Novo Resources (NSRPF) has endured a significant fall from grace since 2017, with its share price plunging from $8.80 to $2.20 most recently on the Canadian Market. At its highs, the company was valued at nearly $1 billion and was priced for perfection three times over. Currently, the stock is still above fair valuation and remains a little pricy considering their resource sub-1-million ounce global gold resources. While the majority of juniors are lucky to fetch $100/oz US on an enterprise valuation per ounce basis, Novo's ounces are valued at $322/oz currently. This