Investor’s Delight: Snow Lake Resources Ltd (LITM) Closes Strong at 4.03, Up 1.51

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The closing price of Snow Lake Resources Ltd (NASDAQ: LITM) was $4.03 for the day, up 1.51% from the previous closing price of $3.97. In other words, the price has increased by $1.51 from its previous closing price. On the day, 0.28 million shares were traded. LITM stock price reached its highest trading level at $4.145 during the session, while it also had its lowest trading level at $3.905.

Ratios:

Our analysis of LITM’s different ratios will help us gain a deeper understanding of the company. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 31528142 and an Enterprise Value of -7101636.

Stock Price History:

The Beta on a monthly basis for LITM is 0.51, which has changed by -0.5507246 over the last 52 weeks, in comparison to a change of 0.12792087 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 4.67%, while the 200-Day Moving Average is calculated to be -28.28%.

Shares Statistics:

LITM traded an average of 709.47K shares per day over the past three months and 274510 shares per day over the past ten 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 2.00% stake in the company. Shares short for LITM as of 1749772800 were 640995 with a Short Ratio of 0.90, compared to 1747267200 on 221013. Therefore, it implies a Short% of Shares Outstanding of 640995 and a Short% of Float of 8.7799996.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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