Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Snow Lake Resources Ltd (NASDAQ: LITM) was $4.78 for the day, up 0.31% from the previous closing price of $4.77. In other words, the price has increased by $0.31 from its previous closing price. On the day, 0.66 million shares were traded. LITM stock price reached its highest trading level at $5.2 during the session, while it also had its lowest trading level at $4.77.
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 37434776 and an Enterprise Value of -253269.
Stock Price History:
The Beta on a monthly basis for LITM is 0.53, which has changed by -0.3427198 over the last 52 weeks, in comparison to a change of 0.17774606 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 26.23%, while the 200-Day Moving Average is calculated to be -14.92%.
Shares Statistics:
LITM traded an average of 741.11K shares per day over the past three months and 509620 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 1751241600 were 439831 with a Short Ratio of 0.59, compared to 1748563200 on 1086505. Therefore, it implies a Short% of Shares Outstanding of 439831 and a Short% of Float of 6.02.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
