PDT Partners LLC Purchases Shares of 39,951 Nova Minerals Limited $NVAWW

PDT Partners LLC acquired a new position in shares of Nova Minerals Limited (NASDAQ:NVAWW) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 39,951 shares of the company’s stock, valued at approximately $1,244,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Meeder Asset Management Inc. purchased a new position in Nova Minerals in the second quarter valued at $32,000. Allworth Financial LP acquired a new stake in shares of Nova Minerals during the 2nd quarter valued at about $60,000. Great Lakes Advisors LLC purchased a new position in shares of Nova Minerals in the 2nd quarter valued at about $251,000. Northwestern Mutual Wealth Management Co. acquired a new position in Nova Minerals in the 2nd quarter worth about $256,000. Finally, The Manufacturers Life Insurance Company acquired a new position in Nova Minerals in the 2nd quarter worth about $266,000.

Nova Minerals Price Performance

Shares of NVAWW opened at $31.40 on Thursday. Nova Minerals Limited has a 12 month low of $3.40 and a 12 month high of $67.84. The stock’s 50 day moving average is $31.40 and its two-hundred day moving average is $30.82.

Nova Minerals Ltd is an Australia‐based mineral exploration and development company trading on the Nasdaq under the ticker NVAWW and on the Australian Securities Exchange. The company is principally focused on advancing its flagship Estelle Gold Project in Alaska, alongside a portfolio of exploration tenements in one of the world’s most prospective gold regions. Through systematic drilling campaigns and geological mapping, Nova Minerals aims to define and expand a gold resource capable of supporting future feasibility studies.

The Estelle Gold Project covers approximately 98,000 hectares across multiple prospects—including Iceberg, Creek, Gravity, and Jupiter—located about 150 kilometers north of Fairbanks.