TSX-V

Nevada Lithium Resources Inc.

NVLH.V•Basic Materials•Other Industrial Metals & Mining
Current Price
$0.04
Today's Change
+0.00%
Market Cap
$11.73M
Volume
49.00K
⛏️

Commodity Exposure

Diversified Mining

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Industry Context

Diversified miners balance commodity exposure. Operating margins vary significantly by commodity mix.

💡 Quick Take

Nevada Lithium Resources Inc. focuses on acquiring, exploring, and developing lithium mineral properties in the U.S. and Canada. Strengths include a strong liquidity position with a current ratio of 4.68 and no debt, indicating financial stability. However, the company faces concerns with negative ROE and ROA of -5.2%, suggesting inefficiencies in generating returns. The low share price of $0.04 and market cap of $11.73M may reflect investor caution despite its potential in the growing lithium market. Overall, while the company has solid liquidity, its profitability metrics raise red flags.

Based on 20 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.22
52 Week Low$0.04
Avg Volume42.99K
Beta1.53
Shares Outstanding260.75M

🔥 Valuation

Market Cap$11.73M
Enterprise Value$12.12M
P/E RatioN/A
EV/EBITDA ⚠️N/A
Dividend Yield0.00%

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🚩 Red Flags

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Significant Losses

Company posted a loss of $-2.3M over the last year, representing Infinity% of revenue.

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Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $2.0M over the last year.

🌟 Opportunities

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Debt-free balance sheet with a solid cash position, providing significant financial flexibility.

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Excellent liquidity with current ratio of 4.7x ensures operational stability.

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