Nova Lithium Corp.

Nova Lithium Corp.verified

NVLI.CN

Price:

$0.32

Market Cap:

$6.59M

Nova Lithium Corp., a junior mining company, engages in the acquisition, exploration, and development of lithium brine and lithium clay properties. It holds 100% interest in the Deer Musk West project that comprises 190 mineral claims covering an area of approximately 1550 hectares located in the southern Clayton Valley, Nevada. The company was formerly known as Halcyon Ventures Inc. and changed its name to Nova Lithium Corp. in June 11, 2021. Nova Lithium Corp. was incorporated in 2017 and is headquartered in Vancouver, Canada.

Industry

Industrial Materials

IPO Date

2022-07-20

Stock Exchange

CNQ

Ticker

NVLI.CN

The Current Ratio as of December 2025 (TTM) for Nova Lithium Corp. (NVLI.CN) is 13.52

According to Nova Lithium Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 13.52. This represents a change of 101.61% compared to the average of 6.71 of the last 4 quarters.

Nova Lithium Corp. (NVLI.CN) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Nova Lithium Corp. over the last ten years is 3.99. The current 13.52 Current Ratio has changed 33.82% with respect to the historical average. Over the past ten years (40 quarters), NVLI.CN's Current Ratio was at its highest in in the March 2025 quarter at 13.52. The Current Ratio was at its lowest in in the September 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

3.99

Median

0.67

Minimum

0.18

Maximum

14.21

Nova Lithium Corp. (NVLI.CN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nova 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 = 5.59%

Maximum Annual Current Ratio = 14.21

Minimum Annual Increase = -85.51%

Minimum Annual Current Ratio = 0.18

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.18-72.51%
20230.67-85.51%
20224.62-67.44%
202114.215.59%

Nova Lithium Corp. (NVLI.CN) Average Current Ratio

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

The current Current Ratio of Nova Lithium Corp. (NVLI.CN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.83

5-year avg

3.99

10-year avg

3.99

Nova Lithium Corp. (NVLI.CN) Current Ratio vs. Peers

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

Nova Lithium Corp.’s Current Ratio is greater than Metallica Metals Corp. (1.89), greater than Gratomic Inc. (-0.00), greater than Interra Copper Corp. (2.44), greater than Euromax Resources Ltd. (0.00), greater than Optimum Ventures Ltd. (6.65), greater than MGX Minerals Inc. (0.12), greater than Seahawk Gold Corp. (10.37), greater than Cover Technologies Inc. (0.27), greater than Straightup Resources Inc. (0.15), greater than Big Red Mining Corp. (4.30),

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