Nevada Lithium Resources Stock Net Asset
| NVLHF Stock | USD 0.14 0.01 7.69% |
Fundamental analysis of Nevada Lithium allows traders to better anticipate movements in Nevada Lithium's stock price by examining its financial health and performance throughout various phases of its business cycle.
Nevada |
Nevada Lithium Resources OTC Stock Net Asset Analysis
Nevada Lithium's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Nevada Lithium Net Asset | 8.81 M |
Most of Nevada Lithium's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nevada Lithium Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Based on the recorded statements, Nevada Lithium Resources has a Net Asset of 8.81 M. This is much higher than that of the Basic Materials sector and significantly higher than that of the Other Industrial Metals & Mining industry. The net asset for all United States stocks is notably lower than that of the firm.
Nevada Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nevada Lithium's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Nevada Lithium could also be used in its relative valuation, which is a method of valuing Nevada Lithium by comparing valuation metrics of similar companies.Nevada Lithium is currently under evaluation in net asset category among its peers.
Nevada Fundamentals
| Current Valuation | 5.7 M | |||
| Shares Outstanding | 61.81 M | |||
| Shares Owned By Insiders | 0.79 % | |||
| Price To Book | 0.93 X | |||
| Market Capitalization | 7.56 M | |||
| Total Asset | 8.81 M | |||
| Net Asset | 8.81 M |
About Nevada Lithium Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nevada Lithium Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nevada Lithium using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nevada Lithium Resources based on its fundamental data. In general, a quantitative approach, as applied to this otc stock, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
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Other Information on Investing in Nevada OTC Stock
Nevada Lithium financial ratios help investors to determine whether Nevada OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nevada with respect to the benefits of owning Nevada Lithium security.