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Novo Resources (ASX:NVO) Ending Cash Position : A$16.48 Mil (As of Mar. 2024)


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What is Novo Resources Ending Cash Position?

Novo Resources's Ending Cash Position for the quarter that ended in Mar. 2024 was A$16.48 Mil.

Novo Resources's quarterly Ending Cash Position declined from Sep. 2023 (A$18.86 Mil) to Dec. 2023 (A$12.93 Mil) but then increased from Dec. 2023 (A$12.93 Mil) to Mar. 2024 (A$16.48 Mil).

Novo Resources's annual Ending Cash Position increased from Dec. 2021 (A$35.33 Mil) to Dec. 2022 (A$52.28 Mil) but then declined from Dec. 2022 (A$52.28 Mil) to Dec. 2023 (A$12.93 Mil).

Novo Resources Ending Cash Position Historical Data

The historical data trend for Novo Resources's Ending 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 Ending Cash Position Chart

Novo Resources Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Dec21 Dec22 Dec23
Ending Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.02 32.02 35.33 52.28 12.93

Novo Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Ending Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.45 30.10 18.86 12.93 16.48

Novo Resources Ending Cash Position Calculation

Ending Cash Position is the cash and cash equivalents balance at the end of the accounting period, as indicated on the Cash Flow statement. It is equal to the Beginning Cash Position plus the Net Change in Cash.

Novo Resources's Ending Cash Position for the fiscal year that ended in Dec. 2023 is calculated as

Ending Cash Position= Beginning Cash Position+Net Change in Cash
=53.369+-40.437
=12.93

Novo Resources's Ending Cash Position for the quarter that ended in Mar. 2024 is calculated as

Ending Cash Position=Beginning Cash Position+Net Change in Cash
=13.084+3.391
=16.48

Novo Resources Ending 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 » Ending Cash Position
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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.