Novo Resources (ASX:NVO) Beginning Cash Position : A$13.08 Mil (As of Mar. 2024)

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What is Novo Resources Beginning Cash Position?

Novo Resources's Beginning Cash Position for the quarter that ended in Mar. 2024 was A$13.08 Mil.

Novo Resources's quarterly Beginning Cash Position declined from Sep. 2023 (A$55.11 Mil) to Dec. 2023 (A$-5.22 Mil) but then increased from Dec. 2023 (A$-5.22 Mil) to Mar. 2024 (A$13.08 Mil).

Novo Resources's annual Beginning Cash Position declined from Dec. 2021 (A$44.23 Mil) to Dec. 2022 (A$35.29 Mil) but then increased from Dec. 2022 (A$35.29 Mil) to Dec. 2023 (A$53.37 Mil).

Novo Resources Beginning Cash Position Historical Data

The historical data trend for Novo Resources's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Novo Resources Beginning Cash Position Chart

Novo Resources Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Dec21

Dec22

Dec23

Beginning Cash Position

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58.44

47.78

44.23

35.29

53.37

Novo Resources Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Beginning Cash Position	Get a 7-Day Free Trial															52.47	34.27	55.11	-5.22	13.08

Novo Resources Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

Novo Resources Beginning Cash Position Related Terms

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Novo Resources (ASX:NVO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Novo Resources Corp (ASX:NVO) » Definitions » Beginning Cash Position

Comparable Companies

Traded in Other Exchanges

NSRPF:USA 1NO:Germany NVO:Canada

Address

1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5

Website

https://www.novoresources.com

Novo Resources Corp is a company engaged in the business of evaluating, acquiring, and exploring natural resource properties with a focus on gold. The organization has business interests in properties located in Australia, Canada, and the USA. Its projects include Beatons Creek Property, Millennium Property, Blue Spec; Paleo-Placer; Comet Well, and others. It has two segments Mining operations and exploration operations.