Snow Lake Resources Ltd (NASDAQ:LITM) currently has a daily average trading volume of 38.10M but it saw 6921409 shares traded in last market. With a market cap of 79.84M USD, the company’s current market price of $0.86 came falling about -5.05 while comparing to the previous closing price of $0.90. 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 $0.805 while lowest mark touched by it was $0.9143.
Taking a look at 20-day trading activity of Snow Lake Resources Ltd (LITM) gives us an average price of $0.9413, while its current price level is -54.39% below from 52-week high level whereas it is 464.14% 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 $0.5641 while that of 200 days or SMA-200 reads an average of $0.5768. A closer look into the stock’s movement over the week reveals that its volatility is standing at 20.53% during that period while stretching the period over a month that increases to 28.92%. 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 50.54 which implies that the stock is in neutral territory.
Over the week, LITM’s stock price is moving -35.04% down while it is -2.56% when we observe its performance for the past one month. Year-to-date it is -10.68% down and over the past year, the stock is showing a downside performance of -13.50%.
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 0.74% of that held by the insiders while 10.84% of its common stock has been owned by the institutions. Stock’s beta reads 0.65. Stock has a price to book (P/B) ratio of 0.95.
