Novo Resources (NVO.AX)

Overall impact
C (59)

Commentary

Novo Resources is an average overall performer. With a 'C' rating of 59.2 for overall impact (60th percentile compared to all companies), Novo Resources ranks 31st out of 110 industry peers, behind Newmont Mining, Franco Nevada, Hannan Metals and 27 others, and ahead of McEwen Mining, Novagold Resources, Alianza Minerals and 76 others. On top material causes for Novo Resources's industry (Metals & Mining), Novo Resources performs well in Lgbtq Equality (87.4 score), Sustainable Use of Water (84.6), Clean Water Access (95.1) and 2 other causes where it received an 'A' score and performs poorly in Reduced Green House Gas Emissions (0.0 score) and Decent, Safe Work Opportunities (22.1).
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Cause NVO.AX
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Company
Founded
2009
Employees
40
Sector
Materials
Industry
Metals & Mining
Sub-industry
Gold
SASB industry
Metals & Mining
Headquarters
Wa, Australia
Share classes
NVO.AX
Description
Novo Resources Corp., together with its subsidiaries, engages in evaluating, acquiring, exploring, and developing natural resource properties in Canada, Australia, and the United States. The company primarily explores for gold deposits. It holds approximately 7,500 sq km of land in the Pilbara region of Western Australia, as well as interests in various projects located in Victoria, Australia. It also holds interest in the John Bull Gold project located in the New England district, New South Wales; and Tibooburra (New South Wales) and Toolunga (Western Australia) Farm-In agreements. The company was formerly known as Galliard Resources Corp. and changed its name to Novo Resources Corp. in June 2011. Novo Resources Corp. was incorporated in 2009 and is headquartered in Vancouver, Canada.
Material causes
Ethos considers the following causes material for Novo Resources, based on its industry sub-industry Gold. Learn more about material causes in our methodology overview.

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