Snow Lake Resources (NASDAQ:LITM) Releases Quarterly Earnings Results

Snow Lake Resources (NASDAQ:LITM) posted its earnings results on Tuesday. The company reported ($0.06) earnings per share (EPS) for the quarter, reports.

Snow Lake Resources Stock Performance

Shares of NASDAQ:LITM opened at $1.00 on Friday. Snow Lake Resources has a 52-week low of $0.41 and a 52-week high of $3.15. The stock’s fifty day simple moving average is $0.97 and its 200-day simple moving average is $0.99.

Institutional Investors Weigh In On Snow Lake Resources

A number of institutional investors have recently bought and sold shares of the stock. Citigroup Inc. acquired a new stake in shares of Snow Lake Resources during the first quarter valued at about $186,000. Atria Wealth Solutions Inc. acquired a new stake in Snow Lake Resources in the first quarter worth about $151,000. Vanguard Personalized Indexing Management LLC acquired a new stake in Snow Lake Resources in the second quarter worth approximately $30,000. Renaissance Technologies LLC bought a new position in Snow Lake Resources during the second quarter valued at about $27,000. Finally, Jane Street Group LLC acquired a new stake in Snow Lake Resources in the 2nd quarter valued at about $83,000. 0.24% of the stock is currently owned by hedge funds and other institutional investors.

About Snow Lake Resources

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.