Nova Minerals Corp (NVA)Basic Materials | Other Industrial Metals & Mining | Greenwood Village, United States | NYSE American
5.51 USD
-0.22
(-3.839%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 5.45 -0.06 (-0.060%) ⇩ (Aug. 28, 2026, 7:30 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 1:34 a.m. EDT
Nova Minerals presents a classic 'story without substance' scenario. The company has successfully navigated a complex legal and regulatory hurdle to redomicile from Australia to the U.S. and secured a listing on the NYSE American, which explains the recent price appreciation. However, the underlying business remains fundamentally broken: it reports negative revenue, negative earnings, and massive operating losses, resulting in a negative price-to-sales ratio and a book value far below the current share price. The market is currently pricing in a successful pivot to antimony production, but the timeline to first output is 2027, leaving investors exposed to execution risk for nearly another year. The recent price action shows a failed attempt to break out, with the stock struggling to hold above its 50-day average and retreating from August highs. This weakness is confirmed by the options market, where traders are aggressively buying put protection at levels significantly above the current price, betting on a failure of the redomicile narrative to translate into immediate operational success. With no dividend to provide income and a balance sheet showing negative free cash flow, the investment case relies entirely on a binary event occurring in 2027. Until then, the risk-reward profile is skewed heavily against the buyer. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.326048 |
| AutoARIMA | 0.327953 |
| AutoETS | 0.327953 |
| AutoTheta | 0.412291 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 29% |
| H-stat | 1.47 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.012 |
| Excess Kurtosis | 0.42 |
| Attribute | Value |
|---|---|
| Sector | Basic Materials |
| Debt to Equity Ratio | 3.927 |
| Revenue per Share | -0.005 |
| Market Cap | 210,377,584 |
| Beta | 0.79 |
| Previous Name | Nova Minerals Limited |
| Website | https://novamineralscorp.com |
As of Aug. 22, 2026, 1:34 a.m. EDT: Speculators are positioning for a significant downside gap rather than a rally. While there is some call interest at $10 and $12.50 for late 2026, the overwhelming volume and open interest in puts—particularly the massive concentration at the $7.50 and $10.00 strikes for November 2026—indicates a strong bearish bias. The implied volatility is skewed heavily toward downside protection, suggesting traders expect the stock to struggle to maintain current levels.
| Attribute | Value |
|---|---|
| 52 Week Change | 1.4279661 |
| Address1 | 6,312 South Fiddlers Green Circle |
| Address2 | Suite 300E |
| All Time High | 16.28 |
| All Time Low | 0.87 |
| Ask | 5.53 |
| Ask Size | 300 |
| Average Daily Volume10 Day | 254,520 |
| Average Daily Volume3 Month | 278,009 |
| Average Volume | 278,009 |
| Average Volume10Days | 254,520 |
| Beta | 0.789 |
| Bid | 5.52 |
| Bid Size | 700 |
| Book Value | 0.23233716 |
| City | Greenwood Village |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 5.51 |
| Current Ratio | 3.628 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 5.8399 |
| Day Low | 5.45 |
| Debt To Equity | 3.927 |
| Display Name | Nova Minerals |
| Earnings Timestamp End | 1,741,777,140 |
| Earnings Timestamp Start | 1,741,777,140 |
| Ebitda | -15,076,300 |
| Ebitda Margins | 0.0 |
| Enterprise To Ebitda | -163.314 |
| Enterprise To Revenue | -1,486.849 |
| Enterprise Value | 2,462,167,552 |
| Eps Trailing Twelve Months | -0.49 |
| Esg Populated | 0 |
| Exchange | ASE |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 5.0426 |
| Fifty Day Average Change | 0.46740007 |
| Fifty Day Average Change Percent | 0.09269029 |
| Fifty Two Week Change Percent | 142.79662 |
| Fifty Two Week High | 16.28 |
| Fifty Two Week High Change | -10.77 |
| Fifty Two Week High Change Percent | -0.6615479 |
| Fifty Two Week Low | 2.226 |
| Fifty Two Week Low Change | 3.2840002 |
| Fifty Two Week Low Change Percent | 1.4752921 |
| Fifty Two Week Range | 2.226 - 16.28 |
| Financial Currency | AUD |
| First Trade Date Milliseconds | 1,721,827,800,000 |
| Float Shares | 244,528,395 |
| Free Cashflow | -4,955,292 |
| Full Exchange Name | NYSE American |
| Fullday Change | -0.22 |
| Fullday Change Percent | -3.83944 |
| Fullday Price | 5.45 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.0 |
| Gross Profits | -1,655,963 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.000010000001 |
| Held Percent Institutions | 0.094610006 |
| Implied Shares Outstanding | 38,181,050 |
| 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 | 1,751,241,600 |
| Last Split Date | 1,761,696,000 |
| Last Split Factor | 5:1 |
| Long Business Summary | Nova Minerals Corp, is a mining exploration and development company, focused on gold, antimony, and critical minerals. Its flagship project is the Estelle Gold and Critical Minerals project covering 514 square kilometers located in Alaska. Nova Minerals Corp is based in Greenwood Village, Colorado. |
| Long Name | Nova Minerals Corp |
| Market | us_market |
| Market Cap | 210,377,584 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_881213 |
| Most Recent Quarter | 1,767,139,200 |
| Name Change Date | 2,026-08-28 |
| Net Income To Common | -20,304,360 |
| Next Fiscal Year End | 1,782,777,600 |
| Non Diluted Market Cap | 218,777,416 |
| Open | 5.78 |
| Operating Cashflow | -7,597,727 |
| Operating Margins | -43,039.7 |
| Payout Ratio | 0.0 |
| Phone | 720-550-4223 |
| Post Market Change | -0.06000042 |
| Post Market Change Percent | -1.0889368 |
| Post Market Price | 5.45 |
| Post Market Time | 1,787,959,806 |
| Prev Name | Nova Minerals Limited |
| Previous Close | 5.73 |
| Price Hint | 2 |
| Price To Book | 23.715536 |
| Price To Sales Trailing12 Months | -127.04244 |
| Profit Margins | 0.0 |
| Quick Ratio | 3.287 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.22 |
| Regular Market Change Percent | -3.83944 |
| Regular Market Day High | 5.8399 |
| Regular Market Day Low | 5.45 |
| Regular Market Day Range | 5.45 - 5.8399 |
| Regular Market Open | 5.78 |
| Regular Market Previous Close | 5.73 |
| Regular Market Price | 5.51 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 343,592 |
| Return On Assets | -0.050619997 |
| Return On Equity | -0.15560001 |
| Revenue Per Share | -0.005 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Basic Materials |
| Sector Disp | Basic Materials |
| Sector Key | basic-materials |
| Shares Outstanding | 38,181,050 |
| Shares Percent Shares Out | 0.033299997 |
| Shares Short | 1,269,698 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 2,060,034 |
| Short Name | Nova Minerals Corp |
| Short Percent Of Float | 0.0346 |
| Short Ratio | 5.03 |
| Source Interval | 15 |
| State | CO |
| Symbol | NVA |
| Total Cash | 59,176,088 |
| Total Cash Per Share | 0.13 |
| Total Debt | 6,092,146 |
| Total Revenue | -1,655,963 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.49 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 6.7378 |
| Two Hundred Day Average Change | -1.2277999 |
| Two Hundred Day Average Change Percent | -0.18222563 |
| Type Disp | Equity |
| Volume | 343,592 |
| Website | https://novamineralscorp.com |
| Zip | 80,111 |