Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
As of close of business last night, Snow Lake Resources Ltd’s stock clocked out at $2.5, up 0.40% from its previous closing price of $2.49. In other words, the price has increased by $0.40 from its previous closing price. On the day, 0.53 million shares were traded. LITM stock price reached its highest trading level at $2.59 during the session, while it also had its lowest trading level at $2.34.
Ratios:
To gain a deeper understanding of LITM’s stock, we examine its different ratios. 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:
Investing in insider trades can also provide an investor with insight into how management views future 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 45065676 and an Enterprise Value of 2380530.
Stock Price History:
The Beta on a monthly basis for LITM is 0.70, which has changed by 0.006846547 over the last 52 weeks, in comparison to a change of 0.1028198 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 -39.15%, while the 200-Day Moving Average is calculated to be -46.14%.
Shares Statistics:
It appears that LITM traded 1.95M shares on average per day over the past three months and 702680 shares per day over the past ten days. A total of 15.49M shares are outstanding, with a floating share count of 13.47M. Insiders hold about 0.00% of the company’s shares, while institutions hold 3.23% stake in the company. Shares short for LITM as of 1761868800 were 645171 with a Short Ratio of 0.33, compared to 1759190400 on 754358. Therefore, it implies a Short% of Shares Outstanding of 645171 and a Short% of Float of 7.84.
Earnings Estimates
Analysts are recommending an EPS of between -$1.59 and -$1.59 for the fiscal current year, implying an average EPS of -$1.59.
