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Ultra Lithium

TSXV:ULI
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ULI
TSXV
CA$7M
Market Cap
  1. Home
  2. CA
  3. Materials
Company description

Ultra Lithium Inc., an exploration stage company, engages in the acquisition, exploration, and development of lithium properties. The last earnings update was 17 days ago. More info.


Add to Portfolio Compare Print
  • Ultra Lithium has significant price volatility in the past 3 months.
ULI Share Price and Events
7 Day Returns
0%
TSXV:ULI
-0.1%
CA Metals and Mining
0.9%
CA Market
1 Year Returns
-64.3%
TSXV:ULI
-7%
CA Metals and Mining
-0.2%
CA Market
ULI Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ultra Lithium (ULI) 0% 0% -4.8% -64.3% -25.9% -77.8%
CA Metals and Mining -0.1% 2.7% 11.6% -7% 7.6% -24.1%
CA Market 0.9% 2.2% 10.5% -0.2% 15.7% 4.9%
1 Year Return vs Industry and Market
  • ULI underperformed the Metals and Mining industry which returned -7% over the past year.
  • ULI underperformed the Market in Canada which returned -0.2% over the past year.
Price Volatility
ULI
Industry
5yr Volatility vs Market

ULI Value

 Is Ultra Lithium undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Ultra Lithium. This is due to cash flow or dividend data being unavailable. The share price is CA$0.1.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ultra Lithium's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ultra Lithium's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:ULI PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-10-31) in CAD CA$-0.01
TSXV:ULI Share Price ** TSXV (2019-03-15) in CAD CA$0.1
Canada Metals and Mining Industry PE Ratio Median Figure of 115 Publicly-Listed Metals and Mining Companies 13.41x
Canada Market PE Ratio Median Figure of 542 Publicly-Listed Companies 14.84x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ultra Lithium.

TSXV:ULI PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:ULI Share Price ÷ EPS (both in CAD)

= 0.1 ÷ -0.01

-13.46x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ultra Lithium is loss making, we can't compare its value to the CA Metals and Mining industry average.
  • Ultra Lithium is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Ultra Lithium's expected growth come at a high price?
Raw Data
TSXV:ULI PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -13.46x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Canada Metals and Mining Industry PEG Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 0.69x
Canada Market PEG Ratio Median Figure of 251 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Ultra Lithium, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ultra Lithium's assets?
Raw Data
TSXV:ULI PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-10-31) in CAD CA$0.05
TSXV:ULI Share Price * TSXV (2019-03-15) in CAD CA$0.1
Canada Metals and Mining Industry PB Ratio Median Figure of 1,081 Publicly-Listed Metals and Mining Companies 1.45x
Canada Market PB Ratio Median Figure of 2,348 Publicly-Listed Companies 1.57x
TSXV:ULI PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:ULI Share Price ÷ Book Value per Share (both in CAD)

= 0.1 ÷ 0.05

2.18x

* Primary Listing of Ultra Lithium.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ultra Lithium is overvalued based on assets compared to the CA Metals and Mining industry average.
X
Value checks
We assess Ultra Lithium's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Ultra Lithium has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ULI Future Performance

 How is Ultra Lithium expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ultra Lithium has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.4%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ultra Lithium expected to grow at an attractive rate?
  • Unable to compare Ultra Lithium's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Ultra Lithium's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Ultra Lithium's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:ULI Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 33.4%
Canada Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 6.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:ULI Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:ULI Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-10-31 0 -1
2018-07-31 -1 -2
2018-04-30 -1 -2
2018-01-31 -1 -2
2017-10-31 -1 -2
2017-07-31 -1 -1
2017-04-30 0 0
2017-01-31 0 -1
2016-10-31 -1 -1
2016-07-31 -1 -4
2016-04-30 -1 -4
2016-01-31 -1 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Ultra Lithium is high growth as no earnings estimate data is available.
  • Unable to determine if Ultra Lithium is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:ULI Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Ultra Lithium Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:ULI Past Financials Data
Date (Data in CAD Millions) EPS *
2018-10-31 -0.01
2018-07-31 -0.03
2018-04-30 -0.03
2018-01-31 -0.03
2017-10-31 -0.03
2017-07-31 -0.01
2017-04-30 -0.01
2017-01-31 -0.02
2016-10-31 -0.02
2016-07-31 -0.12
2016-04-30 -0.14
2016-01-31 -0.15

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ultra Lithium will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Ultra Lithium's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Ultra Lithium's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Ultra Lithium's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Ultra Lithium's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ultra Lithium has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ULI Past Performance

  How has Ultra Lithium performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ultra Lithium's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ultra Lithium does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Ultra Lithium's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Ultra Lithium's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Ultra Lithium's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ultra Lithium Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:ULI Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-10-31 -0.52 0.61
2018-07-31 -1.95 1.10
2018-04-30 -2.04 1.15
2018-01-31 -1.87 0.96
2017-10-31 -1.96 0.98
2017-07-31 -0.56 0.49
2017-04-30 -0.40 0.43
2017-01-31 -0.84 0.78
2016-10-31 -0.77 0.70
2016-07-31 -4.49 0.70
2016-04-30 -4.29 0.69
2016-01-31 -3.95 0.37
2015-10-31 -4.15 0.51
2015-07-31 -1.14 0.63
2015-04-30 -1.68 0.83
2015-01-31 -1.65 0.85
2014-10-31 -1.47 0.79
2014-07-31 -0.85 0.84
2014-04-30 -0.74 0.85
2014-01-31 -0.96 1.10
2013-10-31 -0.98 1.08
2013-07-31 -1.00 1.07
2013-04-30 -0.87 0.89
2013-01-31 -0.65 0.60
2012-10-31 -0.64 0.57
2012-07-31 -0.55 0.49
2012-04-30 -0.87 0.59

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Ultra Lithium has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Ultra Lithium has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Ultra Lithium improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Ultra Lithium's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ultra Lithium has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ULI Health

 How is Ultra Lithium's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ultra Lithium's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ultra Lithium is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ultra Lithium has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ultra Lithium's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Ultra Lithium has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ultra Lithium Company Filings, last reported 4 months ago.

TSXV:ULI Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-10-31 3.24 0.00 1.27
2018-07-31 3.31 0.00 1.26
2018-04-30 3.41 0.00 1.62
2018-01-31 3.43 0.00 1.88
2017-10-31 2.09 0.00 0.94
2017-07-31 3.19 0.00 1.07
2017-04-30 3.51 0.00 1.34
2017-01-31 3.58 0.00 1.39
2016-10-31 1.90 0.00 0.07
2016-07-31 2.00 0.00 0.37
2016-04-30 2.06 0.00 0.66
2016-01-31 1.62 0.00 0.43
2015-10-31 0.79 0.16 0.02
2015-07-31 4.44 0.00 0.00
2015-04-30 4.32 0.00 0.01
2015-01-31 4.63 0.00 0.20
2014-10-31 4.81 0.00 0.48
2014-07-31 5.05 0.00 0.67
2014-04-30 5.36 0.00 1.39
2014-01-31 5.49 0.00 2.01
2013-10-31 5.01 0.51 2.91
2013-07-31 5.15 0.51 3.65
2013-04-30 5.32 0.00 3.86
2013-01-31 1.09 0.00 0.03
2012-10-31 1.20 0.00 0.21
2012-07-31 0.94 0.00 0.38
2012-04-30 0.62 0.00 0.15
  • Ultra Lithium has no debt.
  • Ultra Lithium has no debt compared to 5 years ago when it was 10.1%.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Ultra Lithium has less than a year of cash runway based on current free cash flow.
  • Ultra Lithium has less than a year of cash runway if free cash flow continues to grow at historical rates of 19.4% each year.
X
Financial health checks
We assess Ultra Lithium's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ultra Lithium has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ULI Dividends

 What is Ultra Lithium's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Ultra Lithium dividends.
If you bought CA$2,000 of Ultra Lithium shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Ultra Lithium's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ultra Lithium's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:ULI Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 28 Stocks 1.2%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.6%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.6%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Ultra Lithium has not reported any payouts.
  • Unable to verify if Ultra Lithium's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ultra Lithium's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ultra Lithium has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Ultra Lithium's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ultra Lithium afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ultra Lithium has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ULI Management

 What is the CEO of Ultra Lithium's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Weiguo Lang
COMPENSATION CA$242,569
AGE 59
TENURE AS CEO 3.8 years
CEO Bio

Dr. Weiguo Lang has over 20 years of experience in the mining, technology and agriculture sectors, with a focus on building strategic alliances, joint ventures and financing. Dr. Lang serves as Chief Executive Officer at Ultra Lithium Inc. since June 10, 2015 and serves as its Director since June 10, 2015. He served as President at Ultra Lithium Inc since 2016 until 2017. He serves as an Executive Director of Hong Kong Stock Exchange listed company, Zhongsheng Resources Holdings Limited (Symbol: 2623.HK). Prior to that, he acted as Director for Klondex Mines Ltd., Agro International Inc., Zhongrun (Tianjin) Mining Development Co., Ltd., Vendtek Systems Inc. and Q-Net Technologies, Inc. Dr. Lang received his Bachelor Degree in Engineering from Agriculture University of Heilongjiang, and then obtained his Master’s and Doctorate degrees in Engineering from the University of Saskatchewan, Canada.

CEO Compensation
  • Weiguo's compensation has increased whilst company is loss making.
  • Weiguo's remuneration is higher than average for companies of similar size in Canada.
Management Team Tenure

Average tenure and age of the Ultra Lithium management team in years:

3.8
Average Tenure
59
Average Age
  • The tenure for the Ultra Lithium management team is about average.
Management Team

Weiguo Lang

TITLE
CEO & Director
COMPENSATION
CA$243K
AGE
59
TENURE
3.8 yrs

Kiki Smith

TITLE
Chief Financial Officer
COMPENSATION
CA$97K
TENURE
4 yrs

Afzaal Pirzada

TITLE
Vice President of Exploration
AGE
63
TENURE
2.6 yrs

Gordon Addie

TITLE
Chief Geologist
AGE
56

Max Pinsky

TITLE
Corporate Secretary
AGE
59
Board of Directors

Shaoguo Cao

TITLE
Chairman of the Board
COMPENSATION
CA$18K

Weiguo Lang

TITLE
CEO & Director
COMPENSATION
CA$243K
AGE
59
TENURE
3.8 yrs

Andrew Smith

TITLE
Director
COMPENSATION
CA$30K
AGE
61
TENURE
3.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Ultra Lithium insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
15. Mar 19 Buy Weiguo Lang Individual 15. Mar 19 15. Mar 19 1,000 CA$0.10 CA$95
05. Mar 19 Buy Weiguo Lang Individual 05. Mar 19 05. Mar 19 8,000 CA$0.10 CA$760
28. Feb 19 Buy Weiguo Lang Individual 28. Feb 19 28. Feb 19 2,000 CA$0.10 CA$190
29. Jan 19 Buy Weiguo Lang Individual 28. Jan 19 28. Jan 19 9,500 CA$0.10 CA$903
18. Jan 19 Buy Weiguo Lang Individual 18. Jan 19 18. Jan 19 500 CA$0.10 CA$47
16. Jan 19 Buy Weiguo Lang Individual 16. Jan 19 16. Jan 19 79,000 CA$0.10 CA$7,755
23. Nov 18 Sell Andrew Smith Individual 19. Nov 18 19. Nov 18 -100,000 CA$0.15 CA$-15,000
18. Nov 18 Buy Weiguo Lang Individual 16. Nov 18 16. Nov 18 4,000 CA$0.15 CA$600
19. Nov 18 Buy Weiguo Lang Individual 19. Nov 18 19. Nov 18 96,000 CA$0.15 CA$14,150
02. Nov 18 Buy Weiguo Lang Individual 01. Nov 18 01. Nov 18 11,000 CA$0.16 CA$1,815
29. Oct 18 Buy Weiguo Lang Individual 29. Oct 18 29. Oct 18 10,000 CA$0.17 CA$1,650
26. Oct 18 Buy Weiguo Lang Individual 24. Oct 18 24. Oct 18 20,500 CA$0.17 CA$3,382
16. Oct 18 Buy Weiguo Lang Individual 16. Oct 18 16. Oct 18 8,500 CA$0.17 CA$1,403
12. Oct 18 Buy Weiguo Lang Individual 12. Oct 18 12. Oct 18 13,000 CA$0.17 CA$2,145
11. Oct 18 Buy Weiguo Lang Individual 11. Oct 18 11. Oct 18 44,500 CA$0.17 CA$7,342
10. Oct 18 Buy Weiguo Lang Individual 10. Oct 18 10. Oct 18 8,000 CA$0.17 CA$1,320
25. Sep 18 Buy Weiguo Lang Individual 25. Sep 18 25. Sep 18 14,000 CA$0.16 CA$2,310
17. Jul 18 Buy Kiki Smith Individual 17. Jul 18 17. Jul 18 151,500 CA$0.20 CA$30,300
29. Jun 18 Buy Weiguo Lang Individual 27. Jun 18 27. Jun 18 2,000 CA$0.20 CA$400
22. Jun 18 Buy Weiguo Lang Individual 22. Jun 18 22. Jun 18 45,500 CA$0.20 CA$9,100
21. Jun 18 Buy Weiguo Lang Individual 21. Jun 18 21. Jun 18 7,500 CA$0.20 CA$1,500
20. Jun 18 Buy Weiguo Lang Individual 20. Jun 18 20. Jun 18 11,500 CA$0.20 CA$2,300
19. Jun 18 Buy Weiguo Lang Individual 19. Jun 18 19. Jun 18 2,000 CA$0.20 CA$400
14. Jun 18 Buy Weiguo Lang Individual 13. Jun 18 13. Jun 18 2,000 CA$0.20 CA$400
08. Jun 18 Buy Weiguo Lang Individual 08. Jun 18 08. Jun 18 10,500 CA$0.20 CA$2,100
07. Jun 18 Buy Weiguo Lang Individual 07. Jun 18 07. Jun 18 4,000 CA$0.20 CA$800
06. Jun 18 Buy Weiguo Lang Individual 06. Jun 18 06. Jun 18 8,000 CA$0.22 CA$1,760
05. Jun 18 Buy Weiguo Lang Individual 01. Jun 18 05. Jun 18 42,000 CA$0.23 CA$9,462
04. Jun 18 Buy Weiguo Lang Individual 31. May 18 31. May 18 20,000 CA$0.23 CA$4,600
14. May 18 Buy Weiguo Lang Individual 11. May 18 11. May 18 11,000 CA$0.22 CA$2,420
18. May 18 Buy Weiguo Lang Individual 18. May 18 18. May 18 30,000 CA$0.22 CA$6,600
17. May 18 Buy Weiguo Lang Individual 17. May 18 17. May 18 20,000 CA$0.22 CA$4,500
10. May 18 Buy Weiguo Lang Individual 10. May 18 10. May 18 500 CA$0.22 CA$110
09. May 18 Buy Weiguo Lang Individual 09. May 18 09. May 18 44,500 CA$0.22 CA$9,790
08. May 18 Buy Weiguo Lang Individual 08. May 18 08. May 18 500 CA$0.22 CA$110
07. May 18 Buy Weiguo Lang Individual 07. May 18 07. May 18 33,000 CA$0.22 CA$7,260
04. May 18 Buy Weiguo Lang Individual 04. May 18 04. May 18 10,000 CA$0.22 CA$2,200
03. May 18 Buy Weiguo Lang Individual 02. May 18 02. May 18 500 CA$0.21 CA$103
12. Apr 18 Sell Shaoguo Cao Individual 06. Apr 18 06. Apr 18 -8,000,000 CA$0.33 CA$-2,639,999
12. Apr 18 Buy Shaoguo Cao Individual 06. Apr 18 06. Apr 18 29,000,000 CA$0.33 CA$9,569,996
03. Apr 18 Buy Weiguo Lang Individual 03. Apr 18 03. Apr 18 3,500 CA$0.27 CA$945
29. Mar 18 Buy Weiguo Lang Individual 29. Mar 18 29. Mar 18 500 CA$0.27 CA$135
28. Mar 18 Buy Weiguo Lang Individual 28. Mar 18 28. Mar 18 4,000 CA$0.27 CA$1,080
22. Mar 18 Buy Weiguo Lang Individual 22. Mar 18 22. Mar 18 30,000 CA$0.27 CA$8,100
21. Mar 18 Buy Weiguo Lang Individual 21. Mar 18 21. Mar 18 12,000 CA$0.27 CA$3,240
X
Management checks
We assess Ultra Lithium's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ultra Lithium has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ULI News

Simply Wall St News

Should You Worry About Ultra Lithium Inc's (CVE:ULI) CEO Pay?

Understanding how CEOs are incentivised to run and grow their company is an important aspect of investing in a stock. … Incentives can be in the form of compensation, which should always be structured in a way that promotes value-creation to shareholders. … CEOs leading companies of similar size and profitability

Simply Wall St -

ULI Company Info

Description

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 mineral claims covering approximately 3,000 hectares located within the Lithium Triangle of Argentina, Chile, and Bolivia; the South Big Smoky Valley Brine Lithium project that consists of 659 mineral claims covering 12,500 hectares of land located in Clayton Valley, Nevada; the Georgia Lake property, which comprises 16 mineral claims covering 2,416 hectares of land located in the Thunder Bay Mining Division, Ontario; and the Forgan Lake lithium property, which comprises approximately 256 hectares land in 16 units located in the Thunder Bay mining district in Northwestern Ontario, Canada. The company was formerly known as Jantar Resources Ltd. and changed its name to Ultra Lithium Inc. in September 2009. Ultra Lithium Inc. was founded in 2004 and is headquartered in Vancouver, Canada.

Details
Name: Ultra Lithium Inc
ULI
Exchange: TSXV
Founded: 2004
CA$7,073,931
70,739,314
Website: http://www.ultralithium.com
Address: Ultra Lithium Inc
2735 Carolina Street,
Vancouver,
British Columbia, V5T 3T3,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV ULI Common Shares TSX Venture Exchange CA CAD 21. Mar 2006
OTCPK ULTX.F Common Shares Pink Sheets LLC US USD 21. Mar 2006
DB QFB1 Common Shares Deutsche Boerse AG DE EUR 21. Mar 2006
Number of employees
Current staff
Staff numbers
0
Ultra Lithium employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/17 23:58
End of day share price update: 2019/03/15 00:00
Last earnings filing: 2019/02/28
Last earnings reported: 2018/10/31
Last annual earnings reported: 2018/10/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.