Novo Resources (NVO) Receiving Very Positive Media Coverage, Analysis Shows

Press coverage about Novo Resources (CVE:NVO) has trended very positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Novo Resources earned a media sentiment score of 3.67 on their scale. InfoTrie also assigned news stories about the company an news buzz score of 3 out of 10, meaning that recent press coverage is unlikely to have an effect on the stock’s share price in the next few days.

Shares of CVE NVO opened at C$2.19 on Friday. Novo Resources has a 12-month low of C$1.89 and a 12-month high of C$6.42.

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Novo Resources Company Profile

Novo Resources Corp., together with its subsidiaries, evaluates, acquires, and explores for gold properties in Canada, Australia, and the United States. The company holds 100% interests in the Beatons Creek Paleoplacer gold project comprising 20 mining leases, exploration tenements, and tenement applications covering approximately 560 square kilometers; and the Karratha gold project covering approximately 6,021 square kilometers of mineral rights in the Karratha region.

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