The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The price of Snow Lake Resources Ltd (NASDAQ: LITM) closed at $4.01 in the last session, up 4.43% from day before closing price of $3.84. In other words, the price has increased by $4.43 from its previous closing price. On the day, 0.62 million shares were traded. LITM stock price reached its highest trading level at $4.08 during the session, while it also had its lowest trading level at $3.77.
Ratios:
We take a closer look at LITM’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.69 and its Current Ratio is at 2.69. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 30 ’24 when Nova Minerals Limited bought 6,600,000 shares for $1.60 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LITM now has a Market Capitalization of 31371676 and an Enterprise Value of 10947240.
Stock Price History:
The Beta on a monthly basis for LITM is 0.52, which has changed by 0.01134932 over the last 52 weeks, in comparison to a change of 0.19736934 over the same period for the S&P500. Over the past 52 weeks, LITM has reached a high of $24.44, while it has fallen to a 52-week low of $1.98. The 50-Day Moving Average of the stock is -7.52%, while the 200-Day Moving Average is calculated to be -24.59%.
Shares Statistics:
According to the various share statistics, LITM traded on average about 1.82M shares per day over the past 3-months and 1718740 shares per day over the past 10 days. A total of 7.82M shares are outstanding, with a floating share count of 7.82M. Insiders hold about 0.00% of the company’s shares, while institutions hold 5.03% stake in the company. Shares short for LITM as of 1760486400 were 469054 with a Short Ratio of 0.26, compared to 1757894400 on 237619. Therefore, it implies a Short% of Shares Outstanding of 469054 and a Short% of Float of 6.43.
