Snow Lake Resources (NASDAQ:LITM) Stock Price Down 1.1%

Snow Lake Resources Ltd. (NASDAQ:LITM)’s stock price traded down 1.1% on Friday . The company traded as low as $0.85 and last traded at $0.87. 16,200 shares traded hands during trading, a decline of 77% from the average session volume of 71,991 shares. The stock had previously closed at $0.88.

Snow Lake Resources Stock Performance

The business’s 50 day simple moving average is $0.98 and its two-hundred day simple moving average is $0.93.

Snow Lake Resources (NASDAQ:LITM) last released its quarterly earnings data on Tuesday, March 26th. The company reported ($0.06) earnings per share for the quarter.

Institutional Trading of Snow Lake Resources

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Walleye Capital LLC bought a new stake in Snow Lake Resources during the 2nd quarter valued at about $489,000. Maven Securities LTD bought a new stake in shares of Snow Lake Resources in the third quarter worth approximately $216,000. Jane Street Group LLC bought a new stake in shares of Snow Lake Resources in the second quarter worth approximately $83,000. Virtu Financial LLC bought a new stake in shares of Snow Lake Resources in the fourth quarter worth approximately $53,000. Finally, Citigroup Inc. bought a new stake in shares of Snow Lake Resources in the first quarter worth approximately $186,000. 0.24% of the stock is currently owned by 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.