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After finishing at $3.93 in the prior trading day, Snow Lake Resources Ltd (NASDAQ: LITM) closed at $3.64, down -7.38%. In other words, the price has decreased by -$7.38 from its previous closing price. On the day, 0.56 million shares were traded. LITM stock price reached its highest trading level at $3.95 during the session, while it also had its lowest trading level at $3.61.
Ratios:
Our goal is to gain a better understanding of LITM by taking a closer look at 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.
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 65615624 and an Enterprise Value of 12353441.
Stock Price History:
The Beta on a monthly basis for LITM is 0.57, which has changed by -0.6564685 over the last 52 weeks, in comparison to a change of 0.1726681 over the same period for the S&P500. Over the past 52 weeks, LITM has reached a high of $22.75, while it has fallen to a 52-week low of $2.34. The 50-Day Moving Average of the stock is 8.51%, while the 200-Day Moving Average is calculated to be -10.52%.
Shares Statistics:
The stock has traded on average 1.33M shares per day over the past 3-months and 399820 shares per day over the last 10 days, according to various share statistics. A total of 15.49M shares are outstanding, with a floating share count of 14.47M. Insiders hold about 6.58% of the company’s shares, while institutions hold 3.29% stake in the company. Shares short for LITM as of 1767139200 were 600303 with a Short Ratio of 0.45, compared to 1764288000 on 594349. Therefore, it implies a Short% of Shares Outstanding of 600303 and a Short% of Float of 3.35.
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.
