Snow Lake Resources Ltd (NASDAQ:LITM) currently has a daily average trading volume of 39.29M but it saw 5883188 shares traded in last market. With a market cap of 73.66M USD, the company’s current market price of $0.79 came falling about -1.98 while comparing to the previous closing price of $0.81. 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 $0.762 while lowest mark touched by it was $0.813.
Taking a look at 20-day trading activity of Snow Lake Resources Ltd (LITM) gives us an average price of $0.9006, while its current price level is -57.92% below from 52-week high level whereas it is 420.46% 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 $0.6192 while that of 200 days or SMA-200 reads an average of $0.5731. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.10% during that period while stretching the period over a month that increases to 21.42%. 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 48.88 which implies that the stock is in neutral territory.
Over the week, LITM’s stock price is moving -7.74% down while it is -11.12% when we observe its performance for the past one month. Year-to-date it is -17.59% down and over the past year, the stock is showing a downside performance of -3.30%.
The company is expected to be releasing its next quarterly report in March, 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 10.88% of its common stock has been owned by the institutions. Stock’s beta reads 0.62. Stock has a price to book (P/B) ratio of 0.87.
