Ultra Resources Stock Analysis
| ULTXF Stock | USD 0.01 0.01 50.00% |
Ultra Resources holds a debt-to-equity ratio of 0.004. Ultra Resources' financial risk is the risk to Ultra Resources stockholders that is caused by an increase in debt.
Given that Ultra Resources' debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Ultra Resources is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Ultra Resources to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Ultra Resources is said to be less leveraged. If creditors hold a majority of Ultra Resources' assets, the Company is said to be highly leveraged.
Ultra Resources is undervalued with Real Value of 0.0125 and Hype Value of 0.01. The main objective of Ultra Resources pink sheet analysis is to determine its intrinsic value, which is an estimate of what Ultra Resources is worth, separate from its market price. There are two main types of Ultra Resources' stock analysis: fundamental analysis and technical analysis.
The Ultra Resources pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Ultra Resources' ongoing operational relationships across important fundamental and technical indicators.
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Ultra Pink Sheet Analysis Notes
About 38.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 1.76. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Ultra Resources recorded a loss per share of 0.01. The entity last dividend was issued on the 17th of August 2015. The firm had 1:10 split on the 18th of September 2015. Ultra Lithium Inc., a mineral exploration company, focuses on the development of advanced lithium and gold projects in Argentina, Canada, and the United States. Ultra Lithium Inc. was incorporated in 2004 and is headquartered in Vancouver, Canada. Ultra Lithium is traded on OTC Exchange in the United States.The quote for Ultra Resources is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. For more information please call DEng BEng at 778-968-1176 or visit https://www.ultralithium.com.Ultra Resources Investment Alerts
| Ultra Resources is way too risky over 90 days horizon | |
| Ultra Resources has some characteristics of a very speculative penny stock | |
| Ultra Resources appears to be risky and price may revert if volatility continues | |
| Ultra Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (742.65 K) with profit before overhead, payroll, taxes, and interest of 0. | |
| Ultra Resources has accumulated about 9.64 M in cash with (581.76 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 38.0% of the company outstanding shares are owned by insiders |
Ultra Market Capitalization
The company currently falls under 'Micro-Cap' category with a current market capitalization of 12.63 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ultra Resources's market, we take the total number of its shares issued and multiply it by Ultra Resources's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 8th of February, Ultra Resources has the Risk Adjusted Performance of 0.1175, coefficient of variation of 747.98, and Variance of 1427.09. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Ultra Resources, as well as the relationship between them. Please validate Ultra Resources market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Ultra Resources is priced more or less accurately, providing market reflects its prevalent price of 0.01 per share. As Ultra Resources appears to be a penny stock we also recommend to double-check its jensen alpha numbers.Ultra Resources Price Movement Analysis
Illegal number of arguments. The output start index for this execution was zero with a total number of output elements of zero. The Weighted Moving Average calculates a weight for each value in Ultra Resources price series with the more recent values given greater weights.
Ultra Resources Predictive Daily Indicators
Ultra Resources intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Ultra Resources pink sheet daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Rate Of Daily Change | 0.5 | |||
| Day Median Price | 0.01 | |||
| Day Typical Price | 0.01 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
Ultra Resources Forecast Models
Ultra Resources' time-series forecasting models are one of many Ultra Resources' pink sheet analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Ultra Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Ultra Resources Debt to Cash Allocation
Many companies such as Ultra Resources, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
The company has a current ratio of 20.18, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Ultra Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Ultra Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ultra Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ultra to invest in growth at high rates of return. When we think about Ultra Resources' use of debt, we should always consider it together with cash and equity.Ultra Resources Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Ultra Resources' operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Ultra Resources, which in turn will lower the firm's financial flexibility.About Ultra Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Ultra Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Ultra shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Ultra Resources. By using and applying Ultra Pink Sheet analysis, traders can create a robust methodology for identifying Ultra entry and exit points for their positions.
Ultra Lithium Inc., a mineral exploration company, focuses on the development of advanced lithium and gold projects in Argentina, Canada, and the United States. Ultra Lithium Inc. was incorporated in 2004 and is headquartered in Vancouver, Canada. Ultra Lithium is traded on OTC Exchange in the United States.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our pink sheet analysis tools, you can find out how much better you can do when adding Ultra Resources to your portfolios without increasing risk or reducing expected return.Did you try this?
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When running Ultra Resources' price analysis, check to measure Ultra Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ultra Resources is operating at the current time. Most of Ultra Resources' value examination focuses on studying past and present price action to predict the probability of Ultra Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ultra Resources' price. Additionally, you may evaluate how the addition of Ultra Resources to your portfolios can decrease your overall portfolio volatility.
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