Is Snow Lake Stock a Good Investment?
Snow Lake Investment Advice | LITM |
- Examine Snow Lake's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Snow Lake's leadership team and their track record. Good management can help Snow Lake navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Diversified Metals & Mining space and any emerging trends that could impact Snow Lake's business and its evolving consumer preferences.
- Compare Snow Lake's performance and market position to its competitors. Analyze how Snow Lake is positioned in terms of product offerings, innovation, and market share.
- Check if Snow Lake pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Snow Lake's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Snow Lake Resources stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Snow Lake Resources is a good investment.
Sell | Buy |
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 | Actively 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 |
Examine Snow Lake Stock
Researching Snow Lake's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 29.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 0.34. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Snow Lake Resources recorded a loss per share of 0.24. The entity had not issued any dividends in recent years.
To determine if Snow Lake is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Snow Lake's research are outlined below:
| 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 uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Snow Lake Resources. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Snow Lake's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 29th of March 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Know Snow Lake's Top 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.
| Shares | Simplex Trading, Llc | 2024-06-30 | 549 | Cwm, Llc Duplicate | 2024-06-30 | 400 | Bank Of America Corp | 2024-06-30 | 100.0 | 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 | Xtx Topco Ltd | 2024-06-30 | 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 |
Snow Lake's market capitalization trends
The company currently falls under 'Nano-Cap' category with a current market capitalization of 6.14 M.Market Cap |
|
Snow Lake's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.67) | (0.64) | |
| Return On Capital Employed | (0.79) | (0.75) | |
| Return On Assets | (0.67) | (0.64) | |
| Return On Equity | (0.76) | (0.72) |
Determining Snow Lake's profitability involves analyzing its financial statements and using various financial metrics to determine if Snow Lake is a good buy. For example, gross profit margin measures Snow Lake's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Snow Lake's profitability and make more informed investment decisions.
Evaluate Snow Lake's management efficiency
Snow Lake Resources has return on total asset (ROA) of (0.1253) % which means that it has lost $0.1253 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2854) %, meaning that it created substantial loss on money invested by shareholders. Snow Lake's management efficiency ratios could be used to measure how well Snow Lake manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of November 2024, Return On Tangible Assets is likely to grow to -0.64. In addition to that, Return On Capital Employed is likely to grow to -0.75. At this time, Snow Lake's Net Tangible Assets are very stable compared to the past year. As of the 23rd of November 2024, Total Current Assets is likely to grow to about 6.3 M, while Total Assets are likely to drop about 20.3 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.12 | 0.74 | |
| Tangible Book Value Per Share | 1.12 | 0.74 | |
| Enterprise Value Over EBITDA | (2.84) | (2.99) | |
| Price Book Value Ratio | 2.67 | 2.54 | |
| Enterprise Value Multiple | (2.84) | (2.99) | |
| Price Fair Value | 2.67 | 2.54 | |
| Enterprise Value | 58 M | 55.1 M |
Understanding the operational decisions made by Snow Lake management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Beta 2.383 |
Basic technical analysis of Snow Stock
As of the 23rd of November, Snow Lake has the Variance of 32.5, risk adjusted performance of (0.12), and Coefficient Of Variation of (576.44). 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. Please validate Snow Lake Resources information ratio and skewness to decide if Snow Lake is priced more or less accurately, providing market reflects its prevalent price of 0.21 per share. As Snow Lake Resources appears to be a penny stock we also recommend to double-check its jensen alpha numbers.Snow Lake's Outstanding Corporate Bonds
Snow Lake issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Snow Lake Resources uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Snow bonds can be classified according to their maturity, which is the date when Snow Lake Resources has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Snow Lake's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Snow Lake's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.12) | |||
| Market Risk Adjusted Performance | (0.60) | |||
| Mean Deviation | 4.23 | |||
| Coefficient Of Variation | (576.44) | |||
| Standard Deviation | 5.7 | |||
| Variance | 32.5 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | (1.16) | |||
| Total Risk Alpha | (1.74) | |||
| Treynor Ratio | (0.61) | |||
| Maximum Drawdown | 32.86 | |||
| Value At Risk | (8.82) | |||
| Potential Upside | 6.45 | |||
| Skewness | 0.6411 | |||
| Kurtosis | 3.17 |
| Risk Adjusted Performance | (0.12) | |||
| Market Risk Adjusted Performance | (0.60) | |||
| Mean Deviation | 4.23 | |||
| Coefficient Of Variation | (576.44) | |||
| Standard Deviation | 5.7 | |||
| Variance | 32.5 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | (1.16) | |||
| Total Risk Alpha | (1.74) | |||
| Treynor Ratio | (0.61) | |||
| Maximum Drawdown | 32.86 | |||
| Value At Risk | (8.82) | |||
| Potential Upside | 6.45 | |||
| Skewness | 0.6411 | |||
| Kurtosis | 3.17 |
Consider Snow Lake's intraday 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.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.95 | |||
| Day Median Price | 0.21 | |||
| Day Typical Price | 0.21 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 45.43 |
Snow Stock media impact
Far too much social signal, news, headlines, and media speculation about Snow Lake that are available to investors today. That information is available publicly through Snow media outlets and privately through word of mouth or via Snow internal channels. However, regardless of the origin, that massive amount of Snow data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Snow Lake news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Snow Lake relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Snow Lake's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Snow Lake alpha.
Snow Lake Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Snow Lake can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Snow Lake Corporate Management
| BCom BComm | Chief Officer | Profile | |
| Derek Knight | COO Sec | Profile | |
| Brian Youngs | Vice Exploration | Profile | |
| P MSc | VP Director | Profile | |
| Kyle Nazareth | Interim Officer | Profile | |
| Keith CPA | Chief Officer | Profile |
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 closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
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.
In summary, please note that there is a difference between Snow Lake's value and its price, as these two are different measures arrived at by various 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.