Snow Lake Resources (LITM) Stock Price, News & Analysis

Company Overview

Snow Lake Resources (NASDAQ:LITM) is a Canada-based exploration and development company focused on the identification, extraction and processing of lithium—a key component in the manufacturing of electric vehicle batteries and energy storage systems. The company’s flagship Thompson Brothers Lithium Project is located in the Snow Lake region of Manitoba, where high-grade spodumene deposits have been identified through extensive drilling and resource evaluation programs. Snow Lake Resources leverages advanced metallurgical techniques to optimize lithium recovery and aims to establish a vertically integrated supply chain for battery-grade lithium hydroxide.

Founded through the merger of Ontario-based Frontier Lithium and Snow Lake Lithium, the company brought together two seasoned management teams to accelerate the advancement of a sustainable lithium operation in a geopolitically stable jurisdiction. Since its inception, Snow Lake Resources has completed multiple exploration campaigns, metallurgical test work and environmental baseline studies, positioning the Thompson Brothers Project for inclusion in preliminary economic assessments and future feasibility studies.

The Snow Lake region offers strategic advantages, including proximity to existing hydroelectric power, year-round road and rail access, and a longstanding mining infrastructure. These assets underpin Snow Lake Resources’ commitment to low-carbon extraction methods and community engagement, as the company collaborates with local and Indigenous partners to ensure responsible development. In addition to its core Manitoba project, Snow Lake Resources continues to evaluate additional lithium and critical mineral opportunities across North America.

Leadership at Snow Lake Resources comprises industry veterans with deep expertise in mining, metallurgy and battery materials. Chief Executive Officer Matt Major brings more than two decades of resource sector experience, having held senior roles at junior exploration and major mining firms. The company’s board and senior management team also include professionals skilled in project finance, environmental permitting and operational engineering, all dedicated to advancing Snow Lake Resources toward commercial lithium production.

Key Stats

• Today's Range: $3.86 to $4.15
• 50-Day Range: $3.30 to $4.29
• 52-Week Range: $1.98 to $24.44
• Volume: 138,468 shs
• Average Volume: 1.10 million shs
• Market Capitalization: $30.26 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Snow Lake Resources Stock Analysis - MarketRank™

Snow Lake Resources scored higher than 21% of companies evaluated by MarketBeat, and ranked 258th out of 267 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Snow Lake Resources.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Snow Lake Resources has a P/B Ratio of 0.29. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.62% of the float of Snow Lake Resources has been sold short.

Short Interest Ratio / Days to Cover

Snow Lake Resources has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Snow Lake Resources has recently decreased by 31.39%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Snow Lake Resources does not currently pay a dividend.

Dividend Growth

Snow Lake Resources does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.62% of the float of Snow Lake Resources has been sold short.

Short Interest Ratio / Days to Cover

Snow Lake Resources has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Snow Lake Resources has recently decreased by 31.39%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: N/A

News Sentiment

Snow Lake Resources has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.75 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Snow Lake Resources this week, compared to 1 article on an average week.

MarketBeat Follows

Only 2 people have added Snow Lake Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Snow Lake Resources insiders have not sold or bought any company stock.

Percentage Held by Insiders

13.35% of the stock of Snow Lake Resources is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 0.24% of the stock of Snow Lake Resources is held by institutions.

LITM Stock Analysis - Frequently Asked Questions

How have LITM shares performed this year?

Snow Lake Resources' stock was trading at $12.48 at the start of the year. Since then, LITM shares have decreased by 69.0% and is now trading at $3.87.

How were Snow Lake Resources' earnings last quarter?

Snow Lake Resources Ltd. (NASDAQ:LITM) announced its quarterly earnings results on Thursday, April, 10th. The company reported ($0.13) earnings per share (EPS) for the quarter.

When did Snow Lake Resources' stock split?

Snow Lake Resources shares reverse split on Friday, May 2nd 2025.A 1-13 reverse split was announced. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, May 1st 2025. An investor that had 100 shares of stock prior to the reverse split would have 8 shares after the split.

When did Snow Lake Resources IPO?

Snow Lake Resources (LITM) raised $22 million in an IPO on Friday, November 19th 2021. The company issued 3,200,000 shares at $6.50-$7.50 per share.

How do I buy shares of Snow Lake Resources?

Shares of LITM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Snow Lake Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Snow Lake Resources investors own include HubSpot (HUBS), Meta Platforms (META), Tesla (TSLA), NVIDIA (NVDA), ConocoPhillips (COP), Energy Transfer (ET).

Company Calendar

• Last Earnings: 4/10/2025
• Today: 7/12/2025
• Fiscal Year End: 6/30/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Energy
• Industry: Other Alt Energy
• Sub-Industry: Non-Metallic And Industrial Metal Mining
• Current Symbol: NASDAQ:LITM
• CIK: 1769697
• Web: snowlakelithium.com
• Phone: (519) 909-8745
• Fax: N/A
• Employees: 1
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.69
• Quick Ratio: 2.69

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $13.46 per share
• Price / Book: 0.29

Miscellaneous

• Outstanding Shares: 7,820,000
• Free Float: 6,779,000
• Market Cap: $30.26 million
• Optionable: Optionable
• Beta: 0.51