Snow Lake Resources Ltd [NASDAQ: LITM] stock went on a downward path that fall over -8.74% on Wednesday, amounting to a one-week price decrease of less than -3.09%.
Over the last 12 months, LITM stock dropped by -69.87%.
The market cap for the stock reached $29.41 million, with 7.82 million shares outstanding and 7.82 million shares in the current float. Compared to the average trading volume of 311.11K shares, LITM stock reached a trading volume of 19822060 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Snow Lake Resources Ltd [LITM]:
The Price to Book ratio for the last quarter was 0.62, with the Price to Cash per share for the same quarter was set at 2.52.
LITM Stock Performance Analysis:
Snow Lake Resources Ltd [LITM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.09. With this latest performance, LITM shares dropped by -1.57% in over the last four-week period, additionally sinking by -47.16% over the last 6 months – not to mention a drop of -69.87% in the past year of trading.
Snow Lake Resources Ltd (LITM) Capital Structure & Debt Analysis
Snow Lake Resources Ltd (LITM) Efficiency & Liquidity Metrics
Based on Snow Lake Resources Ltd’s (LITM) latest financial statements, the Debt-to-Equity Ratio is 0.00%, indicating its reliance on debt financing relative to shareholder equity.
Snow Lake Resources Ltd (LITM) Efficiency & Liquidity Metrics
Snow Lake Resources Ltd [LITM] Institutonal Ownership Details
There are presently around $5.85%, or 5.89%% of LITM stock, in the hands of institutional investors. The top three institutional holders of LITM stocks are: DEUTSCHE BANK AG with ownership of 0.13 million shares, which is approximately 0.6386%. SUSQUEHANNA INTERNATIONAL GROUP, LLP, holding 16366.0 shares of the stock with an approximate value of $$11702.0 in LITM stocks shares; and SUSQUEHANNA INTERNATIONAL GROUP, LLP, currently with $$11399.0 in LITM stock with ownership which is approximately 0.0786%.
