Snow Lake Resources Ltd (NASDAQ: LITM) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

Stocks Info

Snow Lake Resources Ltd is listed on the NASDAQ as a member of the Basic Materials sector and is a part of the Other Industrial Metals & Mining industry. The current market capitalization of Snow Lake Resources Ltd is $60.99M. A total of 11.23 million shares were traded on the day, compared to an average of 22.07M shares.

In the most recent transaction, Nova Minerals Limited bought 6,600,000 shares of LITM for 1.60 per share on Dec 30 ’24.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, LITM has a high of $1.88 and a low of $0.15.

As of this writing, LITM has an earnings estimate of $0 per share for the current quarter.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. LITM’s latest balance sheet shows that the firm has $23.79M in Cash & Short Term Investments as of fiscal 2022. There were $201.16k in debt and $1.78M in liabilities at the time. Its Book Value Per Share was $0.90, while its Total Shareholder’s Equity was $35.33M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock.

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