United Lithium Corp. (OTCMKTS:ULTHF – Get Free Report) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 167 shares, a decline of 66.3% from the April 30th total of 496 shares. Based on an average daily volume of 47,081 shares, the short-interest ratio is presently 0.0 days.
United Lithium Stock Down 9.2%
Shares of ULTHF traded down $0.03 during mid-day trading on Friday, hitting $0.25. 24,380 shares of the company’s stock were exchanged, compared to its average volume of 30,514. United Lithium has a 52 week low of $0.07 and a 52 week high of $0.33. The stock’s 50-day simple moving average is $0.19 and its 200-day simple moving average is $0.21.
United Lithium Company Profile
United Lithium Corp. (OTCMKTS:ULTHF) is a mineral exploration company focused on identifying, acquiring and advancing lithium-bearing pegmatite deposits in Canada. Headquartered in Vancouver, British Columbia, the company’s primary objective is to develop strategically located lithium projects that can serve the growing demand for battery-grade lithium in North America’s electric vehicle and energy storage markets.
The company holds a 100% interest in several exploration projects across Ontario’s Kenora and Red Lake mining districts.
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