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NASDAQ: LITM
Snow Lake Resources Ltd Stock

$1.15+0.01 (+0.88%)
Updated Feb 27, 2024
LITM Price
$1.15
Fair Value Price
$0.18
Market Cap
$20.91M
52 Week Low
$0.41
52 Week High
$3.15
P/E
-1.85x
P/B
1.23x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
-$11.56M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
0.13
Operating Cash Flow
-$8M
Beta
1.62
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

LITM Overview

Snow Lake Resources Limited is a lithium mining company. The company's primary asset is the Thompson Brothers Lithium property in Manitoba, Canada. Snow Lake Resources was incorporated in 2018 and is headquartered in Winnipeg, Manitoba, Canada.

Zen Score

Industry Average (22)
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Due Diligence Checks

LITM ($1.15) is overvalued by 554.53% relative to our estimate of its Fair Value price of $0.18 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
LITM ($1.15) is not significantly undervalued (554.53%) relative to our estimate of its Fair Value price of $0.18 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
LITM is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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LITM News

Valuation

LITM fair value

Fair Value of LITM stock based on Discounted Cash Flow (DCF)
Price
$1.15
Fair Value
$0.18
Overvalued by
554.53%
LITM ($1.15) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
LITM ($1.15) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
LITM is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

LITM price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-1.85x
Industry
12.87x
Market
36.02x

LITM price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.23x
Industry
2.18x
LITM is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

LITM's financial health

Profit margin

Revenue
$0.0
Net Income
$0.0
Profit Margin
0%
LITM's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$19.9M
Liabilities
$2.3M
Debt to equity
0.13
LITM's short-term assets ($3.59M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
LITM's short-term assets ($3.59M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
LITM's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
N/A
Investing
N/A
Financing
N/A
LITM's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

LITM vs Mining Stocks

TickerMarket Cap1d %P/EP/B
LITM$20.91M+0.88%-1.85x1.23x
UAMY$23.04M-5.31%N/A0.79x
GRFX$16.72M-10.23%N/A0.35x
WWR$28.35M+3.40%-2.25x0.21x
ELBM$31.77M+3.45%-18.97x0.24x

Snow Lake Resources Stock FAQ

What is Snow Lake Resources's quote symbol?

(NASDAQ: LITM) Snow Lake Resources trades on the NASDAQ under the ticker symbol LITM. Snow Lake Resources stock quotes can also be displayed as NASDAQ: LITM.

If you're new to stock investing, here's how to buy Snow Lake Resources stock.

What is the 52 week high and low for Snow Lake Resources (NASDAQ: LITM)?

(NASDAQ: LITM) Snow Lake Resources's 52-week high was $3.15, and its 52-week low was $0.41. It is currently -63.49% from its 52-week high and 179.13% from its 52-week low.

How much is Snow Lake Resources stock worth today?

(NASDAQ: LITM) Snow Lake Resources currently has 18,185,810 outstanding shares. With Snow Lake Resources stock trading at $1.15 per share, the total value of Snow Lake Resources stock (market capitalization) is $20.91M.

Snow Lake Resources stock was originally listed at a price of $13.00 in Nov 19, 2021. If you had invested in Snow Lake Resources stock at $13.00, your return over the last 2 years would have been -91.15%, for an annualized return of -70.26% (not including any dividends or dividend reinvestments).

How much is Snow Lake Resources's stock price per share?

(NASDAQ: LITM) Snow Lake Resources stock price per share is $1.15 today (as of Feb 27, 2024).

What is Snow Lake Resources's Market Cap?

(NASDAQ: LITM) Snow Lake Resources's market cap is $20.91M, as of Feb 29, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Snow Lake Resources's market cap is calculated by multiplying LITM's current stock price of $1.15 by LITM's total outstanding shares of 18,185,810.
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