LITM
LITM 1-star rating from Upturn Advisory

Snow Lake Resources Ltd (LITM)

Snow Lake Resources Ltd (LITM) 1-star rating from Upturn Advisory
$3.42
Last Close (24-hour delay)
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PASS
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  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
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Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

12/05/2025: LITM (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 1 star rating for performance

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit -76.03%
Avg. Invested days 28
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 12/05/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 26.91M USD
Price to earnings Ratio -
1Y Target Price 11.25
Price to earnings Ratio -
1Y Target Price 11.25
Volume (30-day avg) -
Beta 0.55
52 Weeks Range 1.98 - 24.44
Updated Date 06/29/2025
52 Weeks Range 1.98 - 24.44
Updated Date 06/29/2025
Dividends yield (FY) -
Basic EPS (TTM) -2.84

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -8.46%
Return on Equity (TTM) -18.29%

Valuation

Trailing PE -
Forward PE -
Enterprise Value 6112099
Price to Sales(TTM) -
Enterprise Value 6112099
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -1.62
Shares Outstanding 7823360
Shares Floating 5838453
Shares Outstanding 7823360
Shares Floating 5838453
Percent Insiders 0.68
Percent Institutions 2.82

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Snow Lake Resources Ltd

Snow Lake Resources Ltd(LITM) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Snow Lake Resources Ltd. is a junior lithium exploration company focused on developing its Thompson Brothers Lithium Project in Manitoba, Canada. The company was incorporated in 2011 and has been primarily engaged in exploration and resource delineation. Significant milestones include the acquisition and initial exploration of its key project area and ongoing efforts to advance its lithium deposits towards potential production.

Company business area logo Core Business Areas

  • Lithium Exploration and Development: Snow Lake Resources Ltd.'s core business revolves around the exploration, evaluation, and potential development of lithium deposits. Their primary asset is the Thompson Brothers Lithium Project, aiming to extract lithium for use in electric vehicle batteries and other high-tech applications.

leadership logo Leadership and Structure

Snow Lake Resources Ltd. is led by a management team with experience in mining and exploration. The organizational structure is typical of a junior exploration company, with a focus on geological and engineering expertise, as well as corporate finance and investor relations.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Lithium Concentrate: Snow Lake Resources Ltd.'s primary offering, upon successful development, will be spodumene concentrate, a key raw material for lithium hydroxide and lithium carbonate production. The market for lithium concentrate is highly competitive, with major players like Albemarle, SQM, and Ganfeng Lithium. Market share data for Snow Lake Resources Ltd. is not applicable at this stage as they are pre-production.

Market Dynamics

industry overview logo Industry Overview

The lithium industry is experiencing significant growth driven by the surging demand for electric vehicles (EVs) and energy storage solutions. This has led to increased exploration and development activity globally, with a focus on securing reliable and sustainable sources of lithium.

Positioning

Snow Lake Resources Ltd. is positioned as a junior explorer in a rapidly growing but highly competitive market. Their competitive advantage lies in their prospective Thompson Brothers Lithium Project, which has the potential for significant lithium resource development. However, they face challenges common to junior miners, including financing, permitting, and competition from established players.

Total Addressable Market (TAM)

The Total Addressable Market for lithium is projected to be in the tens of billions of dollars annually and growing rapidly as EV adoption accelerates. Snow Lake Resources Ltd. aims to capture a portion of this market by developing its resource into a significant supplier of lithium concentrate.

Upturn SWOT Analysis

Strengths

  • Prospective lithium deposit at Thompson Brothers Project
  • Experienced management team
  • Located in a mining-friendly jurisdiction (Manitoba, Canada)

Weaknesses

  • Pre-production stage, no revenue generation
  • Significant capital requirements for development
  • Reliance on exploration success and market conditions

Opportunities

  • Growing global demand for lithium
  • Potential for strategic partnerships or acquisitions
  • Advancements in extraction technologies

Threats

  • Commodity price volatility for lithium
  • Regulatory and permitting challenges
  • Competition from established lithium producers and new entrants

Competitors and Market Share

Key competitor logo Key Competitors

  • Albemarle Corporation (ALB)
  • Sociedad Quu00edmica y Minera de Chile S.A. (SQM)
  • Ganfeng Lithium Co., Ltd. (GFLYY)
  • Livent Corporation (LTHM)

Competitive Landscape

Snow Lake Resources Ltd. faces intense competition from established, large-scale lithium producers with significant market share, established supply chains, and substantial financial resources. As a junior explorer, its primary competitive advantage lies in the potential of its asset to discover and develop a commercially viable lithium deposit, which could attract investment or acquisition interest. The company's disadvantages include lack of production history, smaller scale, and dependence on external funding.

Growth Trajectory and Initiatives

Historical Growth: Historically, Snow Lake Resources Ltd.'s growth has been measured by the expansion of its resource estimates and progress in project development stages, rather than revenue or profit growth.

Future Projections: Future growth projections are contingent on the successful economic development of the Thompson Brothers Lithium Project. Analyst estimates, if available, would focus on potential production volumes, cost structures, and future revenue based on projected lithium prices.

Recent Initiatives: Recent initiatives likely focus on advancing the Thompson Brothers Lithium Project through its developmental stages, including further drilling, resource estimation updates, and feasibility studies. This may also include efforts to secure financing for larger-scale development.

Summary

Snow Lake Resources Ltd. is a junior lithium explorer with a promising project in Manitoba. The company's strength lies in its prospective asset and the booming lithium market driven by EVs. However, it faces significant weaknesses, including its pre-production status, substantial capital needs, and the inherent risks of exploration. Opportunities for growth are tied to market demand and potential partnerships, while threats include price volatility and regulatory hurdles. The company needs to focus on successful resource development and securing financing to mitigate its risks and capitalize on market opportunities.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company SEC Filings (if applicable)
  • Financial News Outlets
  • Industry Reports
  • Company Investor Relations Materials

Disclaimers:

This analysis is based on publicly available information and is for informational purposes only. It does not constitute financial advice. Investors should conduct their own due diligence before making any investment decisions.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

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About Snow Lake Resources Ltd

Exchange NASDAQ
Headquaters Winnipeg, MB, Canada
IPO Launch date 2021-11-19
CEO -
Sector Basic Materials
Industry Other Industrial Metals & Mining
Full time employees 1
Full time employees 1

Snow Lake Resources Ltd., a natural resource exploration company, engages in the exploration and development of mineral resources in Canada. It explores for uranium and lithium mineral resources. The company was incorporated in 2018 and is based in Winnipeg, Canada.