United Lithium Corp.

United Lithium Corp.verified

ULTHF

Price:

$0.166

Market Cap:

$11.02M

United Lithium Corp. engages in the acquisition, exploration, and evaluation of natural resource properties. It explores for lithium deposits. The company holds 100% interest in the Bergby Lithium Project, located in Sweden. It also holds an option to acquire a 100% interest in the Barbara Lake property comprising 56 mining cell claims that covers an area of approximately 2,147 hectares land in the Barbara Lake Area of the Thunder Bay Mining District, Ontario, Canada. The company was formerly known as to United Battery Metals Corp. and changed its name to United Lithium Corp. United Lithium Corp. was incorporated in 2017 and is headquartered in Vancouver, Canada.[Read more]

Industry

Industrial Materials

IPO Date

2021-01-08

Stock Exchange

PNK

Ticker

ULTHF

The Current Ratio as of November 2024 (TTM) for United Lithium Corp. (ULTHF) is 8.07

According to United Lithium Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 8.07. This represents a change of -12.81% compared to the average of 9.26 of the last 4 quarters.

United Lithium Corp. (ULTHF) Historical Current Ratio (quarterly & annually)

How has ULTHF Current Ratio performed in the past?

The mean historical Current Ratio of United Lithium Corp. over the last ten years is 10.68. The current 8.07 Current Ratio has changed 7.46% with respect to the historical average. Over the past ten years (40 quarters), ULTHF's Current Ratio was at its highest in in the October 2017 quarter at 45.55. The Current Ratio was at its lowest in in the July 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

10.68

Median

4.43

Minimum

0.29

Maximum

36.12

United Lithium Corp. (ULTHF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of United 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 = 4.73%

Maximum Annual Current Ratio = 36.12

Minimum Annual Increase = -93.63%

Minimum Annual Current Ratio = 0.29

Quarterly (TTM)
Annual
YearCurrent RatioChange
202313.92214.02%
20224.43-67.89%
202113.814.73%
20200.29-92.59%
20193.8667.59%
20182.30-93.63%

United Lithium Corp. (ULTHF) Average Current Ratio

How has ULTHF Current Ratio performed in the past?

The current Current Ratio of United Lithium Corp. (ULTHF) is less than than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

10.72

5-year avg

7.26

10-year avg

10.68

United Lithium Corp. (ULTHF) Current Ratio vs. Peers

How is ULTHF’s Current Ratio compared to its peers?

United Lithium Corp.’s Current Ratio is greater than Alpha Lithium Corporation (3.47), greater than Alpha Copper Corp. (0.09), greater than Reflex Advanced Materials Corp. (0.32), greater than Global Helium Corp. (0.27), greater than Zinc One Resources Inc. (0.02), greater than Ridgestone Mining Inc. (0.45), greater than Skyharbour Resources Ltd. (4.38), less than American Rare Earths Limited (0), less than Scotch Creek Ventures Inc. (24.78), greater than Ameriwest Lithium Inc. (0.22), less than American Lithium Corp. (0), greater than Atlantic Lithium Limited (0.40), greater than Standard Lithium Ltd. (4.22), greater than null (3.58), greater than null (3.30),

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