Ultra Lithium Inc.

Ultra Lithium Inc.verified

ULTXF

Price:

$0.01

Market Cap:

$2.59M

Ultra Lithium Inc., a mineral exploration company, focuses on the development of advanced lithium and gold projects in Argentina, Canada, and the United States. It holds two types of lithium projects and 16 gold mining and exploration licences. The company focuses on Laguna Verde I Brine lithium property and Laguna Verde II Brine lithium property located in Argentina; and 13 gold mining licenses and three gold exploration licences situated in the Chepes area, Argentina, as well as Georgia Lake Pegmatites lithium project and Forgan Lake Pegmatites lithium project located in Ontario, Canada. The company was formerly known as Ultra Resources Inc. and changed its name to Ultra Lithium Inc. in Ja...[Read more]

Industry

Industrial Materials

IPO Date

2010-04-05

Stock Exchange

PNK

Ticker

ULTXF

The Current Ratio as of September 2024 (TTM) for Ultra Lithium Inc. (ULTXF) is 0.15

According to Ultra Lithium Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.15. This represents a change of -42.20% compared to the average of 0.26 of the last 4 quarters.

Ultra Lithium Inc. (ULTXF) Historical Current Ratio (quarterly & annually)

How has ULTXF Current Ratio performed in the past?

The mean historical Current Ratio of Ultra Lithium Inc. over the last ten years is 5.03. The current 0.15 Current Ratio has changed 193.25% with respect to the historical average. Over the past ten years (40 quarters), ULTXF's Current Ratio was at its highest in in the July 2019 quarter at 24.55. The Current Ratio was at its lowest in in the October 2015 quarter at 0.04.

Quarterly (TTM)
Annual

Average

5.03

Median

2.81

Minimum

0.04

Maximum

12.05

Ultra Lithium Inc. (ULTXF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Ultra Lithium Inc. 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 = 3.75%

Maximum Annual Current Ratio = 12.05

Minimum Annual Increase = -99.59%

Minimum Annual Current Ratio = 0.04

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.34-77.75%
20221.55-60.99%
20213.97139.36%
20201.66-86.24%
201912.0523.33%
20189.77-12.03%
201711.113.75%
20160.29634.75%
20150.04-99.59%
20149.53205.41%

Ultra Lithium Inc. (ULTXF) Average Current Ratio

How has ULTXF Current Ratio performed in the past?

The current Current Ratio of Ultra Lithium Inc. (ULTXF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.95

5-year avg

3.91

10-year avg

5.03

Ultra Lithium Inc. (ULTXF) Current Ratio vs. Peers

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

Ultra Lithium Inc.’s Current Ratio is less than International Lithium Corp. (43.32), less than Lithium Chile Inc. (6.46), less than Lynas Rare Earths Limited (4.18), less than Lithium Americas Corp. (20.14), less than Pampa Metals Corporation (6.33), less than Sun Summit Minerals Corp. (12.99), less than Progressive Planet Solutions Inc. (2.52), greater than Zacapa Resources Ltd. (0.10), less than Prospect Ridge Resources Corp. (4.84), greater than Vanadiumcorp Resource Inc. (0.10), less than Nickel Creek Platinum Corp. (1.51), less than Prime Mining Corp. (39.48), less than Canada Nickel Company Inc. (1.31), less than Core Lithium Ltd (2.78), less than Jourdan Resources Inc. (2.04), less than Argentina Lithium & Energy Corp. (0.92), less than Atlantic Lithium Limited (4.37), greater than Century Cobalt Corp. (0), less than HeliosX Lithium & Technologies Corp. (0), less than Lithium Power International Limited (15.40), less than Geomega Resources Inc. (2.17), less than Decade Resources Ltd. (1.49),

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