For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Snow Lake Resources Ltd (NASDAQ: LITM) closed at $0.41 down -8.58% from its previous closing price of $0.45. In other words, the price has decreased by -$8.58 from its previous closing price. On the day, 3.91 million shares were traded. LITM stock price reached its highest trading level at $0.4387 during the session, while it also had its lowest trading level at $0.3911.
Ratios:
For a deeper understanding of Snow Lake Resources Ltd’s stock, let’s take a closer look at its various ratios. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 40653276 and an Enterprise Value of 3149154.
Stock Price History:
The Beta on a monthly basis for LITM is 0.64, which has changed by -0.54615384 over the last 52 weeks, in comparison to a change of 0.05430484 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 -19.39%, while the 200-Day Moving Average is calculated to be -15.90%.
Shares Statistics:
For the past three months, LITM has traded an average of 12.49M shares per day and 3130120 over the past ten days. A total of 93.11M shares are outstanding, with a floating share count of 92.22M. Insiders hold about 0.96% of the company’s shares, while institutions hold 3.87% stake in the company. Shares short for LITM as of 1743379200 were 7116751 with a Short Ratio of 0.57, compared to 1740700800 on 1649003. Therefore, it implies a Short% of Shares Outstanding of 7116751 and a Short% of Float of 8.25.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
