Snow Lake Resources Ltd experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $1.88 on 12/27/24, while the lowest price for the same period was registered at $0.15 on 12/12/24.
52-week price history of LITM Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Snow Lake Resources Ltd’s current trading price is -63.53% away from its 52-week high, while its distance from the 52-week low is 351.12%. The stock’s price range during the 52-week period has remained between $0.15 and $1.88. In the Basic Materials sector, the company’s shares saw a trading volume of around 109.52 million for the day, which was evidently higher than the average daily volume of 23.56 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Snow Lake Resources Ltd (LITM) has experienced a quarterly rise of 274.70% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 63.85M and boasts a workforce of 1 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5259, with a change in price of +0.4058. Similarly, Snow Lake Resources Ltd recorded 28,828,762 in trading volume during the last 100 days, posting a change of +144.98%.
Examining LITM’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for LITM stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
LITM Stock Stochastic Average
As of today, Snow Lake Resources Ltd’s raw stochastic average for the last 50 days stands at 24.78%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 75.66%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 76.98% and 69.37%, respectively.
LITM Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price loss of -28.57% this year. Over the last six months, there has been a weaker performance of 119.56%. The price of LITM fallen by 32.12% during the last 30 days period. For the last 5-days stocks have improved 73.64%.
