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.
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
| Week | Price | 50-day avg | 200-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 |
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
| Week | Price | 50-day avg | 200-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 |
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 | 13-week return vs S&P 500 |
|---|---|
| 26 Jul 2024 | no S&P 500 reading |
| 2 Aug 2024 | no S&P 500 reading |
| 9 Aug 2024 | no S&P 500 reading |
| 16 Aug 2024 | no S&P 500 reading |
| 23 Aug 2024 | no S&P 500 reading |
| 30 Aug 2024 | no S&P 500 reading |
| 6 Sep 2024 | no S&P 500 reading |
| 13 Sep 2024 | no S&P 500 reading |
| 20 Sep 2024 | no S&P 500 reading |
| 27 Sep 2024 | no S&P 500 reading |
| 4 Oct 2024 | no S&P 500 reading |
| 11 Oct 2024 | no S&P 500 reading |
| 18 Oct 2024 | no 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% |
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
| Quarter | Net 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%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | – |
| FY23 | −132% |
| FY24 | – |
Jun 2026: −$8.9 M
- Net profit (quarterly) −$8.9 M
| Quarter | Net 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 |
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
| Quarter | Revenue |
|---|---|
| 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%
| Quarter | Growth on a year earlier |
|---|---|
| FY21 | – |
| FY22 | 4,050% |
| FY23 | −99.9% |
| FY24 | – |
Jun 2026: $0
- Revenue (quarterly) $0
| Quarter | Revenue (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%
| Quarter | Growth 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 | – |
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%
| Quarter | Operating margin |
|---|---|
| FY21 | −592.7% |
| FY22 | −127.8% |
| FY23 | −8,721.9% |
| FY24 | 139.9% |
Change on the year before (points)
- Change on the year before (points) +8,861.8 pts
| Quarter | Change on the year before (points) |
|---|---|
| FY21 | – |
| FY22 | +464.9 pts |
| FY23 | −8,594.1 pts |
| FY24 | +8,861.8 pts |
Operating margin each quarter
- Operating margin 724.8%
| Quarter | Operating margin |
|---|---|
| Jun 2023 | −3,200% |
| Sep 2023 | 85.6% |
| Mar 2024 | 288.4% |
| Jun 2024 | 288.4% |
| Sep 2024 | −336.6% |
| Dec 2024 | −336.6% |
| Mar 2025 | 778.8% |
| Jun 2025 | 724.8% |
| Sep 2025 | – |
| Dec 2025 | – |
| Mar 2026 | – |
| Jun 2026 | – |
Change on a year earlier (points)
- Change on a year earlier (points) +436.4 pts
| Quarter | Change 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 | – |
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
| Quarter | Operating cash | Net profit | Free 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 |
Jun 2026: operating cash −$2.9 M
- Operating cash (quarterly) −$2.9 M
| Quarter | Operating 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 |
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
| Quarter | Capex |
|---|---|
| FY21 | $21.0 M |
| FY22 | $17.8 M |
| FY23 | $15.9 M |
| FY24 | $8.4 M |
Jun 2026: capex $4.0 M in the quarter
- Capex (quarterly) $4.0 M
| Quarter | Capex (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
| Quarter | Free 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 |
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.
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%
| Quarter | Revenue growth |
|---|---|
| FY21 | – |
| FY22 | 4,050% |
| FY23 | −99.9% |
| FY24 | – |
Profit growth, EPS growth
- Profit growth −132%
- EPS growth −132.2%
| Quarter | Profit growth | EPS growth |
|---|---|---|
| FY21 | – | – |
| FY22 | – | – |
| FY23 | −132% | −132.2% |
| FY24 | – | – |
Three growth lines over twelve quarters
- Revenue −100%
| Quarter | Revenue |
|---|---|
| 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 | – |
ROCE: the return line, worked out each quarter
- ROCE −110.6%
| Quarter | ROCE |
|---|---|
| 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% |
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%
| Quarter | ROE | Cost of capital |
|---|---|---|
| FY21 | −5.9% | 8.5% |
| FY22 | 33.2% | 8.5% |
| FY23 | −10.1% | 8.5% |
| FY24 | −16.6% | 8.5% |
Jun 2026: ROE −55.0% (last 12 months)
- ROE (12 months) −55.0%
| Quarter | ROE (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% |
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
| Quarter | Total 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×
| Quarter | Debt-to-equity |
|---|---|
| FY21 | 0.02× |
| FY23 | 0.06× |
| FY24 | 0.07× |
| FY26 | 0.13× |
Jun 2026: debt $3.2 M, debt-to-equity 0.13
- Total debt (quarterly) $3.2 M
| Quarter | Total 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×
| Quarter | Debt-to-equity |
|---|---|
| Mar 2023 | 0.06× |
| Jun 2023 | 0.06× |
| Sep 2023 | 0.07× |
| Dec 2023 | 0.07× |
| Mar 2024 | 0.07× |
| Jun 2024 | 0.07× |
| Sep 2024 | 0.06× |
| Dec 2024 | 0.06× |
| Sep 2025 | 0.04× |
| Dec 2025 | 0.04× |
| Mar 2026 | 0.13× |
| Jun 2026 | 0.13× |
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
- Ferroglobe PLC $548 million
- REalloys Inc. $459 million
- United States Antimony Corporation $446 million
- Elevra Lithium Limited $408 million
- Lifezone Metals Limited $356 million
- Titan Mining Corporation $206 million
- 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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