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Nova Minerals share price today

Nova Minerals Corp · NVA · Materials · Other Industrial Metals & Mining · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists

Nova Minerals share price: $5.24 at the close on 4 November 2026, −40.9% in a year.

$5.24Price −40.9% in a year
$0Revenue (Jun 2026)
−$8.9 MProfit (Jun 2026)
−17%ROE FY24

Nova Minerals Corp's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.

The price has been moving sideways for 21 weeks. Over the last four quarters, results have been mixed. What will decide it: the next one or two quarters of results.

What is the Nova Minerals share price today?

Nova Minerals Corp's share price was $5.24 at the close on 4 November 2026. It has been moving sideways for 21 weeks. That is 12.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between $3 and $11, and at that close it sat 29% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Nova Minerals Corp is in stage 1. The phase helps read everything below.

Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 4 weeks running.

1Y

Nov 2026: $5.24, 12.7% below its 200-day average. The price has been moving sideways for 21 weeks.

  • Price $5.24
  • 50-day avg $5.00
  • 200-day avg $6.00
Nov 2026: $5.24, 12.7% below its 200-day average. The price has been moving sideways for 21 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025$8.93$4.67$2.95
7 Nov 2025$8.87$5.16$3.06
14 Nov 2025$9.83$5.93$3.25
21 Nov 2025$7.97$6.54$3.40
28 Nov 2025$9.55$7.04$3.53
5 Dec 2025$9.21$7.67$3.70
10 Dec 2025$8.14$7.96$3.79
19 Dec 2025$6.70$8.02$3.81
26 Dec 2025$7.23$8.22$3.91
2 Jan 2026$6.40$8.30$3.99
9 Jan 2026$8.24$7.86$4.12
16 Jan 2026$9.14$8.10$4.28
23 Jan 2026$10.95$8.33$4.44
30 Jan 2026$8.42$8.60$4.63
6 Feb 2026$7.75$8.41$4.79
13 Feb 2026$7.06$8.31$4.91
20 Feb 2026$6.45$8.13$4.99
27 Feb 2026$7.69$7.94$5.11
6 Mar 2026$6.59$7.91$5.23
13 Mar 2026$6.21$7.89$5.33
20 Mar 2026$5.00$7.80$5.42
27 Mar 2026$5.60$7.53$5.50
2 Apr 2026$5.97$7.25$5.56
10 Apr 2026$6.08$6.80$5.64
17 Apr 2026$6.85$6.58$5.74
24 Apr 2026$6.11$6.43$5.83
1 May 2026$5.81$6.34$5.92
8 May 2026$6.60$6.26$6.02
15 May 2026$5.84$6.11$6.13
22 May 2026$6.20$6.04$6.23
29 May 2026$6.72$6.04$6.31
2 Jun 2026$7.02$6.12$6.35
18 Jun 2026$5.76$6.14$6.39
26 Jun 2026$4.62$6.12$6.47
2 Jul 2026$4.78$6.02$6.52
10 Jul 2026$4.41$5.85$6.58
17 Jul 2026$4.36$5.67$6.64
24 Jul 2026$4.68$5.53$6.69
31 Jul 2026$4.42$5.41$6.74
7 Aug 2026$5.72$5.29$6.80
14 Aug 2026$5.09$5.24$6.84
21 Aug 2026$5.36$5.15$6.85
28 Aug 2026$5.51$5.02$6.70
4 Sep 2026$6.13$5.02$6.66
11 Sep 2026$6.14$5.15$6.66
18 Sep 2026$6.06$5.29$6.63
25 Sep 2026$5.60$5.37$6.52
2 Oct 2026$5.76$5.46$6.44
9 Oct 2026$4.86$5.54$6.36
16 Oct 2026$3.13$5.44$6.23
23 Oct 2026$2.87$5.19$6.11
30 Oct 2026$3.81$5.02$6.03
4 Nov 2026$5.24$5.00$6.00
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: $5.24, 12.7% below its 200-day average. The price has been moving sideways for 21 weeks.

  • Price $5.24
  • 50-day avg $5.00
  • 200-day avg $6.00
Nov 2026: $5.24, 12.7% below its 200-day average. The price has been moving sideways for 21 weeks.
WeekPrice50-day avg200-day avg
26 Jul 2024$1.00––
2 Aug 2024$1.02––
9 Aug 2024$1.14––
16 Aug 2024$1.07––
23 Aug 2024$1.24––
30 Aug 2024$1.22––
6 Sep 2024$1.20––
13 Sep 2024$1.26––
20 Sep 2024$1.18––
27 Sep 2024$1.08––
4 Oct 2024$1.40$1.14–
11 Oct 2024$1.44$1.18–
18 Oct 2024$1.47$1.22–
25 Oct 2024$2.14$1.30–
1 Nov 2024$1.90$1.38–
8 Nov 2024$1.50$1.42–
15 Nov 2024$1.58$1.46–
22 Nov 2024$1.63$1.50–
29 Nov 2024$1.93$1.55–
6 Dec 2024$1.90$1.63–
13 Dec 2024$2.24$1.73–
20 Dec 2024$2.52$1.82–
27 Dec 2024$3.00$1.93–
3 Jan 2025$3.40$2.04–
10 Jan 2025$2.85$2.13–
17 Jan 2025$2.28$2.19–
24 Jan 2025$2.73$2.26–
31 Jan 2025$2.40$2.36–
7 Feb 2025$2.51$2.44–
14 Feb 2025$2.32$2.50–
21 Feb 2025$2.38$2.53–
28 Feb 2025$2.26$2.54–
7 Mar 2025$2.35$2.53–
14 Mar 2025$2.24$2.48–
21 Mar 2025$2.48$2.40–
28 Mar 2025$2.29$2.36–
4 Apr 2025$1.88$2.33–
11 Apr 2025$2.20$2.27–
17 Apr 2025$2.58$2.29–
25 Apr 2025$2.58$2.29–
2 May 2025$2.59$2.31–
9 May 2025$2.46$2.33–
16 May 2025$2.43$2.36$1.96
23 May 2025$2.40$2.38$2.00
30 May 2025$2.50$2.39$2.03
6 Jun 2025$2.86$2.43$2.07
13 Jun 2025$2.64$2.47$2.11
20 Jun 2025$2.42$2.53$2.13
27 Jun 2025$2.51$2.56$2.17
3 Jul 2025$2.42$2.55$2.19
11 Jul 2025$2.26$2.51$2.22
18 Jul 2025$1.88$2.45$2.24
25 Jul 2025$2.00$2.40$2.26
1 Aug 2025$2.29$2.38$2.28
8 Aug 2025$2.59$2.38$2.30
15 Aug 2025$2.29$2.36$2.32
22 Aug 2025$2.13$2.29$2.32
29 Aug 2025$2.25$2.26$2.34
5 Sep 2025$2.28$2.24$2.35
12 Sep 2025$2.41$2.23$2.37
19 Sep 2025$2.74$2.26$2.39
26 Sep 2025$3.06$2.37$2.42
3 Oct 2025$4.37$2.56$2.46
10 Oct 2025$5.38$2.82$2.52
17 Oct 2025$11.60$3.70$2.74
24 Oct 2025$6.39$4.18$2.84
31 Oct 2025$8.93$4.67$2.95
7 Nov 2025$8.87$5.16$3.06
14 Nov 2025$9.83$5.93$3.25
21 Nov 2025$7.97$6.54$3.40
28 Nov 2025$9.55$7.04$3.53
5 Dec 2025$9.21$7.67$3.70
10 Dec 2025$8.14$7.96$3.79
19 Dec 2025$6.70$8.02$3.81
26 Dec 2025$7.23$8.22$3.91
2 Jan 2026$6.40$8.30$3.99
9 Jan 2026$8.24$7.86$4.12
16 Jan 2026$9.14$8.10$4.28
23 Jan 2026$10.95$8.33$4.44
30 Jan 2026$8.42$8.60$4.63
6 Feb 2026$7.75$8.41$4.79
13 Feb 2026$7.06$8.31$4.91
20 Feb 2026$6.45$8.13$4.99
27 Feb 2026$7.69$7.94$5.11
6 Mar 2026$6.59$7.91$5.23
13 Mar 2026$6.21$7.89$5.33
20 Mar 2026$5.00$7.80$5.42
27 Mar 2026$5.60$7.53$5.50
2 Apr 2026$5.97$7.25$5.56
10 Apr 2026$6.08$6.80$5.64
17 Apr 2026$6.85$6.58$5.74
24 Apr 2026$6.11$6.43$5.83
1 May 2026$5.81$6.34$5.92
8 May 2026$6.60$6.26$6.02
15 May 2026$5.84$6.11$6.13
22 May 2026$6.20$6.04$6.23
29 May 2026$6.72$6.04$6.31
2 Jun 2026$7.02$6.12$6.35
18 Jun 2026$5.76$6.14$6.39
26 Jun 2026$4.62$6.12$6.47
2 Jul 2026$4.78$6.02$6.52
10 Jul 2026$4.41$5.85$6.58
17 Jul 2026$4.36$5.67$6.64
24 Jul 2026$4.68$5.53$6.69
31 Jul 2026$4.42$5.41$6.74
7 Aug 2026$5.72$5.29$6.80
14 Aug 2026$5.09$5.24$6.84
21 Aug 2026$5.36$5.15$6.85
28 Aug 2026$5.51$5.02$6.70
4 Sep 2026$6.13$5.02$6.66
11 Sep 2026$6.14$5.15$6.66
18 Sep 2026$6.06$5.29$6.63
25 Sep 2026$5.60$5.37$6.52
2 Oct 2026$5.76$5.46$6.44
9 Oct 2026$4.86$5.54$6.36
16 Oct 2026$3.13$5.44$6.23
23 Oct 2026$2.87$5.19$6.11
30 Oct 2026$3.81$5.02$6.03
4 Nov 2026$5.24$5.00$6.00
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 2-year window.

Price stage: Rising from Dec 2025 to Jun 2026; Sideways from Jun 2026 to Nov 2026.

Price stage: Rising from Dec 2025 to Jun 2026; Sideways from Jun 2026 to Nov 2026.

Week by week since 2024: did it beat the S&P 500 over the past 13 weeks?

Ahead in 54 of 106 weeks

Week by week since 2024: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
26 Jul 2024no S&P 500 reading
2 Aug 2024no S&P 500 reading
9 Aug 2024no S&P 500 reading
16 Aug 2024no S&P 500 reading
23 Aug 2024no S&P 500 reading
30 Aug 2024no S&P 500 reading
6 Sep 2024no S&P 500 reading
13 Sep 2024no S&P 500 reading
20 Sep 2024no S&P 500 reading
27 Sep 2024no S&P 500 reading
4 Oct 2024no S&P 500 reading
11 Oct 2024no S&P 500 reading
18 Oct 2024no S&P 500 reading
25 Oct 2024+107.6%
1 Nov 2024+79.1%
8 Nov 2024+19.3%
15 Nov 2024+42.0%
22 Nov 2024+25.5%
29 Nov 2024+51.3%
6 Dec 2024+45.9%
13 Dec 2024+70.3%
20 Dec 2024+109.5%
27 Dec 2024+173.7%
3 Jan 2025+139.5%
10 Jan 2025+97.8%
17 Jan 2025+52.9%
24 Jan 2025+22.6%
31 Jan 2025+20.9%
7 Feb 2025+66.9%
14 Feb 2025+42.7%
21 Feb 2025+45.3%
28 Feb 2025+18.5%
7 Mar 2025+28.9%
14 Mar 2025+6.9%
21 Mar 2025+3.0%
28 Mar 2025−17.1%
4 Apr 2025−30.1%
11 Apr 2025−14.8%
17 Apr 2025+25.1%
25 Apr 2025+3.9%
2 May 2025+13.7%
9 May 2025+4.1%
16 May 2025+7.3%
23 May 2025+4.3%
30 May 2025+11.4%
6 Jun 2025+17.7%
13 Jun 2025+11.8%
20 Jun 2025−7.8%
27 Jun 2025−1.1%
3 Jul 2025+5.0%
11 Jul 2025−14.1%
18 Jul 2025−46.4%
25 Jul 2025−38.2%
1 Aug 2025−21.3%
8 Aug 2025−7.6%
15 Aug 2025−14.0%
22 Aug 2025−22.7%
29 Aug 2025−19.4%
5 Sep 2025−28.3%
12 Sep 2025−18.8%
19 Sep 2025+1.5%
26 Sep 2025+14.3%
3 Oct 2025+73.6%
10 Oct 2025+133.3%
17 Oct 2025+511.2%
24 Oct 2025+213.2%
31 Oct 2025+280.3%
7 Nov 2025+237.2%
14 Nov 2025+324.8%
21 Nov 2025+272.1%
28 Nov 2025+318.5%
5 Dec 2025+298.0%
10 Dec 2025+234.1%
19 Dec 2025+142.0%
26 Dec 2025+132.0%
2 Jan 2026+44.4%
9 Jan 2026+46.9%
16 Jan 2026−25.3%
23 Jan 2026+69.6%
30 Jan 2026−7.2%
6 Feb 2026−15.6%
13 Feb 2026−29.6%
20 Feb 2026−23.7%
27 Feb 2026−19.9%
6 Mar 2026−26.5%
13 Mar 2026−20.9%
20 Mar 2026−20.7%
27 Mar 2026−14.4%
2 Apr 2026−2.7%
10 Apr 2026−24.1%
17 Apr 2026−27.7%
24 Apr 2026−47.8%
1 May 2026−35.1%
8 May 2026−21.6%
15 May 2026−25.7%
22 May 2026−12.0%
29 May 2026−22.9%
2 Jun 2026−3.2%
18 Jun 2026−20.0%
26 Jun 2026−20.0%
2 Jul 2026−32.1%
10 Jul 2026−41.2%
17 Jul 2026−37.7%
24 Jul 2026−35.7%
31 Jul 2026−32.3%
7 Aug 2026−8.8%
14 Aug 2026−28.1%
21 Aug 2026−11.8%
28 Aug 2026−14.3%
4 Sep 2026−10.6%
11 Sep 2026−16.2%
18 Sep 2026+3.2%
25 Sep 2026+15.4%
2 Oct 2026+17.2%
9 Oct 2026+7.1%
16 Oct 2026−30.9%
23 Oct 2026−41.5%
30 Oct 2026−15.0%
4 Nov 2026−3.2%
Each bar is one week, from 2024 to now (106 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 2.3 years the share price moved +424% while the S&P 500 moved +35%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 9 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Nova Minerals pay?

Nova Minerals Corp pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.

Which stock lists is Nova Minerals on?

Nova Minerals is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.

Is Nova Minerals profitable?

Nova Minerals Corp posted a net loss of $8.9 M in the Jun 2026 quarter. The full FY24 year was a loss of $10.9 M. The same quarter a year earlier lost $5.3 M. 12 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

FY24 profit −$10.9 M

  • Net profit −$10.9 M
FY24 profit −$10.9 M
QuarterNet profit
FY21−$3.1 M
FY22$23.9 M
FY23−$7.6 M
FY24−$10.9 M

Growth on a year earlier

  • Growth on a year earlier −132%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY22–
FY23−132%
FY24–
Top: net profit each year, $ M. Below: growth on the year before, %. 4-year window. A grey bar is lower than the year before.

Jun 2026: −$8.9 M

  • Net profit (quarterly) −$8.9 M
Jun 2026: −$8.9 M
QuarterNet profit (quarterly)
Jun 2023−$1.9 M
Sep 2023−$3.0 M
Mar 2024−$2.3 M
Jun 2024−$2.4 M
Sep 2024−$0.7 M
Dec 2024−$0.6 M
Mar 2025−$5.3 M
Jun 2025−$5.3 M
Sep 2025−$3.7 M
Dec 2025−$3.7 M
Mar 2026−$9.0 M
Jun 2026−$8.9 M
Net profit each quarter, $ M. Last 12 quarters. A grey bar is lower than the quarter before.

How much revenue does Nova Minerals make, and is it growing?

Nova Minerals Corp reported $0 of revenue in the Jun 2026 quarter. The last full year, FY24, came in at −$6.7 M. The last four reported quarters add to $0. A growth rate over several years is not shown, because there are too few years of figures to work one out properly.

Revenue is everything the company billed its customers in the period.

The quarterly figures for FY22 do not add up to the full-year total on file, so those quarters are left out of the charts and sums.

FY24 revenue −$6.7 M

  • Revenue −$6.7 M
FY24 revenue −$6.7 M
QuarterRevenue
FY21$0.7 M
FY22$27.3 M
FY23$0
FY24−$6.7 M

Growth on a year earlier

  • Growth on a year earlier −99.9%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY224,050%
FY23−99.9%
FY24–
Top: revenue each year, $ M. Below: growth on the year before, %. 4-year window. A grey bar is lower than the year before.

Jun 2026: $0

  • Revenue (quarterly) $0
Jun 2026: $0
QuarterRevenue (quarterly)
Jun 2023$0
Sep 2023−$2.4 M
Mar 2024−$0.9 M
Jun 2024−$0.9 M
Sep 2024$0.6 M
Dec 2024$0.5 M
Mar 2025−$0.6 M
Jun 2025−$0.6 M
Sep 2025$0
Dec 2025$0
Mar 2026$0
Jun 2026$0

Growth on a year earlier

  • Growth on a year earlier −100%
Growth on a year earlier
QuarterGrowth on a year earlier
Jun 2023–
Sep 2023–
Mar 2024−5,543.8%
Jun 2024−5,668.8%
Sep 2024–
Dec 2024–
Mar 2025–
Jun 2025–
Sep 2025−100%
Dec 2025−100%
Mar 2026–
Jun 2026–
Top: revenue each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

How much of every $100 of sales does Nova Minerals keep?

We do not have a clean operating margin for Nova Minerals Corp. Its accounts do not report the operating-profit line this section uses, which is common for lenders and holding companies. The other sections show what its filings do report.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why: the operating margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.

FY24: 139.9%, within a range of −8,721.9% to 139.9% over 4 years

  • Operating margin 139.9%
FY24: 139.9%, within a range of −8,721.9% to 139.9% over 4 years
QuarterOperating margin
FY21−592.7%
FY22−127.8%
FY23−8,721.9%
FY24139.9%

Change on the year before (points)

  • Change on the year before (points) +8,861.8 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY21–
FY22+464.9 pts
FY23−8,594.1 pts
FY24+8,861.8 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 4-year window.

Operating margin each quarter

  • Operating margin 724.8%
Operating margin each quarter
QuarterOperating margin
Jun 2023−3,200%
Sep 202385.6%
Mar 2024288.4%
Jun 2024288.4%
Sep 2024−336.6%
Dec 2024−336.6%
Mar 2025778.8%
Jun 2025724.8%
Sep 2025–
Dec 2025–
Mar 2026–
Jun 2026–

Change on a year earlier (points)

  • Change on a year earlier (points) +436.4 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Jun 2023–
Sep 2023−1.5 pts
Mar 2024+3,513.4 pts
Jun 2024+3,488.4 pts
Sep 2024−422.2 pts
Dec 2024–
Mar 2025+490.4 pts
Jun 2025+436.4 pts
Sep 2025–
Dec 2025–
Mar 2026–
Jun 2026–
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Nova Minerals' profit turning into cash?

Nova Minerals Corp's cash-flow history is too short to judge how much of its profit turns into cash. In FY24 its operations used $2.4 M of cash, against −$10.9 M of profit. After $8.4 M of spending on assets, free cash was −$10.9 M: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY24: operating cash −$2.4 M against profit −$10.9 M

  • Operating cash −$2.4 M
  • Net profit −$10.9 M
  • Free cash −$10.9 M
FY24: operating cash −$2.4 M against profit −$10.9 M
QuarterOperating cashNet profitFree cash
FY21−$2.1 M−$3.1 M–
FY22−$2.0 M$23.9 M−$19.8 M
FY23−$2.1 M−$7.6 M−$17.9 M
FY24−$2.4 M−$10.9 M−$10.9 M
Operating cash flow and net profit each year, $ M. The line is free cash flow: operating cash minus spending on assets. 4-year window, yearly figures. FY21 was an acquisition year, so its point is cut off at the edge.

Jun 2026: operating cash −$2.9 M

  • Operating cash (quarterly) −$2.9 M
Jun 2026: operating cash −$2.9 M
QuarterOperating cash (quarterly)
Sep 2023−$0.4 M
Dec 2023−$0.4 M
Mar 2024−$0.8 M
Jun 2024−$0.8 M
Sep 2024−$1.5 M
Dec 2024−$1.3 M
Mar 2025−$2.5 M
Jun 2025−$2.4 M
Sep 2025−$1.4 M
Dec 2025−$1.4 M
Mar 2026−$2.9 M
Jun 2026−$2.9 M
Operating cash each quarter, $ M. Last 12 quarters.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Where does Nova Minerals' cash go?

Nova Minerals Corp does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $42.1 M on assets over the last 3 years. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Spending on assets: $42.1 M over the last 3 years.

FY24: capex $8.4 M, down from the year before

  • Capex $8.4 M
FY24: capex $8.4 M, down from the year before
QuarterCapex
FY21$21.0 M
FY22$17.8 M
FY23$15.9 M
FY24$8.4 M
Capital spending each year, $ M.

Jun 2026: capex $4.0 M in the quarter

  • Capex (quarterly) $4.0 M
Jun 2026: capex $4.0 M in the quarter
QuarterCapex (quarterly)
Sep 2023$3.5 M
Dec 2023$3.7 M
Mar 2024$0.6 M
Jun 2024$0.6 M
Sep 2024$1.2 M
Dec 2024$1.1 M
Mar 2025$1.0 M
Jun 2025$1.1 M
Sep 2025$5.1 M
Dec 2025$5.2 M
Mar 2026$3.9 M
Jun 2026$4.0 M

Free cash

  • Free cash $1.1 M
Free cash
QuarterFree cash
Sep 2023−$3.9 M
Dec 2023−$4.1 M
Mar 2024−$1.4 M
Jun 2024−$1.4 M
Sep 2024−$2.7 M
Dec 2024−$2.4 M
Mar 2025−$1.5 M
Jun 2025−$1.4 M
Sep 2025−$6.5 M
Dec 2025−$6.6 M
Mar 2026$1.0 M
Jun 2026$1.1 M
Top: capital spending each quarter, $ M. Below: free cash flow, $ M. Last 12 quarters.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Nova Minerals' P/E ratio, and how does it compare with its own history?

Nova Minerals Corp has no P/E right now, because its earnings are negative. The revenue and margin sections are where a turn would show first. The P/E comes back here once profit turns positive.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

—P/E · earnings negative
n/mPEG · cannot be worked out, because 3-year earnings growth is not available

Is the Nova Minerals business getting better or worse?

Nova Minerals Corp's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 4 quarters of 1 measure, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading.

Growth year by year: revenue −99.9% in FY23, profit −132.0%

  • Revenue growth −99.9%
Growth year by year: revenue −99.9% in FY23, profit −132.0%
QuarterRevenue growth
FY21–
FY224,050%
FY23−99.9%
FY24–

Profit growth, EPS growth

  • Profit growth −132%
  • EPS growth −132.2%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY21––
FY22––
FY23−132%−132.2%
FY24––
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters

  • Revenue −100%
Three growth lines over twelve quarters
QuarterRevenue
Jun 2023–
Sep 2023–
Mar 2024−300%
Jun 2024−300%
Sep 2024–
Dec 2024–
Mar 2025–
Jun 2025–
Sep 2025−100%
Dec 2025−100%
Mar 2026–
Jun 2026–
Growth on a year earlier, % at each quarter end. Top: revenue. Each is measured over the last 12 months. Where the 12-month history is short, the line uses single-quarter growth instead, which is noisier; extreme jumps from a tiny base are evened out before reading. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE −110.6%
ROCE: the return line, worked out each quarter
QuarterROCE
Jun 2023–
Sep 2023–
Mar 2024–
Jun 2024–
Sep 2024–
Dec 2024–
Mar 2025–
Jun 2025–
Sep 2025–
Dec 2025−19.6%
Mar 2026−96%
Jun 2026−110.6%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
FallingROCE · latest −110.6%, range −110.6% to −19.6%

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

How much does Nova Minerals earn on its capital?

Nova Minerals Corp earned a ROE of −17% in FY24. Its return on capital used (ROIC) is left out: on sales this small it reads −86%, a number that says nothing useful about the business. It comes from a 163.2% net margin and −0.09× asset turnover (sales divided by assets).

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

Why the return is what it is (FY24): a 163.2% net margin × −0.09× asset turnover × 1.09× leverage (assets divided by equity) ≈ −16.0% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed.

FY24: ROE −17%, the full history

  • ROE −16.6%
  • Cost of capital 8.5%
FY24: ROE −17%, the full history
QuarterROECost of capital
FY21−5.9%8.5%
FY2233.2%8.5%
FY23−10.1%8.5%
FY24−16.6%8.5%
Return on equity each year, % (line). 4-year window, low years included. The flat line is the 8.5% cost of capital used on this page.

Jun 2026: ROE −55.0% (last 12 months)

  • ROE (12 months) −55.0%
Jun 2026: ROE −55.0% (last 12 months)
QuarterROE (12 months)
Sep 2023−10%
Dec 2023−17%
Mar 2024−17.9%
Jun 2024−14.3%
Sep 2024−14.6%
Dec 2024−3.8%
Mar 2025−3.7%
Jun 2025−55.7%
Sep 2025−235.8%
Dec 2025−17%
Mar 2026−14.5%
Jun 2026−55%
ROE over the last 12 months, each quarter, %. Last 12 quarters, lined up with the yearly figure.

Does Nova Minerals have too much debt?

Nova Minerals Corp has total debt of $3.2 M against shareholder equity of $23.6 M as of Jun 2026, so its debt is 0.13× its equity, which is very little. Year by year, that ratio went from 0.02 in FY21 to 0.13 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY26: debt $3.2 M, 0.13× equity

  • Total debt $3.2 M
FY26: debt $3.2 M, 0.13× equity
QuarterTotal debt
FY21$0.9 M
FY23$4.2 M
FY24$4.5 M
FY26$3.2 M

Debt-to-equity

  • Debt-to-equity 0.13×
Debt-to-equity
QuarterDebt-to-equity
FY210.02×
FY230.06×
FY240.07×
FY260.13×
Top: total debt each year, $ M. Below: debt-to-equity, ×. 4-year window.

Jun 2026: debt $3.2 M, debt-to-equity 0.13

  • Total debt (quarterly) $3.2 M
Jun 2026: debt $3.2 M, debt-to-equity 0.13
QuarterTotal debt (quarterly)
Mar 2023$4.2 M
Jun 2023$4.2 M
Sep 2023$4.3 M
Dec 2023$4.6 M
Mar 2024$4.4 M
Jun 2024$4.5 M
Sep 2024$4.7 M
Dec 2024$4.2 M
Sep 2025$4.0 M
Dec 2025$4.1 M
Mar 2026$3.2 M
Jun 2026$3.2 M

Debt-to-equity

  • Debt-to-equity 0.13×
Debt-to-equity
QuarterDebt-to-equity
Mar 20230.06×
Jun 20230.06×
Sep 20230.07×
Dec 20230.07×
Mar 20240.07×
Jun 20240.07×
Sep 20240.06×
Dec 20240.06×
Sep 20250.04×
Dec 20250.04×
Mar 20260.13×
Jun 20260.13×
Top: total debt each quarter, $ M. Below: debt-to-equity, ×. Last 12 quarters.

What is the Nova Minerals shareholding pattern?

We have no ownership or short-position figures for Nova Minerals Corp, so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 3.9 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

How far is Nova Minerals from balance-sheet trouble?

For Nova Minerals Corp, the Z-score is −0.59. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of −0.59 is inside the danger zone, so the balance sheet is a real risk.

How does Nova Minerals rank in its industry?

There is no score against its industry: Nova Minerals Corp is not among the largest members shown in this industry comparison for Other Industrial Metals & Mining.

The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.

Which companies is Nova Minerals compared with?

No sector comparison is shown here, not among the largest members shown in this industry comparison.

Which companies are close to Nova Minerals in size?

Nova Minerals is the 20th largest of 20 Other Industrial Metals & Mining companies on Sector Alpha by market value (scores of 5 November 2026). Just above it: Ferroglobe PLC, REalloys Inc., United States Antimony Corporation, Elevra Lithium, Lifezone Metals and Titan Mining Corporation. It is the smallest.

Other Industrial Metals & Mining companies close in size

  1. Ferroglobe PLC $548 million
  2. REalloys Inc. $459 million
  3. United States Antimony Corporation $446 million
  4. Elevra Lithium Limited $408 million
  5. Lifezone Metals Limited $356 million
  6. Titan Mining Corporation $206 million
  7. Nova Minerals Corp $200 million

All 20 Other Industrial Metals & Mining companies, largest first

What else do people ask about Nova Minerals?

What were Nova Minerals's latest quarterly results?

Nova Minerals Corp reported revenue of $0 and a net loss of $8.9 M for the Jun 2026 quarter. Earnings per share were −$0.24 (as of 4 November 2026).

What is Nova Minerals's market cap?

Nova Minerals Corp's market capitalisation is $200 M at a stock price of $5.24. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Nova Minerals performing?

Nova Minerals Corp's share price has been moving sideways for 21 weeks. Over the past 13 weeks it has done worse than the S&P 500, for 4 weeks running. This describes what the data did, not a rating (as of 4 November 2026).

Will Nova Minerals's stock price go up?

This page does not forecast Nova Minerals Corp's stock price. What it shows instead: the stock price is $5.24, and it has been moving sideways for 21 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).

Where is Nova Minerals in its business cycle?

Nova Minerals Corp's FY24 operating margin was 139.9%, against a 4-year range of −8,721.9% to 139.9%: the middle of its own range, neither a peak nor a low.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Nova Minerals story?

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Nova Minerals a stock worth studying right now?

What the numbers show: Nova Minerals Corp's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

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