Comparing Snow Lake Resources (NASDAQ:LITM) & TXNM Energy (NYSE:TXNM)

Snow Lake Resources (NASDAQ:LITM) and TXNM Energy (NYSE:TXNM) are both energy companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, analyst recommendations, profitability, risk, valuation, dividends and earnings.

Profitability

This table compares Snow Lake Resources and TXNM Energy’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Snow Lake Resources	N/A	N/A	N/A
TXNM Energy	8.75%	7.34%	1.77%

Institutional & Insider Ownership

0.2% of Snow Lake Resources shares are owned by institutional investors. Comparatively, 91.7% of TXNM Energy shares are owned by institutional investors. 13.4% of Snow Lake Resources shares are owned by company insiders. Comparatively, 1.4% of TXNM Energy shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Risk & Volatility

Snow Lake Resources has a beta of 0.51, suggesting that its share price is 49% less volatile than the S&P 500. Comparatively, TXNM Energy has a beta of 0.1, suggesting that its share price is 90% less volatile than the S&P 500.

Valuation and Earnings

This table compares Snow Lake Resources and TXNM Energy”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Snow Lake Resources	N/A	N/A	-$5.06 million	N/A	N/A
TXNM Energy	$1.97 billion	3.04	$242.68 million	$1.94	29.29

TXNM Energy has higher revenue and earnings than Snow Lake Resources.

Analyst Ratings

This is a breakdown of recent ratings for Snow Lake Resources and TXNM Energy, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Snow Lake Resources	0	0	0	0	0.00
TXNM Energy	0	4	4	0	2.50

TXNM Energy has a consensus price target of $54.8571, indicating a potential downside of 3.45%. Given TXNM Energy’s stronger consensus rating and higher probable upside, analysts plainly believe TXNM Energy is more favorable than Snow Lake Resources.

Summary

TXNM Energy beats Snow Lake Resources on 9 of the 11 factors compared between the two stocks.

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. The company was incorporated in 2018 and is based in Winnipeg, Canada.

About TXNM Energy

TXNM Energy, Inc., through its subsidiaries, provides electricity and electric services in the United States. It operates through Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP) segments. The PNM segment engages in the generation, transmission, and distribution of electricity. The segment owns and leases communications, office and other equipment, office space, vehicles, and real estate. It generates electricity using coal, natural gas and oil, and nuclear fuel and waste, as well as solar, wind, geothermal, and battery storage energy sources. The TNMP segment provides regulated transmission and distribution services. The segment also owns and leases vehicles, service facilities, and office locations throughout its service territory. The company serves residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. The company was formerly known as PNM Resources, Inc and changed its name to TXNM Energy, Inc. in August 2024. TXNM Energy, Inc. was founded in 1882 and is based in Albuquerque, New Mexico.