United Lithium (ULTHF) (ULTH.CN) Goes Up On Huge Volume Amid Recent News

The age of lithium miners is heading to its peak while another company focusing on exploration and acquisition of mineral properties shows up welcoming a new member to its board of directors.

United Lithium managed to pop over 17% in both stocks OTC: ULTHF and ULTH.CN after the announcement on Monday. The very exciting part comes from the volume which could reach 1,637,312 shares in the OTC market and 2,425,771 shares in the Canadian securities exchange.

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Operating in Chile and Canada lets United Lithium search for the trending minerals like gold, silver, palladium, platinum, and lithium as well. Right now EV boom pushes all the mining firms to provide lithium minerals in thousand of tonnes to battery makers. So, a golden opportunity is obviously available for the United Lithium too.

Jack Dawkins

Finance and Tech Contributor