg Populated | 0 |
| Exchange | ASE |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 5.4834 |
| Fifty Day Average Change | -1.8934 |
| Fifty Day Average Change Percent | -0.3452967 |
| Fifty Two Week Change Percent | -69.04639 |
| Fifty Two Week High | 12.86 |
| Fifty Two Week High Change | -9.2699995 |
| Fifty Two Week High Change Percent | -0.7208398 |
| Fifty Two Week Low | 3.52 |
| Fifty Two Week Low Change | 0.06999993 |
| Fifty Two Week Low Change Percent | 0.019886345 |
| Fifty Two Week Range | 3.52 - 12.86 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,721,827,800,000 |
| Float Shares | 20,520,688 |
| Free Cashflow | -6,935,922 |
| Full Exchange Name | NYSE American |
| Full Time Employees | 2 |
| Fullday Change | 0.08000016 |
| Fullday Change Percent | 2.228417 |
| Fullday Price | 3.67 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.0 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0087 |
| Held Percent Institutions | 0.09438 |
| Implied Shares Outstanding | 38,194,368 |
| Industry | Other Industrial Metals & Mining |
| Industry Disp | Other Industrial Metals & Mining |
| Industry Key | other-industrial-metals-mining |
| Ipo Expected Date | 2,024-07-24 |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,782,777,600 |
| Last Split Date | 1,761,696,000 |
| Last Split Factor | 5:1 |
| Long Business Summary | Nova Minerals Corp operates as a mineral exploration and development company in the United States. It primarily explores gold, antimony, and critical minerals. The company's flagship project is the Estelle Gold and Critical Minerals project covering 514 square kilometers located in Alaska. Nova Minerals Corp was incorporated in 1987 and is based in Greenwood Village, Colorado. |
| Long Name | Nova Minerals Corp |
| Market | us_market |
| Market Cap | 137,117,776 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_881213 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-10-16 |
| Net Income To Common | -25,597,304 |
| Next Fiscal Year End | 1,814,313,600 |
| Non Diluted Market Cap | 213,813,880 |
| Number Of Analyst Opinions | 1 |
| Open | 3.84 |
| Operating Cashflow | -8,799,785 |
| Operating Margins | 65,843.4 |
| Payout Ratio | 0.0 |
| Phone | 720 550 4223 |
| Pre Market Change | 0.08000016 |
| Pre Market Change Percent | 2.228417 |
| Pre Market Price | 3.67 |
| Pre Market Time | 1,792,152,930 |
| Prev Name | Nova Minerals Limited |
| Previous Close | 3.92 |
| Price Hint | 4 |
| Price To Book | 5.9933224 |
| Profit Margins | 0.0 |
| Quick Ratio | 3.006 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.0 |
| Region | US |
| Regular Market Change | -0.33 |
| Regular Market Change Percent | -8.41837 |
| Regular Market Day High | 3.888 |
| Regular Market Day Low | 3.52 |
| Regular Market Day Range | 3.52 - 3.888 |
| Regular Market Open | 3.84 |
| Regular Market Previous Close | 3.92 |
| Regular Market Price | 3.59 |
| Regular Market Time | 1,792,094,400 |
| Regular Market Volume | 737,214 |
| Return On Assets | -0.53493 |
| Return On Equity | -1.57764 |
| Sand P52 Week Change | 0.16207206 |
| Sector | Basic Materials |
| Sector Disp | Basic Materials |
| Sector Key | basic-materials |
| Shares Outstanding | 38,194,368 |
| Shares Percent Shares Out | 0.0505 |
| Shares Short | 1,930,449 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 1,261,538 |
| Short Name | Nova Minerals Corp |
| Short Percent Of Float | 0.052600004 |
| Short Ratio | 3.38 |
| Source Interval | 15 |
| State | CO |
| Symbol | NVA |
| Target High Price | 10.0 |
| Target Low Price | 10.0 |
| Target Mean Price | 10.0 |
| Target Median Price | 10.0 |
| Total Cash | 28,943,528 |
| Total Cash Per Share | 0.758 |
| Total Debt | 3,155,802 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.72 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 6.231575 |
| Two Hundred Day Average Change | -2.641575 |
| Two Hundred Day Average Change Percent | -0.42390168 |
| Type Disp | Equity |
| Volume | 737,214 |
| Website | https://novamineralscorp.com |
| Zip | 80,111 |