Snow Lake Resources Ltd.

Snow Lake Resources Ltd.verified

LITM

Price:

$0.3893

Market Cap:

$16.01M

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 primary asset is the Thompson Brothers Lithium property, which consists of 38 contiguous mining claims located in Manitoba. The company was incorporated in 2018 and is based in Winnipeg, Canada. Snow Lake Resources Ltd. operates as a subsidiary of Nova Minerals Limited.[Read more]

Industry

Industrial Materials

IPO Date

2021-11-19

Stock Exchange

NASDAQ

Ticker

LITM

The ROE as of December 2024 (TTM) for Snow Lake Resources Ltd. (LITM) is -6.87%

According to Snow Lake Resources Ltd.’s latest financial reports and current stock price. The company's current ROE is -6.87%. This represents a change of 319.46% compared to the average of -1.64% of the last 4 quarters.

Snow Lake Resources Ltd. (LITM) Historical ROE (quarterly & annually)

How has LITM ROE performed in the past?

The mean historical ROE of Snow Lake Resources Ltd. over the last ten years is -22.73%. The current -6.87% ROE has changed -69.76% with respect to the historical average. Over the past ten years (40 quarters), LITM's ROE was at its highest in in the December 2019 quarter at 0%. The ROE was at its lowest in in the September 2021 quarter at -25.38%.

Quarterly (TTM)
Annual

Average

-22.73%

Median

-18.59%

Minimum

-65.93%

Maximum

0%

Snow Lake Resources Ltd. (LITM) ROE by Quarter and Year

Discovering the peaks and valleys of Snow Lake Resources Ltd. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 196.24%

Maximum Annual ROE = 0%

Minimum Annual Increase = -100.00%

Minimum Annual ROE = -65.93%

Quarterly (TTM)
Annual
YearROEChange
20240%-100.00%
2023-65.93%191.50%
2022-22.62%55.29%
2021-14.56%196.24%
2020-4.92%-82.65%

Snow Lake Resources Ltd. (LITM) Average ROE

How has LITM ROE performed in the past?

The current ROE of Snow Lake Resources Ltd. (LITM) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-29.51%

5-year avg

-21.61%

10-year avg

-22.73%

Snow Lake Resources Ltd. (LITM) ROE vs. Peers

How is LITM’s ROE compared to its peers?

Snow Lake Resources Ltd.’s ROE is greater than Core Lithium Ltd (-74.94%), greater than Patriot Battery Metals Inc. (-0.13%), greater than Lomiko Metals Inc. (-11.69%), greater than Vulcan Energy Resources Limited (-9.84%), greater than Latin Resources Limited (-17.01%), greater than Alpha Copper Corp. (-47.30%), less than Anson Resources Limited (-0.02%), greater than Ardea Resources Limited (-13.58%), greater than European Metals Holdings Limited (-8.48%), less than Liontown Resources Limited (0%), greater than Sayona Mining Limited (-8.26%), greater than Critical Elements Lithium Corporation (-14.44%), greater than Lithium Americas Corp. (-0.17%), greater than Piedmont Lithium Inc. (-5.10%), less than Standard Lithium Ltd. (3.64%), less than NioCorp Developments Ltd. (68.27%), less than Teck Resources Limited (858.64%), less than IGO Limited (1.87%), less than Mineral Resources Limited (0.08%), less than IGO Limited (3.33%), less than Grid Metals Corp. (0.08%), greater than Century Cobalt Corp. (-185.31%), less than null (0%),

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