Snow Lake Resources Stock Today

LITM Stock  USD 3.43  0.13  3.94%   

Performance

Very Weak

 
Weak
 
Strong

Odds Of Distress

About Average

 
High
 
Low
Snow Lake is selling at 3.43 as of the 25th of June 2025; that is 3.94 percent increase since the beginning of the trading day. The stock's lowest day price was 3.25. Snow Lake has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. The performance scores are derived for the period starting the 26th of May 2025 and ending today, the 25th of June 2025. Click here to learn more.
Business Domain
Materials
IPO Date
19th of November 2021
Category
Basic Materials
Snow Lake Resources Ltd., a natural resource exploration company, engages in the exploration and development of mineral resources in Canada. The company was incorporated in 2018 and is based in Winnipeg, Canada. Snow Lake is traded on NASDAQ Exchange in the United States. The company has 7.82 M outstanding shares of which 1.09 M shares are now shorted by private and institutional investors with about 0.76 trading days to cover. More on Snow Lake Resources

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Snow Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Business ConcentrationDiversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, NASDAQ Composite, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities1.6 M2.2 M
Way Down
Slightly volatile
Non Current Liabilities TotalM2.8 M
Sufficiently Up
Slightly volatile
Total Assets20.3 M34.4 M
Way Down
Slightly volatile
Total Current Assets6.3 M3.8 M
Way Up
Slightly volatile
Debt Levels
Snow Lake can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Snow Lake's financial leverage. It provides some insight into what part of Snow Lake's total assets is financed by creditors.
Liquidity
Snow Lake Resources currently holds 31.11 K in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Snow Lake Resources has a current ratio of 13.77, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Snow Lake's use of debt, we should always consider it together with its cash and equity.

Begin Period Cash Flow

5.26 Million
Snow Lake Resources (LITM) is traded on NASDAQ Exchange in USA. It is located in 360 Main Street, Winnipeg, MB, Canada, R3C 0V1 and employs 1 people. Snow Lake is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 25.82 M. Snow Lake Resources conducts business under Metals & Mining sector and is part of Materials industry. The entity has 7.82 M outstanding shares of which 1.09 M shares are now shorted by private and institutional investors with about 0.76 trading days to cover. Snow Lake Resources currently holds about 23.79 M in cash with (3.74 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.33.
Check Snow Lake Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Snow Lake is $25.82 Million. About 96.5 % of Snow Lake outstanding shares are held by general public with 0.68 (%) owned by insiders and only 2.82 % by institutional holders. Note, that even with negative profits, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company.
Check Snow Ownership Details

Snow Stock Institutional Holders

InstituionRecorded OnShares
Morgan Stanley - Brokerage Accounts2024-12-31
400
Cwm, Llc Duplicate2024-12-31
400
Stonebridge Financial Group, Llc2025-03-31
190
Bank Of America Corp2024-12-31
100.0
Jane Street Group Llc2025-03-31
0.0
Corsair Capital Management Llc2025-03-31
0.0
Citadel Advisors Llc2025-03-31
0.0
Scientech Research Llc2025-03-31
0.0
Virtu Financial Llc2025-03-31
0.0
Ubs Group Ag2024-12-31
1.6 M
Susquehanna International Group, Llp2024-12-31
173.4 K
View Snow Lake Diagnostics

Snow Lake Historical Income Statement

At this time, Snow Lake's Selling General Administrative is very stable compared to the past year. As of the 25th of June 2025, Income Tax Expense is likely to grow to about 14.6 K, while Depreciation And Amortization is likely to drop about 34.6 K. View More Fundamentals

Snow Stock Against Markets

Snow Lake Corporate Management

BCom BCommChief OfficerProfile
Derek KnightCOO SecProfile
Brian YoungsVice ExplorationProfile
P MScVP DirectorProfile
Kyle NazarethInterim OfficerProfile
Keith CPAChief OfficerProfile
When determining whether Snow Lake Resources is a strong investment it is important to analyze Snow Lake's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Snow Lake's future performance. For an informed investment choice regarding Snow Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Snow Lake Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
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Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Snow Lake. If investors know Snow will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Snow Lake listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.84)
Return On Assets
(0.08)
Return On Equity
(0.18)
The market value of Snow Lake Resources is measured differently than its book value, which is the value of Snow that is recorded on the company's balance sheet. Investors also form their own opinion of Snow Lake's value that differs from its market value or its book value, called intrinsic value, which is Snow Lake's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Snow Lake's market value can be influenced by many factors that don't directly affect Snow Lake's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Snow Lake's value and its price as these two are different measures arrived at by different means. Investors typically determine if Snow Lake is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Snow Lake's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.