United Lithium (OTCMKTS:ULTHF) Shares Down 8% – Here’s Why

United Lithium Corp. (OTCMKTS:ULTHFGet Free Report) shares traded down 8% during trading on Thursday . The stock traded as low as $0.2170 and last traded at $0.2236. 26,935 shares traded hands during mid-day trading, a decline of 35% from the average session volume of 41,589 shares. The stock had previously closed at $0.2431.

United Lithium Trading Down 8.0%

The business’s fifty day simple moving average is $0.22 and its 200-day simple moving average is $0.18.

United Lithium Company Profile

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United Lithium Corp. (OTCMKTS:ULTHF) is a mineral exploration company focused on identifying, acquiring and advancing lithium-bearing pegmatite deposits in Canada. Headquartered in Vancouver, British Columbia, the company’s primary objective is to develop strategically located lithium projects that can serve the growing demand for battery-grade lithium in North America’s electric vehicle and energy storage markets.

The company holds a 100% interest in several exploration projects across Ontario’s Kenora and Red Lake mining districts.

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