Snow Lake Resources Ltd (NASDAQ: LITM) is -56.65% lower on its value in year-to-date trading and has touched a low of $0.15 and a high of $1.88 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LITM stock was last observed hovering at around $0.39 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $0.42, the stock is -7.03% and -39.83% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.17 million and changing 5.39% at the moment leaves the stock -20.41% off its SMA200. LITM registered -52.71% loss for a year compared to 6-month gain of 15.61%. The firm has a 50-day simple moving average (SMA 50) of $0.69172 and a 200-day simple moving average (SMA200) of $0.522975.
The stock witnessed a -37.53% loss in the last 1 month and extending the period to 3 months gives it a 151.94%, and is 8.22% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 16.54% over the week and 14.95% over the month.
Distance from 52-week low is 173.82% and -77.86% from its 52-week high.
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Snow Lake Resources Ltd (LITM) Top Institutional Holders
28.0 institutions hold shares in Snow Lake Resources Ltd (LITM), with institutional investors hold 3.92% of the company’s shares. The shares outstanding are 93.11M, and float is at 92.22M with Short Float at 1.79%. Institutions hold 3.89% of the Float.
The top institutional shareholder in the company is DEUTSCHE BANK AG with over 0.13 million shares valued at $92300.0. The investor’s holdings represent 0.6386% of the LITM Shares outstanding. As of 2024-06-30, the second largest holder is SUSQUEHANNA INTERNATIONAL GROUP, LLP with 16366.0 shares valued at $11702.0 to account for 0.0804 of the shares outstanding. The other top investors are TWO SIGMA SECURITIES, LLC which holds 15996.0 shares representing 0.0786% and valued at over $11399.0, while XTX TOPCO LTD holds 0.0549 of the shares totaling 11167.0 with a market value of $7984.0.
Snow Lake Resources Ltd (LITM) Insider Activity
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