About Novo Resources
Novo Resources is a publicly listed company based in Perth (Australia) founded in 2009. Gold exploration and mining are conducted in Western Australia. The company has 28 employees. Novo Resources has completed 1 acquisition, including Millennium Minerals. Novo Resources offers products and services including Gold Exploration and Drilling Techniques. Its focus areas include Mining, Mining Companies, Metals and Precious Metals. Its legal entity is NOVO Resources Corp.
Company details
Novo Resources was founded in 2009 and is headquartered in Perth, Australia. Operations in the gold exploration and mining sector are centered in Western Australia, where multiple projects are managed. The Karratha project encompasses approximately 6,021 square kilometers in the Karratha region. The Beatons Creek project covers 560 square kilometers. Additional initiatives include the Pilbara, Blue Spec, Marble Bar, and Tuscarora projects, with exploration rights secured across various tenements.
- Net Profit-$16.35 M (USD)3.62as on Dec 31, 2025
- EBITDA-$16.54 M (USD)-32.88as on Dec 31, 2025
- Latest Funding Round$4.24M (USD), Post-IPO
Feb 2026
- InvestorsKL Gold
& 3 more
- Employee Count28
- Investments & Acquisitions
Products & Services of Novo Resources
Novo Resources offers a comprehensive portfolio of products and services, including Gold Exploration and Drilling Techniques.
Exploration and development of gold deposits are carried out for potential mining uses
Drilling methods and costs are explained and applied in gold project assessments
Apps and channels of Novo Resources
its YouTube channel Novo Resources has 612 subscribers and 30 videos.
Videos from Novo Resources
The most watched videos on Novo Resources's YouTube channel, Novo Resources (612 subscribers). Click a video to play it here.
More on Novo Resources.
Funding Insights of Novo Resources
- Total Rounds 18
- Last Round Post-IPO — $4.24M
- First Round $71,670
(Jun 2010)
- Investors Count 4
Latest 10 of 18 funding rounds of Novo Resources with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2026 | $4.24M | Post-IPO | – | – | – |
| Dec 2023 | $1.23M | Post-IPO | – | – | |
| May 2021 | $1.3M | Post-IPO | – | – | – |
| Aug 2020 | $5.54M | Post-IPO | – | – | – |
| May 2018 | $15.37M | Post-IPO | – | – | |
| May 2017 | $10.93M | Post-IPO | – | – | |
| Aug 2016 | $4.18M | Post-IPO | – | – | – |
| Jul 2016 | $1.4M | Post-IPO | – | – | – |
| Mar 2016 | $2.36M | Post-IPO | – | – | – |
| Jul 2015 | $249,600 | Post-IPO | – | – | – |
4 investors in total: 4 institutional.
Investors in Novo Resources
Novo Resources has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include KL Gold, Pinetree Capital and Liatam.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech and life sciences focused VC firm funding companies in Canada, the US and the UK | 1962 | pinetreecapital.com | Toronto, Canada | |
Gold mining and exploration are conducted by the company. | 1983 | klgold.com | Toronto, Canada | |
Provides tailored marketing programs and events for mining sector clients. | 2015 | redcloudks.com | Toronto, Canada | |
| liatam.com |
Investor details for Novo Resources
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Novo Resources
11 people are tracked at Novo Resources (4 in leadership, 2 in board & advisors, 5 in team); the tracked headcount is 28.
| Name | Role | Group |
|---|---|---|
Quinton Hennigh | President & CEO | Leadership |
Ronan Sabo-Walsh | Chief Financial Officer & Company Secretary | Leadership |
Kas De Luca | General Manager of Exploration | Leadership |
Elza van der Walt | Chief Financial Officer | Leadership |
Michael Spreadborough | Executive Co-Chairman | Board & advisors |
Michael Barrett | Lead Independent Director | Board & advisors |
Callum Clark | Exploration Geologist | Team |
Christopher Doyle | Exploration Manager - Victoria & Project Generation | Team |
Sarah Sharpe | Exploration Geologist | Team |
Jodie Russell | Exploration Support Officer At Novo Resources Corp | Team |
Neil H. | Senior Exploration Geologist | Team |
Complete people profiles for Novo Resources
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IPO & Listings of Novo Resources
Novo Resources is a publicly listed company on the TSX with ticker symbol NVO in Canada, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date11 Sep 2023
- Listed onASX: NVO
- Listed entityNovo Resources Corp.
- Exchange sectorNon-energy minerals
- ISINCA67010B1022
- Share price0.07 CAD · 2026-10-13
- Market capitalisation27,784,670.00 CAD
- EPS (diluted, trailing year)-0.06 CAD
- Volume (last session)359,072
Financials of Novo Resources
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | -22.4M CAD | -22.6M CAD | |
| 2024 | -23.2M CAD | -17.1M CAD | |
| 2023 | -127.8M CAD | -24.4M CAD | |
| 2022 | -105.4M CAD | -8.3M CAD | |
| 2021 | 112.2M CAD | -704,000 CAD | -9.2M CAD |
Detailed financial statements for Novo Resources
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Investments & Acquisitions by Novo Resources
Novo Resources has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Millennium Minerals.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Gold mining and exploration operations are conducted in Australia. | millenniumminerals.com.au | Belmont, Australia | 1987 | Aug 2020 | $106.76M |
Complete acquisition details for Novo Resources
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- Acquired stakes
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Timeline of Novo Resources
5 dated milestones of Novo Resources across 17 years, from founding to its latest funding, stage changes and deals.
- Founded Novo Resources is founded.
- Funding First funding round of $72K.
- Acquisition Acquires Millennium Minerals.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $4.2M.
Web traffic of Novo Resources
The website of Novo Resources (novoresources.com) receives about 8.8K visits a month.
- Monthly visits8.8K
▲ 8% vs previous month
Websites whose visitors overlap most with Novo Resources. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
investor-magazin.de | investor-magazin.de | 100% | #3,293,572 | – | |
| otcmarkets.com | 84% | 808.4K | #70,309 | View details | |
| stockhouse.com | 84% | 1.3M | #51,794 | View details | |
investorshub.advfn.com | investorshub.advfn.com | 84% | – | ||
ciro.ca | ciro.ca | 83% | #229,457 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Novo Resources
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- 9 similar websites
- Audience overlap
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Related news about Novo Resources
Complete news archive for Novo Resources
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Frequently Asked Questions about Novo Resources
Novo Resources was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Novo Resources is headquartered in Perth, Australia. It is registered at Perth, Western Australia, Australia.
Novo Resources has 28 employees.
Novo Resources was founded in 2009 and is headquartered in Perth, Australia. Operations in the gold exploration and mining sector are centered in Western Australia, where multiple projects are managed. The Karratha project encompasses approximately 6,021 square kilometers in the Karratha region. The Beatons Creek project covers 560 square kilometers. Additional initiatives include the Pilbara, Blue Spec, Marble Bar, and Tuscarora projects, with exploration rights secured across various tenements.
Novo Resources offers Gold Exploration and Drilling Techniques.
Yes, Novo Resources is publicly traded on TSX under the ticker symbol NVO.
Novo Resources has made 1 acquisition, including Millennium Minerals.
Novo Resources has 4 investors. Key investors include KL Gold, Pinetree Capital, Liatam, and Red Cloud Klondike Strike.
Novo Resources operates through Novo Resources Corp.