Snow Lake Resources Ltd (NASDAQ:LITM) currently has a daily average trading volume of 35.30M but it saw 6257070 shares traded in last market. With a market cap of 67.26M USD, the company’s current market price of $0.88 came rising about 0.01 while comparing to the previous closing price of $0.88. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.88 and as low as $0.15. In the recent trading on the day, stock has struck highest price mark of $0.85 while lowest mark touched by it was $0.9588.
Taking a look at 20-day trading activity of Snow Lake Resources Ltd (LITM) gives us an average price of $0.7741, while its current price level is -53.19% below from 52-week high level whereas it is 479.01% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.4423 while that of 200 days or SMA-200 reads an average of $0.5729. A closer look into the stock’s movement over the week reveals that its volatility is standing at 28.90% during that period while stretching the period over a month that increases to 40.08%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 56.67 which implies that the stock is in neutral territory.
Over the week, LITM’s stock price is moving 23.13% up while it is 436.65% when we observe its performance for the past one month. Year-to-date it is -8.32% down and over the past year, the stock is showing a downside performance of -22.12%.
The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Snow Lake Resources Ltd’s total number of outstanding shares is 28.61M with 0.90% of that held by the insiders while 13.20% of its common stock has been owned by the institutions. Stock’s beta reads 0.67. Stock has a price to book (P/B) ratio of 0.97.
