Ratio Examination: Snow Lake Resources Ltd (LITM)’s Price-to-Cash and Price-to-Free Cash Flow

Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.

In the latest session, Snow Lake Resources Ltd (NASDAQ: LITM) closed at $0.75 down -10.95% from its previous closing price of $0.84. In other words, the price has decreased by -$10.95 from its previous closing price. On the day, 9.77 million shares were traded. LITM stock price reached its highest trading level at $0.815 during the session, while it also had its lowest trading level at $0.7211.

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 2.32 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:

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 70018344 and an Enterprise Value of 12784631.

Stock Price History:

The Beta on a monthly basis for LITM is 0.63, which has changed by -0.029677391 over the last 52 weeks, in comparison to a change of 0.22208416 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 28.22%, while the 200-Day Moving Average is calculated to be 30.74%.

Shares Statistics:

For the past three months, LITM has traded an average of 38.31M shares per day and 15586310 over the past ten days. A total of 28.61M shares are outstanding, with a floating share count of 28.28M. Insiders hold about 1.16% of the company’s shares, while institutions hold 35.39% stake in the company. Shares short for LITM as of 1736899200 were 4853685 with a Short Ratio of 0.13, compared to 1734048000 on 676290. Therefore, it implies a Short% of Shares Outstanding of 4853685 and a Short% of Float of 6.9699995.

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