(LITM) Snow Lake Resources - Overview

Exchange: NASDAQ • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA83336J2083

Stock: Uranium, Lithium, Exploration

Total Rating 21
Risk 94
Buy Signal -0.16
Risk 5d forecast
Volatility 142%
Relative Tail Risk -18.6%
Reward TTM
Sharpe Ratio -0.60
Alpha -96.74
Character TTM
Beta 1.839
Beta Downside 1.342
Drawdowns 3y
Max DD 94.90%
CAGR/Max DD -0.56

Description: LITM Snow Lake Resources December 23, 2025

Snow Lake Resources Ltd. (NASDAQ:LITM) is a Winnipeg-based exploration firm, founded in 2018, that targets uranium and lithium deposits across a portfolio of projects in Canada, the United States, and Namibia. Its primary focus is on early-stage discovery and development within the diversified metals & mining sub-industry.

Key data points to note: (1) the company reported a cash runway of roughly US$12 million at the end of Q2 2024, providing limited but sufficient funding for its current drilling campaigns; (2) lithium prices have risen ~35 % year-to-date, driven by accelerating EV battery demand, which improves the upside potential of Snow Lake’s Namibian lithium-bearing pegmatite project; and (3) uranium spot prices have remained volatile, hovering around US$55 per pound, a level that still supports economically viable projects in jurisdictions with stable regulatory frameworks like Canada. These macro-drivers suggest that Snow Lake’s dual-commodity exposure could benefit from both the clean-energy transition and the resurgence of nuclear power as a low-carbon baseload source.

For a deeper, data-rich assessment of Snow Lake’s valuation and risk profile, you may find ValueRay’s analytical dashboard worth a quick look.

Piotroski VR‑10 (Strict, 0-10) 0.5

Net Income: error (cannot be calculated; needs Net Income TTM and Revenue TTM)
FCF/TA: -0.00 > 0.02 and ΔFCF/TA 7.36 > 1.0
NWC/Revenue: error (cannot be calculated; needs Current Assets/Liabilities and Revenue current+prev)
CFO/TA -0.00 > 3% & CFO -3275 > Net Income -3.49m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 2.69 > 1.5 & < 3
Outstanding Shares: last quarter (34.1m) vs 12m ago 67.61% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 0.0% > 50% (prev 0.0%; Δ 0.0% > 0%)
Interest Coverage Ratio: -1538 > 6 (EBITDA TTM -6.16m / Interest Expense TTM 4016 )

Altman Z'' 4.38

A: 0.30 (Total Current Assets 30.0m - Total Current Liabilities 11.1m) / Total Assets 62.2m
B: -0.46 (Retained Earnings -28.9m / Total Assets 62.2m)
C: -0.13 (EBIT TTM -6.18m / Avg Total Assets 46.3m)
D: 4.58 (Book Value of Equity 51.0m / Total Liabilities 11.1m)
Altman-Z'' Score: 4.38 = AA

What is the price of LITM shares?

As of February 07, 2026, the stock is trading at USD 2.94 with a total of 481,680 shares traded.
Over the past week, the price has changed by -4.85%, over one month by -22.02%, over three months by -11.98% and over the past year by -72.42%.

Is LITM a buy, sell or hold?

Snow Lake Resources has no consensus analysts rating.

What are the forecasts/targets for the LITM price?

Issuer Target Up/Down from current
Wallstreet Target Price 15.4 425.2%
Analysts Target Price 15.4 425.2%
ValueRay Target Price 1.7 -43.5%

LITM Fundamental Data Overview February 03, 2026

P/B = 1.3067
Revenue TTM = 0.0 USD
EBIT TTM = -6.18m USD
EBITDA TTM = -6.16m USD
Long Term Debt = unknown (0.0)
Short Term Debt = 14.6k USD (from shortTermDebt, last quarter)
Debt = 14.6k USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -28.4m USD (from netDebt column, last quarter)
Enterprise Value = 27.3m USD (55.7m + Debt 14.6k - CCE 28.4m)
Interest Coverage Ratio = -1538 (Ebit TTM -6.18m / Interest Expense TTM 4016 )
EV/FCF = -1000.0x (Enterprise Value 27.3m / FCF TTM -8180 )
FCF Yield = -0.03% (FCF TTM -8180 / Enterprise Value 27.3m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 15.8k) / Revenue TTM)
Tobins Q-Ratio = 0.44 (Enterprise Value 27.3m / Total Assets 62.2m)
Interest Expense / Debt = 6.61% (Interest Expense 966.0 / Debt 14.6k)
Taxrate = 21.0% (US default 21%)
NOPAT = -4.88m (EBIT -6.18m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 2.69 (Total Current Assets 30.0m / Total Current Liabilities 11.1m)
Debt / Equity = 0.00 (Debt 14.6k / totalStockholderEquity, last quarter 51.0m)
Debt / EBITDA = 4.61 (negative EBITDA) (Net Debt -28.4m / EBITDA -6.16m)
Debt / FCF = 3470 (out of range, set to none) (Net Debt -28.4m / FCF TTM -8180 )
Total Stockholder Equity = 38.3m (last 4 quarters mean from totalStockholderEquity)
RoA = -7.54% (Net Income -3.49m / Total Assets 62.2m)
RoE = -9.12% (Net Income TTM -3.49m / Total Stockholder Equity 38.3m)
RoCE = -16.14% (EBIT -6.18m / Capital Employed (Equity 38.3m + L.T.Debt 0.0))
RoIC = -9.56% (negative operating profit) (NOPAT -4.88m / Invested Capital 51.0m)
WACC = 12.69% (E(55.7m)/V(55.7m) * Re(12.69%) + D(14.6k)/V(55.7m) * Rd(6.61%) * (1-Tc(0.21)))
Discount Rate = 12.69% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 29.47%
Fair Price DCF = unknown (Cash Flow -8180 )
EPS Correlation: -11.65 | EPS CAGR: -20.66% | SUE: N/A | # QB: 0
Revenue Correlation: N/A | Revenue CAGR: 0.0% | SUE: N/A | # QB: 0
EPS current Year (2026-06-30): EPS=-1.59 | Chg30d=N/A | Revisions Net=+0 | Growth EPS=+50.5% | Growth Revenue=+0.0%

Additional Sources for LITM Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle