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ULTXF (Ultra Lithium) Market Cap : $2.02 Mil (As of Dec. 15, 2024)


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What is Ultra Lithium Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Ultra Lithium's share price for the quarter that ended in Jul. 2024 was $0.0099. Ultra Lithium's Shares Outstanding (EOP) for the quarter that ended in Jul. 2024 was 191.10 Mil. Therefore, Ultra Lithium's market cap for the quarter that ended in Jul. 2024 was $1.89 Mil.

Ultra Lithium's quarterly market cap increased from Jan. 2024 ($2.98 Mil) to Apr. 2024 ($3.36 Mil) but then declined from Apr. 2024 ($3.36 Mil) to Jul. 2024 ($1.89 Mil).

Ultra Lithium's annual market cap declined from Oct. 2021 ($21.22 Mil) to Oct. 2022 ($9.28 Mil) and declined from Oct. 2022 ($9.28 Mil) to Oct. 2023 ($7.64 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Ultra Lithium's Enterprise Value for Today is $2.06 Mil.


Ultra Lithium Market Cap Historical Data

The historical data trend for Ultra Lithium's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ultra Lithium Market Cap Chart

Ultra Lithium Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.75 3.66 21.22 9.28 7.64

Ultra Lithium Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.17 7.64 2.98 3.36 1.89

Competitive Comparison of Ultra Lithium's Market Cap

For the Other Industrial Metals & Mining subindustry, Ultra Lithium's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ultra Lithium's Market Cap Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ultra Lithium's Market Cap distribution charts can be found below:

* The bar in red indicates where Ultra Lithium's Market Cap falls into.



Ultra Lithium Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Ultra Lithium's Market Cap for the fiscal year that ended in Oct. 2023 is calculated as

Market Cap (A: Oct. 2023 )=Share Price (A: Oct. 2023 )*Shares Outstanding (EOP) (A: Oct. 2023 )
=$0.04*191.095
=$7.64

Ultra Lithium's Market Cap for the quarter that ended in Jul. 2024 is calculated as

Market Cap (Q: Jul. 2024 )=Share Price (Q: Jul. 2024 )*Shares Outstanding (EOP) (Q: Jul. 2024 )
=$0.0099*191.095
=$1.89

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ultra Lithium  (OTCPK:ULTXF) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Ultra Lithium Market Cap Related Terms

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Ultra Lithium Business Description

Traded in Other Exchanges
Address
2735 Carolina Street, Vancouver, BC, CAN, V5T 3T3
Ultra Lithium Inc is engaged in the acquisition, exploration, and evaluation of assets. The properties in which the company currently has an interest are in the exploration stage. The geographical segments of the group are Canada, the United States, and Argentina. Some of its properties are Georgia Lake, Forgan Lake, Antofagasta, and La Rioja, among others.