Snow Lake Resources Ltd (NASDAQ:LITM) currently has a daily average trading volume of 42.45M but it saw 4807764 shares traded in last market. With a market cap of 33.89M USD, the company’s current market price of $0.36 came falling about -3.55 while comparing to the previous closing price of $0.38. 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 $0.336 while lowest mark touched by it was $0.395.
Taking a look at 20-day trading activity of Snow Lake Resources Ltd (LITM) gives us an average price of $0.4843, while its current price level is -80.64% below from 52-week high level whereas it is 139.47% 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 $0.7385 while that of 200 days or SMA-200 reads an average of $0.5301. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.26% during that period while stretching the period over a month that increases to 16.04%. 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 33.62 which implies that the stock is in neutral territory.
Over the week, LITM’s stock price is moving -23.69% down while it is -47.25% when we observe its performance for the past one month. Year-to-date it is -62.08% down and over the past year, the stock is showing a downside performance of -63.02%.
The company is expected to be releasing its next quarterly report in April, 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 93.11M with 0.74% of that held by the insiders while 3.89% of its common stock has been owned by the institutions. Stock’s beta reads 0.79. Stock has a price to book (P/B) ratio of 0.40.
