Shares of Ultra Lithium Inc (CVE:ULI) hit a new 52-week low during trading on Friday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 16000 shares traded. The stock had previously closed at C$0.09.
The company has a market capitalization of $7.67 million and a price-to-earnings ratio of -5.00. The business has a fifty day moving average price of C$0.08 and a 200 day moving average price of C$0.08.
Ultra Lithium Company Profile (CVE:ULI)
Ultra Lithium Inc, an exploration stage company, engages in the acquisition, exploration, and development of lithium properties. It holds a 100% interest in the La Borita Brine lithium project, which comprises 4 mining claims covering an area of approximately 3,000 hectares located within the Lithium Triangle of Argentina, Chile, and Bolivia; the Georgia Lake lithium pegmatites property consisting of 16 mineral claims covering an area of 2,416 hectares of land located in the Thunder Bay Mining Division, Ontario; the Forgan Lake lithium property that comprise 16 units covering an area of 256 hectares of land located in the Thunder Bay mining district in Northwestern Ontario; and the South Big Smoky Valley Brine lithium project comprising 659 mineral claims covering an area of approximately 12,500 hectares of land located in Esmeralda County, Nevada.
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