Snow Lake Resources Ltd Shares Are Down -21.92% Since The Beginning Of The Year

Snow Lake Resources Ltd (NASDAQ:LITM) has a beta value of 0.68 and has seen 21.94 million shares traded in the last trading session. The company, currently valued at $64.48M, closed the last trade at $0.89 per share which meant it lost -$0.05 on the day or -5.21% during that session. The LITM stock price is -111.24% off its 52-week high price of $1.88 and 83.15% above the 52-week low of $0.15. If we look at the company’s 10-day average daily trading volume, we find that it stood at 73.38 million shares traded. The 3-month trading volume is 31.40 million shares.

Snow Lake Resources Ltd (NASDAQ:LITM) trade information

Sporting -5.21% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the LITM stock price touched $0.89 or saw a rise of 52.66%. Year-to-date, Snow Lake Resources Ltd shares have moved -7.28%, while the 5-day performance has seen it change 1.15%. Over the past 30 days, the shares of Snow Lake Resources Ltd (NASDAQ:LITM) have changed 332.09%. Short interest in the company has seen 0.68 million shares shorted with days to cover at 0.31.

Snow Lake Resources Ltd (LITM) estimates and forecasts

The company’s shares have gained 28.93% over the past 6 months.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -28.50% over the past 5 years.

LITM Dividends

Snow Lake Resources Ltd is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Snow Lake Resources Ltd (NASDAQ:LITM)’s Major holders

The top two institutional holders are DEUTSCHE BANK AG with over 0.13 million shares worth more than $92300.0. As of 2024-06-30, DEUTSCHE BANK AG held 0.6386% of shares outstanding.

The other major institutional holder is SUSQUEHANNA INTERNATIONAL GROUP, LLP, with the holding of over 16366.0 shares as of 2024-06-30. The firm’s total holdings are worth over $11702.0 and represent 0.0804% of shares outstanding.