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NVLHF (Nevada Lithium Resources) 3-Year RORE % : 0.00% (As of Jul. 2024)


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What is Nevada Lithium Resources 3-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Nevada Lithium Resources's 3-Year RORE % for the quarter that ended in Jul. 2024 was 0.00%.

The industry rank for Nevada Lithium Resources's 3-Year RORE % or its related term are showing as below:

NVLHF's 3-Year RORE % is not ranked *
in the Metals & Mining industry.
Industry Median: -10.34
* Ranked among companies with meaningful 3-Year RORE % only.

Nevada Lithium Resources 3-Year RORE % Historical Data

The historical data trend for Nevada Lithium Resources's 3-Year RORE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nevada Lithium Resources 3-Year RORE % Chart

Nevada Lithium Resources Annual Data
Trend Apr21 Apr22 Apr23 Apr24
3-Year RORE %
- - - -

Nevada Lithium Resources Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
3-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Nevada Lithium Resources's 3-Year RORE %

For the Other Industrial Metals & Mining subindustry, Nevada Lithium Resources's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nevada Lithium Resources's 3-Year RORE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nevada Lithium Resources's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Nevada Lithium Resources's 3-Year RORE % falls into.



Nevada Lithium Resources 3-Year RORE % Calculation

Nevada Lithium Resources's 3-Year RORE % for the quarter that ended in Jul. 2024 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( - )/( -0.061-0 )
=/-0.061
=0.00 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Jul. 2024 and 3-year before.


Nevada Lithium Resources  (OTCPK:NVLHF) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Nevada Lithium Resources 3-Year RORE % Related Terms

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Nevada Lithium Resources Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 1500, Royal Centre, Po Box 11117, Vancouver, BC, CAN, V6E 4N7
Nevada Lithium Resources Inc is in the business of the exploration, evaluation, and development of mineral properties. Its project involves the Bonnie Claire Project is located in Nye County.