Snow Lake Stock Analysis

LITM
 Stock
  

USD 2.57  0.42  19.53%   

The new price hike of Snow Lake may encourage stakeholders to take a closer look at the company as it is trading at a share price of 2.57 on 1,775,200 in trading volume. The company directors and management may have good odds in positioning the company resources to exploit market volatility in November. The stock standard deviation of daily returns for 90 days investing horizon is currently 9.6. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Snow Lake Resources partners.
Additionally, see Correlation Analysis.
  
The Snow Lake stock analysis report makes it easy to digest most publicly released information about Snow Lake and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Snow Lake Stock analysis module also helps to analyze the Snow Lake price relationship with some important fundamental indicators such as market cap and management efficiency.

Snow Lake Stock Analysis Notes

About 57.0% of the company outstanding shares are owned by corporate insiders. The book value of Snow Lake was now reported as 0.37. The company recorded a loss per share of 0.03. Snow Lake Resources had not issued any dividends in recent years. Snow Lake Resources Ltd., a natural resource exploration company, engages in the exploration and development of mineral resources in Canada. Snow Lake Resources Ltd. operates as a subsidiary of Nova Minerals Limited. Snow Lake is traded on NASDAQ Exchange in the United States. To find out more about Snow Lake Resources learn more at https://snowlakelithium.com.

Snow Lake Resources Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Snow Lake's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Snow Lake Resources or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Snow Lake Resources is way too risky over 90 days horizon
Snow Lake Resources appears to be risky and price may revert if volatility continues
Net Loss for the year was (2.86 M).
Snow Lake Resources currently holds about 30.78 M in cash with (2.52 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.75.
Roughly 57.0% of the company outstanding shares are owned by corporate insiders
Latest headline from www.marketwatch.com: Materials Down Slightly As Sterling Stabilizes Against Dollar -- Materials Roundup - MarketWatch

Snow Lake SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Snow Lake prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Snow Lake investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Snow Lake Resources specific information freely available to individual and institutional investors to make a timely investment decision.
8th of August 2022
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21st of July 2022
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20th of July 2022
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19th of July 2022
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11th of July 2022
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30th of June 2022
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22nd of June 2022
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10th of June 2022
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Snow Lake Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Snow Lake is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Snow Lake Resources backward and forwards among themselves. Snow Lake's institutional investor refers to the entity that pools money to purchase Snow Lake's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Murchinson LtdCommon Shares489.5 K1.2 M
Arosa Capital Management LpCommon Shares402 K965 K
Walleye Capital LlcCommon Shares203.6 K489 K
Boothbay Fund Management LlcCommon Shares197.8 K475 K
Guild Investment Management IncCommon Shares159.1 K383 K
Bard Associates IncCommon Shares103.4 K248 K
Jane Street Group LlcCommon Shares34.8 K83 K
Note, although Snow Lake's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Snow Lake Market Capitalization

The company currently falls under 'Micro-Cap' category with current market capitalization of 28.37 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Snow Lake's market, we take the total number of its shares issued and multiply it by Snow Lake's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Management Efficiency

The entity has return on total asset (ROA) of (8.22) % which means that it has lost $8.22 on every $100 spent on asset. This is way below average. Similarly, it shows return on stockholders equity (ROE) of (13.85) %, meaning that it created substantial loss on money invested by shareholders. Snow Lake management efficiency ratios could be used to measure how well snow lake resources manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 4th of October, Snow Lake has the Semi Deviation of 8.21, coefficient of variation of 3408.79, and Risk Adjusted Performance of 0.0435. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Snow Lake Resources, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Snow Lake Resources, which can be compared to its competition. Please validate Snow Lake Resources standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Snow Lake is priced more or less accurately, providing market reflects its prevalent price of 2.57 per share. Please also confirm Snow Lake Resources total risk alpha, which is currently at 0.7823 to double-check the company can sustain itself at a future point.

Snow Lake Resources Price Movement Analysis

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Kaufman Adaptive Moving Average allows the user to define Snow Lake Resources range across which they want the smoothing.
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Snow Lake Predictive Daily Indicators

Snow Lake intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Snow Lake stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Snow Lake Forecast Models

Snow Lake time-series forecasting models is one of many Snow Lake's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Snow Lake's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Snow Lake Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Snow Lake prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Snow Lake shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Snow Lake. By using and applying Snow Lake Stock analysis, traders can create a robust methodology for identifying Snow Lake entry and exit points for their positions.
Snow Lake Resources Ltd., a natural resource exploration company, engages in the exploration and development of mineral resources in Canada. Snow Lake Resources Ltd. operates as a subsidiary of Nova Minerals Limited. Snow Lake is traded on NASDAQ Exchange in the United States.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Snow Lake to your portfolios without increasing risk or reducing expected return.

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Technical Analysis

Check basic technical indicators and analysis based on most latest market data
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Additionally, see Correlation Analysis. You can also try Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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When running Snow Lake Resources 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 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 Lake 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.
The market value of Snow Lake Resources is measured differently than its book value, which is the value of Snow Lake 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 Snow Lake value 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.