Nevada Lithium Resources Inc.

Nevada Lithium Resources Inc.verified

NVLH.CN

Price:

$0.1

Market Cap:

$25.94M

Nevada Lithium Resources Inc., a mineral exploration company, engages in acquiring, exploring, evaluating, and developing lithium resource properties. It has option to acquire a 50% interest in the Bonnie Claire project located in the Nye County, Nevada. The company was formerly known as Hermes Acquisition Corp. and changed its name to Nevada Lithium Resources Inc. in March 2021. Nevada Lithium Resources Inc. was incorporated in 2020 and is based in Vancouver, Canada.[Read more]

Industry

Industrial Materials

IPO Date

2021-09-30

Stock Exchange

CNQ

Ticker

NVLH.CN

The Current Ratio as of September 2024 (TTM) for Nevada Lithium Resources Inc. (NVLH.CN) is 2.53

According to Nevada Lithium Resources Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 2.53. This represents a change of -54.80% compared to the average of 5.59 of the last 4 quarters.

Nevada Lithium Resources Inc. (NVLH.CN) Historical Current Ratio (quarterly & annually)

How has NVLH.CN Current Ratio performed in the past?

The mean historical Current Ratio of Nevada Lithium Resources Inc. over the last ten years is 5.15. The current 2.53 Current Ratio has changed 4.80% with respect to the historical average. Over the past ten years (40 quarters), NVLH.CN's Current Ratio was at its highest in in the October 2021 quarter at 38.03. The Current Ratio was at its lowest in in the October 2022 quarter at 0.08.

Quarterly (TTM)
Annual

Average

5.15

Median

1.66

Minimum

0.47

Maximum

16.81

Nevada Lithium Resources Inc. (NVLH.CN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nevada Lithium Resources Inc. 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 = 220.03%

Maximum Annual Current Ratio = 16.81

Minimum Annual Increase = -97.22%

Minimum Annual Current Ratio = 0.47

Quarterly (TTM)
Annual
YearCurrent RatioChange
20242.53220.03%
20230.7968.81%
20220.47-97.22%

Nevada Lithium Resources Inc. (NVLH.CN) Average Current Ratio

How has NVLH.CN Current Ratio performed in the past?

The current Current Ratio of Nevada Lithium Resources Inc. (NVLH.CN) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.26

5-year avg

5.15

10-year avg

5.15

Nevada Lithium Resources Inc. (NVLH.CN) Current Ratio vs. Peers

How is NVLH.CN’s Current Ratio compared to its peers?

Nevada Lithium Resources Inc.’s Current Ratio is greater than Iconic Minerals Ltd. (0.83), greater than Lithium Ionic Corp. (1.38), greater than Ameriwest Lithium Inc. (0.24), less than Argentina Lithium & Energy Corp. (30.57), less than Cruz Battery Metals Corp. (5.80),

Build a custom stock screener for Nevada Lithium Resources Inc. (NVLH.CN) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Nevada Lithium Resources Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Nevada Lithium Resources Inc. (NVLH.CN) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Nevada Lithium Resources Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Nevada Lithium Resources Inc.'s Current Ratio?

How is the Current Ratio calculated for Nevada Lithium Resources Inc. (NVLH.CN)?

What is the highest Current Ratio for Nevada Lithium Resources Inc. (NVLH.CN)?

What is the 3-year average Current Ratio for Nevada Lithium Resources Inc. (NVLH.CN)?

What is the 5-year average Current Ratio for Nevada Lithium Resources Inc. (NVLH.CN)?

How does the current Current Ratio for Nevada Lithium Resources Inc. (NVLH.CN) compare to its historical average?