Novo Resources (TSX:NVO) Other Operating Expense : C$11.24 Mil (TTM As of Mar. 2024)

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What is Novo Resources Other Operating Expense?

Novo Resources's Other Operating Expense for the three months ended in Mar. 2024 was C$3.81 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 was C$11.24 Mil.

Novo Resources's quarterly Other Operating Expense declined from Sep. 2023 (C$7.86 Mil) to Dec. 2023 (C$-8.36 Mil) but then increased from Dec. 2023 (C$-8.36 Mil) to Mar. 2024 (C$3.81 Mil).

Novo Resources's annual Other Operating Expense declined from Dec. 2021 (C$12.59 Mil) to Dec. 2022 (C$-1.67 Mil) but then increased from Dec. 2022 (C$-1.67 Mil) to Dec. 2023 (C$19.21 Mil).

Novo Resources Other Operating Expense Historical Data

The historical data trend for Novo Resources's Other Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Novo Resources Other Operating Expense Chart

Novo Resources Annual Data

Trend

Jan14

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Dec21

Dec22

Dec23

Other Operating Expense

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12.59

-1.67

19.21

Novo Resources Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Other Operating Expense	Get a 7-Day Free Trial															4.91	7.93	7.86	-8.36	3.81

Novo Resources Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$11.24 Mil.

Novo Resources Other Operating Expense Related Terms

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Novo Resources (TSX:NVO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Novo Resources Corp (TSX:NVO) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

NSRPF:USA 1NO:Germany NVO:Australia

Address

1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5

Website

https://www.novoresources.com

Novo Resources Corp is a company engaged in the business of evaluating, acquiring, and exploring natural resource properties with a focus on gold. The organization has business interests in properties located in Australia, Canada, and the USA. Its projects include Beatons Creek Property, Millennium Property, Blue Spec; Paleo-Placer; Comet Well, and others. It has two segments Mining operations and exploration operations.

Executives

Michael Charles Barrett

Director