Metrics to compare | NVLH | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipNVLHPeersSector | |
|---|---|---|---|---|
P/E Ratio | −12.2x | −11.3x | 4.2x | |
PEG Ratio | −0.36 | 0.03 | 0.00 | |
Price/Book | 0.5x | 1.5x | 1.6x | |
Price / LTM Sales | - | 210.4x | 1.3x | |
Upside (Analyst Target) | - | 255.4% | 38.4% | |
Fair Value Upside | Unlock | −26.3% | 1.8% | Unlock |
Nevada Lithium Resources Inc. engages in the acquisition, exploration, and development of mineral properties in the United States. The company explores for lithium deposits. Its principal asset is the 100% interest in the Bonnie Claire lithium project, which consists of 915 placer claims covering an area of 18,300 acres located in 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.