Noram Lithium Corp.

Noram Lithium Corp.verified

NRVTF

Price:

$0.0955

Market Cap:

$11.84M

Noram Lithium Corp. engages in the acquisition, exploration, and development of mineral properties in the United States. Its flagship property is the Zeus Lithium project that covers an area of approximately 1,113 hectares located in Clayton Valley, Nevada. The company was formerly known as Noram Ventures Inc. and changed its name to Noram Lithium Corp. in July 2021. Noram Lithium Corp. was incorporated in 2010 and is headquartered in Vancouver, Canada.[Read more]

Industry

Industrial Materials

IPO Date

2021-01-08

Stock Exchange

PNK

Ticker

NRVTF

The Current Ratio as of November 2024 (TTM) for Noram Lithium Corp. (NRVTF) is 4.57

According to Noram Lithium Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 4.57. This represents a change of -31.86% compared to the average of 6.70 of the last 4 quarters.

Noram Lithium Corp. (NRVTF) Historical Current Ratio (quarterly & annually)

How has NRVTF Current Ratio performed in the past?

The mean historical Current Ratio of Noram Lithium Corp. over the last ten years is 4.80. The current 4.57 Current Ratio has changed 9.42% with respect to the historical average. Over the past ten years (40 quarters), NRVTF's Current Ratio was at its highest in in the October 2022 quarter at 29.54. The Current Ratio was at its lowest in in the July 2015 quarter at 0.04.

Quarterly (TTM)
Annual

Average

4.80

Median

2.77

Minimum

0.18

Maximum

20.68

Noram Lithium Corp. (NRVTF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Noram Lithium Corp. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 2.61%

Maximum Annual Current Ratio = 20.68

Minimum Annual Increase = -88.85%

Minimum Annual Current Ratio = 0.18

Quarterly (TTM)
Annual
YearCurrent RatioChange
20247.80-62.28%
202320.68418.84%
20223.99-20.18%
20214.992.61%
20200.18-88.85%
20191.65-51.59%
20183.42163.81%
20171.30-38.77%
20162.1214.72%
20151.8563.60%

Noram Lithium Corp. (NRVTF) Average Current Ratio

How has NRVTF Current Ratio performed in the past?

The current Current Ratio of Noram Lithium Corp. (NRVTF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

10.82

5-year avg

7.53

10-year avg

4.80

Noram Lithium Corp. (NRVTF) Current Ratio vs. Peers

How is NRVTF’s Current Ratio compared to its peers?

Noram Lithium Corp.’s Current Ratio is greater than Anson Resources Limited (3.03), greater than Aurelia Metals Limited (2.02), greater than Morella Corporation Limited (2.62), greater than Australian Vanadium Limited (1.39), greater than Artemis Resources Limited (1.30), greater than Jervois Global Limited (1.33), greater than Patriot Battery Metals Inc. (2.29), less than Critical Elements Lithium Corporation (16.71), greater than Global Li-Ion Graphite Corp. (0.19), greater than ZincX Resources Corp. (0.49), greater than Mundoro Capital Inc. (2.24), greater than Strategic Resources Inc. (1.13), greater than Norra Metals Corp. (0), less than E79 Resources Corp. (99.98),

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