United Lithium (TSE:ULTH)
:ULTH
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United Lithium
(ULTH)
Select Model
Select Model
Rating:43Neutral
Price Target:
C$0.26
▼(-1.54% Downside)
Action:ReiteratedDate:03/29/26
The score is driven primarily by weak financial performance (no revenue, ongoing losses and cash burn) partially offset by a low-debt balance sheet. Technicals further pressure the score with a broadly bearish trend despite oversold signals. Valuation contributes little support because earnings are negative and no dividend yield is available.
Positive Factors
Low Leverage / Strong Solvency
Extremely low leverage gives durable solvency and financial flexibility for an exploration-stage company. A negligible debt load reduces bankruptcy and interest-rate risk, enabling management to sequence exploration work and respond to setbacks without immediate refinancing pressure over the next several quarters.
Negative Factors
Pre-revenue Business Model
The company remains pre-revenue, so it lacks commercial cash inflows and is highly dependent on exploration success and external funding. This structural absence of operating revenue creates multi-year execution and commercialization risk and keeps long-term sustainability contingent on resource development outcomes.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage / Strong Solvency
Extremely low leverage gives durable solvency and financial flexibility for an exploration-stage company. A negligible debt load reduces bankruptcy and interest-rate risk, enabling management to sequence exploration work and respond to setbacks without immediate refinancing pressure over the next several quarters.
Read all positive factors
United Lithium (ULTH) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$19.07M
Dividend YieldN/A
Average Volume (3M)89.25K
Price to Earnings (P/E)―
Beta (1Y)1.40
Revenue GrowthN/A
EPS Growth-4.68%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding79,441,055
10 Day Avg. Volume50,669
30 Day Avg. Volume89,251
Financial Highlights & Ratios
PEG Ratio-0.23
Price to Book (P/B)0.53
Price to Sales (P/S)0.00
P/FCF Ratio-36.85
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
United Lithium Business Overview & Revenue Model
Company Description
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 optio...
How the Company Makes Money
Public, company-specific detail on United Lithium’s current revenue model and recurring revenue streams is null. As an exploration-stage company, it is typical for operations to be funded primarily through financing activities (e.g., equity issuan...
United Lithium Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
64
Positive
Cash Flow
32
Negative
| Breakdown | TTM | Oct 2025 | Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -58.61K | -65.39K | -65.39K | -15.97K | -1.75K | ― |
| EBITDA | -2.44M | -2.58M | -2.11M | -11.12M | -5.87M | 0.00 |
| Net Income | -2.50M | -2.67M | -2.20M | -11.13M | -6.28M | -8.68M |
Balance Sheet | ||||||
| Total Assets | 18.82M | 11.17M | 13.18M | 13.18M | 15.77M | 18.84M |
| Cash, Cash Equivalents and Short-Term Investments | 1.35M | 291.20K | 1.27M | 5.01M | 2.30M | 8.34M |
| Total Debt | 45.17K | 68.90K | 109.42K | 138.04K | 0.00 | -2.10K |
| Total Liabilities | 239.25K | 352.64K | 316.98K | 478.61K | 580.76K | 667.34K |
| Stockholders Equity | 18.59M | 10.81M | 12.86M | 12.71M | 15.20M | 18.17M |
Cash Flow | ||||||
| Free Cash Flow | -614.68K | -155.45K | -5.72M | -4.51M | -6.07M | -6.47M |
| Operating Cash Flow | -509.08K | -155.45K | -2.11M | -1.96M | -3.42M | -6.17M |
| Investing Cash Flow | -836.89K | -780.03K | -3.60M | -2.55M | -3.06M | -549.97K |
| Financing Cash Flow | 2.21M | -38.65K | 1.97M | 7.22M | 443.56K | 14.98M |
United Lithium Technical Analysis
Negative
0.26
Price Trends
0.31
Negative
0.29
Negative
0.23
Positive
Market Momentum
-0.01
Negative
42.56
Neutral
41.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:ULTH, the sentiment is Negative. The current price of 0.26 is below the 20-day moving average (MA) of 0.26, below the 50-day MA of 0.31, and above the 200-day MA of 0.23, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 42.56 is Neutral, neither overbought nor oversold. The STOCH value of 41.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:ULTH.
United Lithium Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | C$30.74M | -28.24 | -19.47% | ― | ― | ― | |
51 Neutral | C$6.81M | -721.47 | -1.36% | ― | ― | -136.00% | |
49 Neutral | C$5.45M | -2.34 | 14.14% | ― | ― | ― | |
47 Neutral | C$14.76M | -7.12 | -41.21% | ― | ― | 48.66% | |
45 Neutral | C$11.69M | -2.74 | -26.61% | ― | ― | 76.16% | |
43 Neutral | C$19.07M | -42.75 | -22.36% | ― | ― | -4.68% |
* Basic Materials Sector Average
TSE:ULTH
United Lithium
0.24
0.11
92.00%
TSE:ILI
Imagine Lithium Inc
0.02
0.00
0.00%
TSE:ILC
International Lithium
0.02
<0.01
33.33%
TSE:LIT
Argentina Lithium & Energy
0.09
<0.01
6.25%
TSE:NRM
Noram Lithium Corp
0.17
0.06
50.00%
TSE:SRA
Stria Lithium
0.78
0.62
372.73%
United Lithium Corporate Events
Business Operations and StrategyRegulatory Filings and Compliance
United Lithium Files First NI 43-101 Report on Swedish Duobblon Uranium Project
Positive
Mar 10, 2026
United Lithium has filed an independent NI 43-101 technical report for its 100%-owned Duobblon uranium project in northern Sweden, marking the first compliant documentation since the country lifted its ban on uranium exploration and mining in 2026...
Business Operations and StrategyExecutive/Board ChangesM&A Transactions
United Lithium Expands Nordic Platform With Swedish Minerals Acquisition
Positive
Jan 26, 2026
United Lithium has acquired all the shares of Swedish Minerals AB for approximately $3.6 million, significantly broadening its Nordic footprint by adding a large uranium and rare earth element exploration portfolio in Finland and Sweden to its exi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.