Streetbeat News

NVLHF

Nevada Lithium Resources Inc

Open

0.12

Mkt cap

32M

Volume

High

0.12

P/E Ratio

-12.44

52-wk high

0.20

Low

0.12

Div yield

N/A

52-wk low

0.06

Nevada Lithium CEO Stephen Rentschler highlighted a critical supply-demand imbalance in the lithium market, exacerbated by surging demand from the EV sector. The industry needs to increase production from 500,000 tons to 2-3 million tons by 2030. Nevada Lithium's Bonnie Claire project, with recent high-grade lithium findings, is positioned as a key player to address this challenge. The project's economic prospects are promising, with significant leverage to lithium prices.

Portfolio Pulse from Abbey Higginbotham

April 10, 2024 | 7:52 pm

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