Snow Lake Resources Stock Price History

LITM Stock  USD 0.84  0.02  2.33%   
If you're considering investing in Snow Stock, it is important to understand the factors that can impact its price. As of today, the current price of Snow Lake stands at 0.84, as last reported on the 21st of May, with the highest price reaching 0.89 and the lowest price hitting 0.83 during the day. Snow Lake Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0155, which indicates the firm had a -0.0155% return per unit of risk over the last 3 months. Snow Lake Resources exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Snow Lake's Coefficient Of Variation of (4,166), variance of 37.16, and Risk Adjusted Performance of (0) to confirm the risk estimate we provide.
  
At this time, Snow Lake's Other Stockholder Equity is very stable compared to the past year. As of the 21st of May 2024, Capital Stock is likely to grow to about 49 M, while Common Stock Shares Outstanding is likely to drop about 16 M. . As of the 21st of May 2024, Price Earnings Ratio is likely to drop to -3.35. In addition to that, Price Book Value Ratio is likely to drop to 2.55. Snow Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0155

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Estimated Market Risk

 6.17
  actual daily
54
54% of assets are less volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Snow Lake is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Snow Lake by adding Snow Lake to a well-diversified portfolio.
Price Book
1.1251
Book Value
1.193
Enterprise Value
11.3 M
Enterprise Value Ebitda
(1.07)
Shares Float
12.2 M

Snow Lake Stock Price History Chart

There are several ways to analyze Snow Stock price data. The simplest method is using a basic Snow candlestick price chart, which shows Snow Lake price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceFebruary 23, 20241.17
Lowest PriceMay 16, 20240.83

Snow Lake May 21, 2024 Stock Price Synopsis

Various analyses of Snow Lake's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Snow Stock. It can be used to describe the percentage change in the price of Snow Lake from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Snow Stock.
Snow Lake Price Rate Of Daily Change 0.98 
Snow Lake Price Daily Balance Of Power(0.33)
Snow Lake Price Action Indicator(0.03)
Snow Lake Accumulation Distribution 657.44 

Snow Lake May 21, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Snow Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Snow Lake intraday prices and daily technical indicators to check the level of noise trading in Snow Stock and then apply it to test your longer-term investment strategies against Snow.

Snow Stock Price History Data

The price series of Snow Lake for the period between Wed, Feb 21, 2024 and Tue, May 21, 2024 has a statistical range of 0.34 with a coefficient of variation of 9.73. The daily prices for the period are spread out with arithmetic mean of 0.95. The median price for the last 90 days is 0.92.
OpenHighLowCloseVolume
05/20/2024 0.89  0.89  0.83  0.84  9,752 
05/17/2024 0.82  0.86  0.82  0.86  15,360 
05/16/2024 0.85  0.85  0.83  0.83  25,332 
05/15/2024 0.85  0.90  0.85  0.85  16,845 
05/14/2024 0.86  0.90  0.84  0.85  34,967 
05/13/2024 0.86  0.90  0.85  0.90  19,330 
05/10/2024 0.87  0.90  0.86  0.86  23,259 
05/09/2024 0.87  0.92  0.86  0.87  17,246 
05/08/2024 0.86  0.94  0.86  0.87  6,455 
05/07/2024 0.90  0.90  0.87  0.87  13,233 
05/06/2024 0.89  0.92  0.88  0.89  20,998 
05/03/2024 0.90  0.94  0.90  0.91  11,723 
05/02/2024 0.97  1.00  0.90  0.93  19,952 
05/01/2024 0.91  0.98  0.90  0.94  10,682 
04/30/2024 0.91  0.93  0.89  0.90  12,496 
04/29/2024 0.94  0.98  0.89  0.90  25,000 
04/26/2024 0.93  1.00  0.89  0.95  55,173 
04/25/2024 0.86  0.99  0.86  0.98  79,982 
04/24/2024 0.88  1.05  0.82  0.89  197,960 
04/23/2024 0.87  0.90  0.85  0.88  27,120 
04/22/2024 0.91  0.91  0.87  0.91  11,088 
04/19/2024 0.86  0.92  0.85  0.87  16,300 
04/18/2024 0.90  0.94  0.88  0.88  37,633 
04/17/2024 0.90  1.00  0.89  0.92  35,183 
04/16/2024 0.92  0.98  0.90  0.91  40,254 
04/15/2024 0.90  1.05  0.90  0.99  14,334 
04/12/2024 0.98  1.06  0.91  0.92  76,474 
04/11/2024 0.95  1.11  0.95  1.03  92,842 
04/10/2024 1.10  1.10  0.96  0.97  70,012 
04/09/2024 0.91  1.14  0.90  1.14  243,482 
04/08/2024 0.90  0.95  0.90  0.91  11,787 
04/05/2024 0.93  0.95  0.85  0.92  20,317 
04/04/2024 0.91  0.91  0.85  0.90  32,873 
04/03/2024 0.90  0.99  0.90  0.91  30,377 
04/02/2024 0.99  0.99  0.88  0.90  68,691 
04/01/2024 1.03  1.04  0.95  1.00  204,247 
03/28/2024 0.82  1.05  0.80  1.00  355,508 
03/27/2024 0.88  0.88  0.80  0.86  50,232 
03/26/2024 0.87  0.87  0.80  0.85  24,146 
03/25/2024 0.84  0.88  0.84  0.85  19,486 
03/22/2024 0.90  0.90  0.82  0.84  70,090 
03/21/2024 0.95  0.95  0.85  0.89  56,583 
03/20/2024 0.94  0.95  0.85  0.94  21,415 
03/19/2024 0.88  0.95  0.85  0.92  58,610 
03/18/2024 0.93  0.94  0.86  0.89  47,927 
03/15/2024 0.92  0.95  0.90  0.95  61,749 
03/14/2024 0.90  0.98  0.85  0.90  77,471 
03/13/2024 0.85  0.92  0.80  0.88  68,211 
03/12/2024 0.99  0.99  0.72  0.86  138,529 
03/11/2024 1.01  1.01  0.91  0.92  31,823 
03/08/2024 0.98  1.06  0.94  0.98  31,947 
03/07/2024 1.03  1.05  0.92  1.04  41,978 
03/06/2024 1.09  1.10  1.00  1.06  81,783 
03/05/2024 1.10  1.12  1.05  1.09  61,868 
03/04/2024 1.06  1.15  1.03  1.11  31,758 
03/01/2024 1.13  1.14  1.02  1.06  26,871 
02/29/2024 1.10  1.18  1.05  1.15  37,323 
02/28/2024 1.13  1.22  1.04  1.11  39,524 
02/27/2024 1.12  1.20  1.02  1.15  34,553 
02/26/2024 1.14  1.14  1.07  1.14  50,026 
02/23/2024 1.10  1.27  1.05  1.17  159,481 

About Snow Lake Stock history

Snow Lake investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Snow is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Snow Lake Resources will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Snow Lake stock prices may prove useful in developing a viable investing in Snow Lake
Last ReportedProjected for Next Year
Common Stock Shares Outstanding20.7 M16 M
Net Loss-8.5 M-8.1 M

Snow Lake Stock Technical Analysis

Snow Lake technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Snow Lake technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Snow Lake trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Snow Lake Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Snow Lake's price direction in advance. Along with the technical and fundamental analysis of Snow Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Snow to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
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 tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running Snow Lake's price analysis, check to measure Snow Lake's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Snow Lake is operating at the current time. Most of Snow Lake's value examination focuses on studying past and present price action to predict the probability of Snow Lake's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Snow Lake's price. Additionally, you may evaluate how the addition of Snow Lake to your portfolios can decrease your overall portfolio volatility.
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Is Snow Lake's industry 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
(0.47)
Return On Assets
(0.26)
Return On Equity
(0.43)
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.