Snow Lake Resources Stock Buy Hold or Sell Recommendation
| LITM Stock | USD 0.18 0.01 5.26% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Snow Lake Resources is 'Strong Sell'. The recommendation algorithm takes into account all of Snow Lake's available fundamental, technical, and predictive indicators you will find on this site.
Check out Snow Lake Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Snow and provide practical buy, sell, or hold advice based on investors' constraints. Snow Lake Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
Snow |
Execute Snow Lake Buy or Sell Advice
The Snow recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Snow Lake Resources. Macroaxis does not own or have any residual interests in Snow Lake Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Snow Lake's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Snow Lake Trading Alerts and Improvement Suggestions
| Snow Lake Resources generated a negative expected return over the last 90 days | |
| Snow Lake Resources has high historical volatility and very poor performance | |
| Snow Lake Resources has some characteristics of a very speculative penny stock | |
| Snow Lake Resources has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (6.85 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Snow Lake Resources currently holds about 23.79 M in cash with (3.74 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.33, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 29.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Snow Lake Resources Reports Promising Uranium Drilling Results - TipRanks |
Snow Lake Returns Distribution Density
The distribution of Snow Lake's historical returns is an attempt to chart the uncertainty of Snow Lake's future price movements. The chart of the probability distribution of Snow Lake daily returns describes the distribution of returns around its average expected value. We use Snow Lake Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Snow Lake returns is essential to provide solid investment advice for Snow Lake.
| Mean Return | -1.03 | Value At Risk | -9.52 | Potential Upside | 6.45 | Standard Deviation | 5.78 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Snow Lake historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Snow Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Snow Lake, soars without any apparent reason. This usually happens because many institutional investors are aggressively trading Snow Lake Resources back and forth among themselves. Companies that invest excess capital in these types of assets may also be included in this term and can influence corporate governance by exercising voting rights in their investments.
| Shares | Cwm, Llc Duplicate | 2024-06-30 | 400 | Bank Of America Corp | 2024-06-30 | 100.0 | Xtx Topco Ltd | 2024-09-30 | 0.0 | Deutsche Bank Ag | 2024-06-30 | 130 K | Susquehanna International Group, Llp | 2024-06-30 | 16.4 K | Two Sigma Securities, Llc | 2024-06-30 | 16 K | Renaissance Technologies Corp | 2024-09-30 | 11.2 K | Newbridge Financial Services Group, Inc. | 2024-06-30 | 11 K | Ubs Group Ag | 2024-06-30 | 4.8 K | Compagnie Lombard, Odier Sca | 2024-09-30 | 2.9 K | Federation Des Caisses Desjardins Du Quebec | 2024-06-30 | 1.5 K |
Snow Lake Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Investments | (196.9K) | (270.7K) | (6.0M) | (9.5M) | (8.5M) | (8.1M) | |
| Change In Cash | (455.9K) | 175.8K | 23.5M | (20.0M) | (1.3M) | (1.2M) | |
| Free Cash Flow | (454.9K) | (634.1K) | (9.1M) | (19.8M) | (8.2M) | (8.6M) | |
| Other Non Cash Items | (68.6K) | 110.1K | (912.9K) | 5.2M | 1.5M | 1.1M | |
| Capital Expenditures | 196.9K | 270.7K | 6.0M | 9.5M | 4.5M | 3.8M | |
| Net Income | (182.1K) | (552.4K) | (9.4M) | (15.5M) | (6.9M) | (7.2M) | |
| End Period Cash Flow | 143.1K | 318.8K | 23.8M | 3.8M | 2.5M | 2.4M |
Snow Lake Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Snow Lake or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Snow Lake's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Snow stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -1.22 | |
β | Beta against Dow Jones | 1.54 | |
σ | Overall volatility | 5.56 | |
Ir | Information ratio | -0.2 |
Snow Lake Volatility Alert
Snow Lake Resources exhibits very low volatility with skewness of 0.59 and kurtosis of 2.93. Snow Lake Resources is a potential penny stock. Although Snow Lake may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Snow Lake Resources. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Snow instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Snow Lake Fundamentals Vs Peers
Comparing Snow Lake's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Snow Lake's direct or indirect competition across all of the common fundamentals between Snow Lake and the related equities. This way, we can detect undervalued stocks with similar characteristics as Snow Lake or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Snow Lake's fundamental indicators could also be used in its relative valuation, which is a method of valuing Snow Lake by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Snow Lake to competition |
| Fundamentals | Snow Lake | Peer Average |
| Return On Equity | -0.29 | -0.31 |
| Return On Asset | -0.13 | -0.14 |
| Current Valuation | 3.68 M | 16.62 B |
| Shares Outstanding | 28.61 M | 571.82 M |
| Shares Owned By Insiders | 28.87 % | 10.09 % |
| Shares Owned By Institutions | 0.75 % | 39.21 % |
| Number Of Shares Shorted | 79.42 K | 4.71 M |
| Price To Book | 0.30 X | 9.51 X |
| EBITDA | (15.95 M) | 3.9 B |
| Net Income | (6.85 M) | 570.98 M |
| Cash And Equivalents | 23.79 M | 2.7 B |
| Cash Per Share | 1.33 X | 5.01 X |
| Total Debt | 31.11 K | 5.32 B |
| Debt To Equity | 0.01 % | 48.70 % |
| Current Ratio | 14.05 X | 2.16 X |
| Book Value Per Share | 0.99 X | 1.93 K |
| Cash Flow From Operations | (3.74 M) | 971.22 M |
| Short Ratio | 0.31 X | 4.00 X |
| Earnings Per Share | (0.24) X | 3.12 X |
| Target Price | 11.25 | |
| Number Of Employees | 1 | 18.84 K |
| Beta | 2.38 | -0.15 |
| Market Capitalization | 5.47 M | 19.03 B |
| Total Asset | 29.92 M | 29.47 B |
| Retained Earnings | (26.55 M) | 9.33 B |
| Working Capital | 1.85 M | 1.48 B |
| Net Asset | 29.92 M |
Snow Lake Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Snow . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 76946.55 | |||
| Daily Balance Of Power | (0.33) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 0.19 | |||
| Day Typical Price | 0.18 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
About Snow Lake Buy or Sell Advice
When is the right time to buy or sell Snow Lake Resources? Buying financial instruments such as Snow Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Snow Lake in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Sovereign ETFs Thematic Idea Now
Sovereign ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Sovereign ETFs theme has 17 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Sovereign ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Check out Snow Lake Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Diversified Metals & Mining space 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 (0.24) | Return On Assets (0.13) | Return On Equity (0.29) |
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.