Financial Metrics Unveiled: Snow Lake Resources Ltd (LITM)’s Key Ratios in the Spotlight

Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.

The price of Snow Lake Resources Ltd (NASDAQ: LITM) closed at $3.88 in the last session, down -12.42% from day before closing price of $4.43. In other words, the price has decreased by -$12.42 from its previous closing price. On the day, 0.54 million shares were traded. LITM stock price reached its highest trading level at $4.4645 during the session, while it also had its lowest trading level at $3.8.

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 2.69 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:

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 30354638 and an Enterprise Value of -5573245.

Stock Price History:

The Beta on a monthly basis for LITM is 0.55, which has changed by -0.48363054 over the last 52 weeks, in comparison to a change of 0.15366066 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 0.82%, while the 200-Day Moving Average is calculated to be -31.11%.

Shares Statistics:

According to the various share statistics, LITM traded on average about 755.72K shares per day over the past 3-months and 568610 shares per day over the past 10 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 1.99% stake in the company. Shares short for LITM as of 1752537600 were 334780 with a Short Ratio of 0.44, compared to 1749772800 on 640995. Therefore, it implies a Short% of Shares Outstanding of 334780 and a Short% of Float of 4.5900002.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Leave a Reply

Your email address will not be published. Required fields are marked *

DWinneX
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.