United Lithium Corp. (OTCMKTS:ULTHF – Get Rating) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 60,100 shares, an increase of 39.4% from the July 15th total of 43,100 shares. Based on an average daily volume of 92,300 shares, the days-to-cover ratio is presently 0.7 days.
United Lithium Stock Performance
Shares of OTCMKTS ULTHF remained flat at $0.23 during midday trading on Friday. 87,828 shares of the stock traded hands, compared to its average volume of 80,360. The company's 50-day moving average price is $0.18 and its two-hundred day moving average price is $0.28. United Lithium has a twelve month low of $0.06 and a twelve month high of $0.84.
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United Lithium Corp. engages in the acquisition, exploration, and evaluation of natural resource properties. It explores for lithium deposits. The company holds 100% interest in the Bergby Lithium Project, located in Sweden. It also holds an option to acquire a 100% interest in the Barbara Lake property comprising 56 mining cell claims that covers an area of approximately 2,147 hectares land in the Barbara Lake Area of the Thunder Bay Mining District, Ontario, Canada.Read More
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