Novo Resources (Novo Resources) Marketable Securities : $0.11 Mil (As of Dec. 2023)

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What is Novo Resources Marketable Securities?

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price. Novo Resources's Marketable Securities for the quarter that ended in Dec. 2023 was $0.11 Mil.

Novo Resources's annual Marketable Securities increased from Dec. 2021 ($0.08 Mil) to Dec. 2022 ($0.11 Mil) but then declined from Dec. 2022 ($0.11 Mil) to Dec. 2023 ($0.11 Mil).

Novo Resources Marketable Securities Historical Data

The historical data trend for Novo Resources's Marketable Securities 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.

* Premium members only.

Novo Resources Marketable Securities Chart

Novo Resources Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Dec21

Dec22

Dec23

Marketable Securities

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0.07

0.08

0.11

Novo Resources Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Marketable Securities	Get a 7-Day Free Trial															0.11	0.11	0.11	0.11	0.11

Novo Resources Marketable Securities Calculation

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.

Novo Resources (OTCPK:NSRPF) Marketable Securities Explanation

Marketable Securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

Please note, GuruFocus' Marketable Securities also includes "Other Short Term Investment".

Novo Resources Marketable Securities Related Terms

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Novo Resources (Novo Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Novo Resources Corp (OTCPK:NSRPF) » Definitions » Marketable Securities

Comparable Companies

Traded in Other Exchanges

1NO:Germany NVO:Canada NVO:Australia

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.