Investors In Snow Lake Resources Ltd (LITM) Will Start Making Money Again

Snow Lake Resources Ltd (NASDAQ:LITM) has a beta value of 0.61 and has seen 6.59 million shares traded in the last trading session. The company, currently valued at $57.26M, closed the last trade at $0.62 per share which meant it gained $0.01 on the day or 1.32% during that session. The LITM stock price is -203.23% off its 52-week high price of $1.88 and 75.81% above the 52-week low of $0.15.

Snow Lake Resources Ltd (NASDAQ:LITM) trade information

Sporting 1.32% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the LITM stock price touched $0.62 or saw a rise of 18.95%. Year-to-date, Snow Lake Resources Ltd shares have moved -35.94%, while the 5-day performance has seen it change -10.87%. Over the past 30 days, the shares of Snow Lake Resources Ltd (NASDAQ:LITM) have changed -30.12%.

Snow Lake Resources Ltd (LITM) estimates and forecasts

The company’s shares have gained 30.30% 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 March 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.