Snow Lake Resources Ltd. (NASDAQ:LITM – Get Free Report) was down 7.3% on Wednesday . The stock traded as low as $0.55 and last traded at $0.57. Approximately 5,981,258 shares traded hands during trading, a decline of 64% from the average daily volume of 16,537,719 shares. The stock had previously closed at $0.62.
Snow Lake Resources Stock Down 7.3 %
The firm has a fifty day simple moving average of $0.76 and a 200-day simple moving average of $0.47.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. United Capital Management of KS Inc. purchased a new position in shares of Snow Lake Resources in the 4th quarter worth approximately $34,000. Renaissance Technologies LLC raised its position in Snow Lake Resources by 284.8% in the fourth quarter. Renaissance Technologies LLC now owns 43,100 shares of the company’s stock worth $41,000 after acquiring an additional 31,900 shares during the period. Two Sigma Securities LLC boosted its stake in Snow Lake Resources by 81.7% in the fourth quarter. Two Sigma Securities LLC now owns 44,635 shares of the company’s stock valued at $43,000 after acquiring an additional 20,069 shares during the last quarter. Virtu Financial LLC increased its stake in shares of Snow Lake Resources by 308.7% during the 4th quarter. Virtu Financial LLC now owns 66,576 shares of the company’s stock worth $64,000 after purchasing an additional 50,285 shares during the last quarter. Finally, XTX Topco Ltd purchased a new position in Snow Lake Resources in the fourth quarter valued at approximately $72,000. Hedge funds and other institutional investors own 0.24% of the company’s stock.
Snow Lake Resources Company Profile
Snow Lake Resources Ltd., a natural resource exploration company, engages in the exploration and development of mineral resources in Canada. The company explores for lithium mineral resources. Its flagship property is the Thomson Brothers and Grass River lithium projects located to Crowduck Bay Fault region.
Featured Stories
- Five stocks we like better than Snow Lake Resources
- Russell 2000 Index, How Investors Use it For Profitable Trading
- Nebius Group: NVIDIA’s Investment Sparks All-Time Highs
- Election Stocks: How Elections Affect the Stock Market
- SoFi Stock Rallying Strong in the Last 5 Days—What’s Driving It?
- The Role Economic Reports Play in a Successful Investment Strategy
- Intel Surges on M&A Talks: Rally Beginning or Just a Headfake?
Receive News & Ratings for Snow Lake Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Snow Lake Resources and related companies with MarketBeat.com's FREE daily email newsletter.
