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1 Comment
Ultra Resources Inc is currently in a long term uptrend where the price is trading 37.7% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Ultra Resources Inc's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has dropped by 29.6% to $-130K since the same quarter in the previous year.
Finally, its free cash flow grew by 71.5% to $-99K since the same quarter in the previous year.
Based on the above factors, Ultra Resources Inc gets an overall score of 3/5.
ISIN | None |
---|---|
Sector | Basic Materials |
Industry | Other Industrial Metals & Mining |
Exchange | F |
CurrencyCode | EUR |
Beta | 2.72 |
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Market Cap | 24M |
PE Ratio | None |
Target Price | None |
Dividend Yield | None |
Ultra Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of lithium, gold, and copper properties. It holds 100% interest in 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; and the Forgan Lake lithium property that comprises 16 units covering an area of 256 hectares of land located in the Thunder Bay Mining district in Northwestern Ontario. The company also holds three gold exploration licenses and thirteen gold mining licenses totaling over 30,000 acres located in La Rioja Province, Argentina, as well as holds claims staked in Archivarca, Argentina. In addition, it has an option to acquire 100% interest in the Laguna Verde Brine lithium properties covering an area of 7,569 hectares located in the north of Salar de Antofalla. The company was formerly known as Ultra Lithium Inc. and changed its name to Ultra Resources Inc. in November 2019. Ultra Resources Inc. was founded in 2004 and is based in Vancouver, Canada.
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