In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The closing price of Snow Lake Resources Ltd (NASDAQ: LITM) was $0.81 for the day, up 4.53% from the previous closing price of $0.78. In other words, the price has increased by $4.53 from its previous closing price. On the day, 12.67 million shares were traded. LITM stock price reached its highest trading level at $0.889 during the session, while it also had its lowest trading level at $0.77.
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 2.32 and its Current Ratio is at 2.32. 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 61915080 and an Enterprise Value of 13967243.
Stock Price History:
The Beta on a monthly basis for LITM is 0.72, which has changed by -0.32608694 over the last 52 weeks, in comparison to a change of 0.23147523 over the same period for the S&P500. Over the past 52 weeks, LITM has reached a high of $1.88, while it has fallen to a 52-week low of $0.15. The 50-Day Moving Average of the stock is 92.18%, while the 200-Day Moving Average is calculated to be 41.14%.
Shares Statistics:
LITM traded an average of 34.90M shares per day over the past three months and 45249490 shares per day over the past ten days. A total of 28.61M shares are outstanding, with a floating share count of 27.72M. Insiders hold about 3.11% of the company’s shares, while institutions hold 35.26% stake in the company. Shares short for LITM as of 1735603200 were 2235770 with a Short Ratio of 0.06, compared to 1732838400 on 6746. Therefore, it implies a Short% of Shares Outstanding of 2235770 and a Short% of Float of 3.2099999999999995.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
