Nevada Lithium Resources Inc.

Nevada Lithium Resources Inc.verified

NVLH.CN

Price:

$0.175

Market Cap:

$45.40M

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 ROE as of November 2024 (TTM) for Nevada Lithium Resources Inc. (NVLH.CN) is -2.22%

According to Nevada Lithium Resources Inc.’s latest financial reports and current stock price. The company's current ROE is -2.22%. This represents a change of 283.78% compared to the average of -0.58% of the last 4 quarters.

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

How has NVLH.CN ROE performed in the past?

The mean historical ROE of Nevada Lithium Resources Inc. over the last ten years is -12.85%. The current -2.22% ROE has changed -82.69% with respect to the historical average. Over the past ten years (40 quarters), NVLH.CN's ROE was at its highest in in the April 2024 quarter at 2.88%. The ROE was at its lowest in in the October 2021 quarter at -27.13%.

Quarterly (TTM)
Annual

Average

-12.85%

Median

-10.82%

Minimum

-26.95%

Maximum

-2.81%

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

Discovering the peaks and valleys of Nevada Lithium Resources Inc. ROE, 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 = 859.91%

Maximum Annual ROE = -2.81%

Minimum Annual Increase = -61.54%

Minimum Annual ROE = -26.95%

Quarterly (TTM)
Annual
YearROEChange
2024-6.01%-61.54%
2023-15.63%-41.99%
2022-26.95%859.91%

Nevada Lithium Resources Inc. (NVLH.CN) Average ROE

How has NVLH.CN ROE performed in the past?

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

3-year avg

-16.20%

5-year avg

-12.85%

10-year avg

-12.85%

Nevada Lithium Resources Inc. (NVLH.CN) ROE vs. Peers

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

Nevada Lithium Resources Inc.’s ROE is less than Iconic Minerals Ltd. (917.54%), greater than Lithium Ionic Corp. (-580.67%), greater than Ameriwest Lithium Inc. (-82.72%), greater than Argentina Lithium & Energy Corp. (-92.79%), greater than Cruz Battery Metals Corp. (-26.18%),

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