The volatility ratio for the week is 10.83%, and the volatility levels for the last 30 days are 8.07% for Nova Minerals Limited ADR The simple moving average for the past 20 days is -18.29% for NVA’s stock, with a -12.01% simple moving average for the past 200 days.
Is It Worth Investing in Nova Minerals Limited ADR (NASDAQ: NVA) Right Now?
The average trading volume for NVA on September 25, 2024 was 23.18K shares.
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NVA) stock’s latest price update
Nova Minerals Limited ADR (NASDAQ: NVA)’s stock price has dropped by -14.92 in relation to previous closing price of 5.86. Nevertheless, the company has seen a loss of -25.52% in its stock price over the last five trading days. globenewswire.com reported 2024-09-04 that CALGARY, Alberta, Sept. 04, 2024 (GLOBE NEWSWIRE) — The Board of Directors of NuVista Energy Ltd. (“NuVista” or the “Company”) (TSX: NVA) today announces that Jonathan Wright will retire as Chief Executive Officer of the Company effective December 31, 2024, and Mike Lawford, currently President and Chief Operating Officer, will be appointed as President and Chief Executive Officer and a Director of the Company effective January 1, 2025. The Board is also pleased to announce that Jonathan Wright has agreed to continue to serve the Company as a member of its Board of Directors.
NVA Trading at -12.01% from the 50-Day Moving Average
After a stumble in the market that brought NVA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.71% of loss for the given period.
Volatility was left at 8.07%, however, over the last 30 days, the volatility rate increased by 10.83%, as shares sank -17.25% for the moving average over the last 20 days.
During the last 5 trading sessions, NVA fell by -25.52%, in comparison to the 20-day moving average, which settled at $6.06. In addition, Nova Minerals Limited ADR saw 3.96% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for NVA
The total capital return value is set at -0.03. Equity return is now at value -14.01, with -12.11 for asset returns.
Based on Nova Minerals Limited ADR (NVA), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at -0.41. The debt to equity ratio resting at 0.07. The interest coverage ratio of the stock is -2.28.
Currently, EBITDA for the company is -2.55 million with net debt to EBITDA at -0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.83.
Conclusion
In conclusion, Nova Minerals Limited ADR (NVA) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
