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 ROE as of February 2026 (TTM) for Nova Lithium Corp. (NVLI.CN) is -101.90%

According to Nova Lithium Corp.’s latest financial reports and current stock price. The company's current ROE is -101.90%. This represents a change of -165.99% compared to the average of 154.42% of the last 4 quarters.

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

How has NVLI.CN ROE performed in the past?

The mean historical ROE of Nova Lithium Corp. over the last ten years is -1.54%. The current -101.90% ROE has changed 6.53% with respect to the historical average. Over the past ten years (40 quarters), NVLI.CN's ROE was at its highest in in the June 2024 quarter at 523.14%. The ROE was at its lowest in in the March 2025 quarter at -43.16%.

Quarterly (TTM)
Annual

Average

-1.54%

Median

-23.43%

Minimum

-48.35%

Maximum

88.53%

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

Discovering the peaks and valleys of Nova Lithium Corp. 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 = 106.39%

Maximum Annual ROE = 88.53%

Minimum Annual Increase = -127.59%

Minimum Annual ROE = -48.35%

Quarterly (TTM)
Annual
YearROEChange
20240%-100.00%
2023-48.35%106.39%
2022-23.43%-4.09%
2021-24.43%-127.59%

Nova Lithium Corp. (NVLI.CN) Average ROE

How has NVLI.CN ROE performed in the past?

The current ROE 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

-23.93%

5-year avg

-1.54%

10-year avg

-1.54%

Nova Lithium Corp. (NVLI.CN) ROE vs. Peers

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

Nova Lithium Corp.’s ROE is greater than Metallica Metals Corp. (-147.54%), greater than Gratomic Inc. (-23.61%), greater than Interra Copper Corp. (-149.58%), less than Euromax Resources Ltd. (144.40%), greater than Optimum Ventures Ltd. (-57.33%), greater than MGX Minerals Inc. (-593.64%), greater than Seahawk Gold Corp. (-5.43%), greater than Cover Technologies Inc. (-3574.11%), greater than Straightup Resources Inc. (-1238.48%), greater than Big Red Mining Corp. (-147.03%),

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