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Company price
0.035 CAD 0.00(0%)
Last update at 2026-11-03T14:30:00Z
Market Cap
5.06M
P/E
5.50

Momentum Score

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Usha Resources Ltd., a mineral acquisition and exploration company, focuses on the development of battery and precious metal properties. The company explores for gold, copper, lithium, and precious metals. Its flagship project is the White Willow Lithium Pegmatite, a lithium project that consists of 712 unpatented mining claims covering an area of 15,510 hectares located in the Thunder Bay Mining Division near Atikokan, Ontario. Usha Resources Ltd. was incorporated in 2018 and is headquartered in Vancouver, Canada.

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Day Price Range
0.04
Low
0.04
High
52 Week Price Range
0.03
Low
0.07
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Usha Resources Ltd (USHA.V) is listed on the TSX Venture Exchange; publicly available filings provide limited clarity on its operations and asset base. Long-term growth drivers would depend on any disclosed projects, management execution and access to capital, which may benefit investors if milestones are met.

Material risks include small-cap illiquidity, difficulty securing financing and execution risk if project development proceeds.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.04
Dividend Yield
-
Revenue TTM
0.00M
Revenue Per Share
-
Gross Profit TTM
0.08M
Debt / Equity
-
ROE
-24.94%
Net Debt
-
ROCE
-11.25%
Diluted EPS TTM
0.01

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Income before tax -0.16M -3.43M -2.98M -0.94M -0.47M
Net income -0.16M -3.43M -2.98M -0.94M -0.47M
Selling general administrative 0.81M 2.82M 2.43M 1.01M 0.42M
Ebit - - -2.02M -0.97M -0.42M
Ebitda - - -2.96M -1.01M -0.47M
Operating income -0.98M -3.16M -2.96M -1.01M -0.47M
Interest expense - - - 0.00M 0.00M
Interest income 0.05M 0.06M 0.02M 0.00M 0.00M
Net interest income 0.05M 0.06M 0.02M 0.00M 0.00M
Total revenue 0.00M 0.00M 0.00M 0.00M 0.00M
Total operating expenses 0.98M 3.16M 2.96M 1.01M 0.47M
Total other income expense net 0.77M -0.33M -0.03M 0.07M -0.00M
Net income from continuing ops -0.16M -3.43M -2.98M -0.94M -0.47M
Net income applicable to common shares - - - -0.94M -0.47M
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Total assets 8.94M 5.67M 6.94M 2.39M 1.20M
Total liab 0.24M 0.44M 0.10M 0.09M 0.10M
Total stockholder equity 8.71M 5.24M 6.84M 2.30M 1.10M
Other current liab - 0.03M - - 0.07M
Common stock - - - 3.66M 1.73M
Capital stock 15.42M 11.94M 10.90M 3.66M 1.73M
Retained earnings -7.73M -7.76M -4.59M -1.69M -0.75M
Cash 0.53M 1.15M 2.54M 1.17M 0.22M
Total current liabilities 0.24M 0.44M 0.10M 0.09M 0.10M
Other stockholder equity - - 0.53M 0.33M 0.12M
Property plant equipment - - 3.70M 0.99M 0.94M
Total current assets 0.75M 1.54M 3.24M 1.40M 0.26M
Long term investments 0.77M 0.10M - - -
Net tangible assets - - - 2.30M 1.10M
Net receivables 0.15M 0.24M 0.01M 0.02M 0.02M
Accounts payable - 0.31M 0.10M 0.07M 0.02M
Non current assets total 8.19M 4.13M 3.70M 0.99M 0.94M
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Type yearly yearly yearly yearly yearly
Date 2025-03-31 2024-03-31 2023-03-31 2022-03-31 2021-03-31
Investments -1.09M -1.15M -1.42M -0.05M -0.48M
Change to liabilities - - 0.00M 0.06M 0.02M
Total cashflows from investing activities - - - -0.05M -0.48M
Total cash from financing activities 1.16M 1.43M 5.88M 1.98M 0.67M
Change to operating activities - - - -0.19M -0.02M
Net income -0.16M -3.43M -2.98M -0.94M -0.47M
Change in cash -0.62M -1.39M 1.37M 0.95M -0.21M
Begin period cash flow 1.15M 2.54M 1.17M 0.22M 0.43M
End period cash flow 0.53M 1.15M 2.54M 1.17M 0.22M
Total cash from operating activities -0.70M -1.67M -3.10M -0.98M -0.39M
Issuance of capital stock 1.20M 1.45M 6.14M 1.99M 0.67M
Change to account receivables 0.09M -0.21M 0.01M -0.00M -0.02M
Other cashflows from financing activities - - -0.25M -0.05M -0.00M
Change to netincome - - - 0.10M 0.09M
Capital expenditures 1.09M 1.15M 1.42M 0.05M 0.48M
Change in working capital -0.00M 0.64M -0.47M -0.13M -0.02M
Stock based compensation 0.24M 0.80M 0.35M 0.16M 0.09M
Other non cash items -0.19M 0.32M - -0.07M -
Free cash flow -1.78M -2.82M -4.51M -1.03M -0.88M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to EBITDA (x)
USHA
Usha Resources Ltd
-
-%
0.04 5.50 - - 0.76 -1.44
SGML
Sigma Lithium Resources Corp
0.23
2.94%
8.04 - 23.09 29.72 42.12 32.66
AFM
Alphamin Res
0.02
1.60%
1.27 8.44 9.43 2.78 3.33 3.85
SLI
Standard Lithium Ltd
0.06
3.14%
1.97 - - 79.52 2.40 5.29
FWZ
Fireweed Zinc Ltd
0.05
2.08%
2.45 - 1250.00 - 26.07 -7.01

Profile*

Usha Resources Ltd

Usha Resources Ltd., a mineral acquisition and exploration company, focuses on the development of battery and precious metal properties. The company explores for gold, copper, lithium, and precious metals. Its flagship project is the White Willow Lithium Pegmatite, a lithium project that consists of 712 unpatented mining claims covering an area of 15,510 hectares located in the Thunder Bay Mining Division near Atikokan, Ontario. Usha Resources Ltd. was incorporated in 2018 and is headquartered in Vancouver, Canada.

1575 Kamloops Street, Vancouver, BC, Canada, V5K 3W1

778 899 1780

Name Title Year Born
Mr. Deepak Varshney P.Geo. CEO, Company Sec. & Director 1989
Mr. Khalid Naeem CPA, CGA Chief Financial Officer NA
Mr. Deepak Varshney P.Geo. CEO, Company Secretary & Director 1989
Mr. Deepak Varshney P.Geo. CEO, Company Secretary & Director 1990

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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