For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Snow Lake Resources Ltd (NASDAQ: LITM) closed at $0.96 in the last session, up 2.67% from day before closing price of $0.94. In other words, the price has increased by $2.67 from its previous closing price. On the day, 45.44 million shares were traded. LITM stock price reached its highest trading level at $1.1611 during the session, while it also had its lowest trading level at $0.78.
Ratios:
We take a closer look at LITM’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 54486240 and an Enterprise Value of 17011148.
Stock Price History:
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 185.57%, while the 200-Day Moving Average is calculated to be 66.76%.
Shares Statistics:
According to the various share statistics, LITM traded on average about 30.37M shares per day over the past 3-months and 189954970 shares per day over the past 10 days. A total of 28.61M shares are outstanding, with a floating share count of 21.12M. Insiders hold about 26.18% of the company’s shares, while institutions hold 17.78% stake in the company. Shares short for LITM as of 1734048000 were 676290 with a Short Ratio of 0.02, compared to 1731628800 on 304333. Therefore, it implies a Short% of Shares Outstanding of 676290 and a Short% of Float of 3.1.
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.
