Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Snow Lake Resources Ltd (NASDAQ: LITM) was $3.41 for the day, down -9.31% from the previous closing price of $3.76. In other words, the price has decreased by -$9.31 from its previous closing price. On the day, 0.57 million shares were traded.
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.
Stock Price History:
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 -22.31%, while the 200-Day Moving Average is calculated to be -40.10%.
Shares Statistics:
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.
