Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $0.20 in the prior trading day, Snow Lake Resources Ltd (NASDAQ: LITM) closed at $0.20, down -1.81%. In other words, the price has decreased by -$1.81 from its previous closing price. On the day, 0.71 million shares were traded. LITM stock price reached its highest trading level at $0.21 during the session, while it also had its lowest trading level at $0.1918.
Ratios:
Our goal is to gain a better understanding of LITM by taking a closer look at its different ratios. 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.
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 5727942 and an Enterprise Value of 1572171.
Stock Price History:
Over the past 52 weeks, LITM has reached a high of $1.50, while it has fallen to a 52-week low of $0.17. The 50-Day Moving Average of the stock is -29.06%, while the 200-Day Moving Average is calculated to be -68.49%.
Shares Statistics:
The stock has traded on average 426.72K shares per day over the past 3-months and 568060 shares per day over the last 10 days, according to various share statistics. 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 0.74% stake in the company. Shares short for LITM as of 1731628800 were 304333 with a Short Ratio of 0.71, compared to 1728950400 on 283882. Therefore, it implies a Short% of Shares Outstanding of 304333 and a Short% of Float of 1.39999995.
