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

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

Snow Lake Resources Trading Down 1.1 %

The company’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 issued its quarterly earnings data on Tuesday, March 26th. The company reported ($0.06) EPS for the quarter.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of LITM. 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 Snow Lake Resources during the 3rd quarter valued at about $216,000. Jane Street Group LLC bought a new stake in Snow Lake Resources during the 2nd quarter valued at about $83,000. Virtu Financial LLC bought a new stake in Snow Lake Resources during the 4th quarter valued at about $53,000. Finally, Citigroup Inc. bought a new stake in Snow Lake Resources during the 1st quarter valued at about $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.