Ultra Resources (ULT) AI Stock Analysis

• Market Cap: C$4.78M
• Dividend Yield: N/A
• Average Volume (3M): 54.28K
• Price to Earnings (P/E): ―
• Beta (1Y): 6.06
• Revenue Growth: N/A
• EPS Growth: -123.85%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): >-0.01
• Shares Outstanding: 191,095,350
• 10 Day Avg. Volume: 81,429
• 30 Day Avg. Volume: 54,285
• PEG Ratio: -0.01
• Price to Book (P/B): 0.44
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -4.59
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 32 Underperform
• Price Target: ―

Ultra Resources faces significant financial challenges with no revenue and ongoing losses, resulting in a low financial performance score. The technical analysis shows a bearish trend, with weak market momentum. Valuation metrics further indicate financial instability. The lack of earnings call data and corporate events does not impact the overall assessment. The company must address its financial weaknesses to improve investor confidence.

Positive Factors

Diversified Revenue Streams

The company's diversified revenue streams from oil, gas, and renewable energy projects provide a robust foundation for long-term growth and resilience against market fluctuations.

Low Debt Levels

Maintaining low debt levels provides Ultra Resources with greater financial flexibility and reduces the risk of financial distress, supporting long-term stability.

Strategic Partnerships

Partnerships with energy firms and tech providers strengthen Ultra Resources' market position and operational efficiency, fostering sustainable growth.

Negative Factors

Lack of Revenue

The absence of revenue indicates severe operational challenges, undermining the company's ability to sustain its business model and impacting long-term viability.

Declining Equity

A decline in equity coupled with rising liabilities suggests deteriorating financial health, posing risks to long-term sustainability and investor confidence.

Negative Cash Flow

Persistent negative cash flow highlights ongoing financial strain, limiting the company's ability to invest in growth opportunities and maintain operations.

Ultra Resources Business Overview & Revenue Model

Company Description

Ultra Lithium Inc., a mineral exploration company, focuses on the development of advanced lithium and gold projects in Argentina, Canada, and the United States. It holds two types of lithium projects and 16 gold mining and exploration licences. The company focuses on Laguna Verde I Brine lithium property and Laguna Verde II Brine lithium property located in Argentina; and 13 gold mining licenses and three gold exploration licences situated in the Chepes area, Argentina, as well as Georgia Lake Pegmatites lithium project and Forgan Lake Pegmatites lithium project located in Ontario, Canada. The company was formerly known as Ultra Resources Inc. and changed its name to Ultra Lithium Inc. in January 2022. Ultra Lithium Inc. was incorporated in 2004 and is headquartered in Vancouver, Canada.

How the Company Makes Money

Ultra Resources generates revenue through multiple streams, primarily from the sale of extracted natural resources such as oil and natural gas to refineries and distributors. The company also earns income by providing transportation services through its pipeline network, which facilitates the movement of these resources from production sites to processing facilities. Additionally, Ultra Resources invests in renewable energy projects, generating revenue from the sale of electricity and green energy credits. Strategic partnerships with other energy firms and technology providers enhance their operational capabilities and market reach, contributing to the company's earnings.

Ultra Resources Financial Statement Overview

Summary

Ultra Resources is facing significant financial challenges, reflected in its lack of revenue, persistent losses, and negative cash flow. While the company maintains low debt levels, its financial stability is compromised by declining equity and increasing liabilities. Immediate strategic changes are necessary to address ongoing cash burn and improve revenue generation.

Income Statement

Ultra Resources has reported zero total revenue consistently over the TTM and previous years, indicating no sales activity. The company shows negative EBIT and net income, reflecting ongoing losses. The lack of revenue growth and persistent losses severely impact the financial health of the company.

Balance Sheet

The company has a relatively low debt-to-equity ratio due to minimal debt levels. However, the declining stockholders' equity and increased liabilities over the years indicate weakening financial stability. The equity ratio remains moderate but shows a downward trend, reflecting potential risks.

Cash Flow

Ultra Resources has consistently negative operating and free cash flow, showcasing significant cash burn. The lack of revenue and high capital expenditures contribute to the negative cash flow position, with no sign of improvement in free cash flow growth.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	0.00	0.00	0.00	0.00	0.00	-3.25K
EBITDA	-2.96M	-1.07M	-1.10M	-1.63M	-682.64K	-460.79K
Net Income	-4.65M	-4.27M	-2.62M	-1.71M	-742.65K	-469.03K
Balance Sheet
Total Assets	8.94M	9.76M	15.93M	18.41M	3.17M	2.38M
Cash, Cash Equivalents and Short-Term Investments	157.51K	298.40K	466.74K	8.96M	483.88K	130.06K
Total Debt	439.62K	1.23M	1.31M	0.00	0.00	0.00
Total Liabilities	3.31M	3.27M	5.20M	6.38M	140.32K	98.14K
Stockholders Equity	5.63M	6.48M	10.73M	12.03M	3.03M	2.28M
Cash Flow
Free Cash Flow	-176.85K	-624.30K	-5.54M	-6.32M	-1.00M	-835.55K
Operating Cash Flow	-298.31K	-364.42K	-963.51K	-1.28M	-581.76K	-480.94K
Investing Cash Flow	308.36K	19.65K	-9.58M	-43.77K	-371.48K	-354.61K
Financing Cash Flow	62.81K	181.94K	2.05M	9.77M	1.35M	-3.86K

Ultra Resources Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ULT, the sentiment is Positive. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, above the 50-day MA of 0.02, and above the 200-day MA of 0.02, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 51.86 is Neutral, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:ULT.

Ultra Resources Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
CBLT	50 Neutral	C$3.86M	-30.00	―	―	―	-230.00%
BOLT	49 Neutral	C$4.74M	-0.24	-185.17%	―	―	36.64%
VRB	45 Neutral	C$2.75M	-4.43	-4.76%	―	―	84.01%
ULT	32 Underperform	C$4.78M	-0.82	-58.50%	―	―	-123.85%
CPL	27 Underperform	C$8.13M	-10.42	-55.49%	―	―	62.50%