Snow Lake Resources Ltd (NASDAQ:LITM) has a beta value of 0.52 and has seen 5.79 million shares traded in the last trading session. The company, currently valued at $50.94M, closed the last trade at $0.55 per share which meant it lost -$0.03 on the day or -6.24% during that session. The LITM stock price is -241.82% off its 52-week high price of $1.88 and 72.73% 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 36.53 million shares traded. The 3-month trading volume is 18.00 million shares.
Snow Lake Resources Ltd (NASDAQ:LITM) trade information
Sporting -6.24% in the red 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 $0.55 or saw a rise of 25.68%. Year-to-date, Snow Lake Resources Ltd shares have moved -43.01%, while the 5-day performance has seen it change -20.21%. Over the past 30 days, the shares of Snow Lake Resources Ltd (NASDAQ:LITM) have changed 29.52%. Short interest in the company has seen 1.49 million shares shorted with days to cover at 0.31.
Snow Lake Resources Ltd (LITM) estimates and forecasts
The company’s shares have gained 80.09% 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 April 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
Insiders own 0.74% of the company shares, while shares held by institutions stand at 3.89% with a share float percentage of 3.92%. Investors are also buoyed by the number of investors in a company, with Snow Lake Resources Ltd having a total of 28.0 institutions that hold shares in the company. 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.
