Snow Lake Resources (LITM) stock forecast for 2023. Forecast tables and graphs.

Snow Lake Resources (LITM) stock forecast for 2023

Last update: 08-15-2022, 15:59

Sector: Basic materials

The share price of Snow Lake Resources Ltd. (LITM) now

What analysts predict:: $11.64

52-week high/low: $18.42 / $2.12

50/200 Day Moving Average: $2.796 / $5.07

This figure corresponds to the average price over the previous 50/200 days. For Snow Lake Resources stocks, the 50-day moving average is the resistance level today.

For Snow Lake Resources stocks, the 200-day moving average is the resistance level today.

Are you interested in Snow Lake Resources stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Snow Lake Resources stock price in 2023. How much will one Snow Lake Resources share be worth in 2023?

Is it worth taking profit / loss on Snow Lake Resources stock now or waiting? What are analysts' forecasts for Snow Lake Resources stock?

We forecast Snow Lake Resources stock performance using neural networks based on historical data on Snow Lake Resources stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

The Snow Lake Resources stock prediction results are shown below and presented as a graph, table and text information.

Snow Lake Resources stock forecasts are adjusted once a day based on the closing price of the previous trading day.

The minimum target price for Snow Lake Resources analysts is $11.64.

Today 200 Day Moving Average is the resistance level (5.07 $).

50 Day Moving Average is the resistance level (2.796 $).





Historical and forecast chart of Snow Lake Resources stock

The chart below shows the historical price of Snow Lake Resources stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Snow Lake Resources stock price can be found in the table below.

Snow Lake Resources (LITM) Forecast for 2023

Month Target Pes. Opt. Vol., %
Jan 3.88 3.57 4.21 15.13 %
Feb 4.11 3.76 4.64 19.12 %
Mar 4.81 4.04 5.08 20.45 %
Apr 5.29 4.78 5.98 20.00 %
May 5.21 4.91 6.01 18.23 %
Jun 4.48 4.08 5.17 21.01 %
Jul 4.24 3.71 4.81 22.93 %
Aug 4.00 3.45 4.20 17.87 %
Sep 3.82 3.56 4.24 16.04 %
Oct 3.74 3.51 3.98 11.65 %
Nov 3.40 2.86 3.93 27.34 %
Dec 3.66 3.18 4.13 23.05 %

Snow Lake Resources information and performance

Snow Lake Resources Ltd. operates as a mineral company. The Company specializes in the acquisition, exploration, and development of lithium projects. Snow Lake Resources serves customers in Canada and Australia.

Snow Lake Resources Address

201 PORTAGE AVENUE, SUITE 2200, WINNIPEG, A2, CANADA

Market Capitalization: 56 199 000 $

Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.

EBITDA: - $

EBITDA is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: None

Price/earnings to growth

DPS: N/A

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: N/A

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -0.164

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: N/A

Quarterly Revenue Growth YOY: N/A

Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: -

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: -

Enterprise Value (EV) /Revenue

EV To EBITDA: -9.66

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 17841100

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A

Percent Insiders: N/A

Percent Institutions: N/A

Snow Lake Resources price target for 2021 by month


Target values for the price of one Snow Lake Resources share for Jan 2023.

The weighted average target price per Snow Lake Resources share in Jan 2023 is: 3.88. In Jan, the positive dynamics for Momo shares will prevail with possible monthly volatility of 15.129% volatility is expected.

Pessimistic target level: 3.57

Optimistic target level: 4.21


Target values for the price of one Snow Lake Resources share for Feb 2023.

The weighted average target price per Snow Lake Resources share in Feb 2023 is: 4.11. In Feb, the positive dynamics for Momo shares will prevail with possible monthly volatility of 19.115% volatility is expected.

Pessimistic target level: 3.76

Optimistic target level: 4.64


Target values for the price of one Snow Lake Resources share for Mar 2023.

The weighted average target price per Snow Lake Resources share in Mar 2023 is: 4.81. In Mar, the positive dynamics for Momo shares will prevail with possible monthly volatility of 20.455% volatility is expected.

Pessimistic target level: 4.04

Optimistic target level: 5.08


Target values for the price of one Snow Lake Resources share for Apr 2023.

The weighted average target price per Snow Lake Resources share in Apr 2023 is: 5.29. In Apr, the positive dynamics for Momo shares will prevail with possible monthly volatility of 20.000% volatility is expected.

Pessimistic target level: 4.78

Optimistic target level: 5.98


Target values for the price of one Snow Lake Resources share for May 2023.

The weighted average target price per Snow Lake Resources share in May 2023 is: 5.21. In May, the negative dynamics for Momo shares will prevail with possible monthly volatility of 18.229% volatility is expected.

Pessimistic target level: 4.91

Optimistic target level: 6.01


Target values for the price of one Snow Lake Resources share for Jun 2023.

The weighted average target price per Snow Lake Resources share in Jun 2023 is: 4.48. In Jun, the negative dynamics for Momo shares will prevail with possible monthly volatility of 21.007% volatility is expected.

Pessimistic target level: 4.08

Optimistic target level: 5.17


Target values for the price of one Snow Lake Resources share for Jul 2023.

The weighted average target price per Snow Lake Resources share in Jul 2023 is: 4.24. In Jul, the negative dynamics for Momo shares will prevail with possible monthly volatility of 22.928% volatility is expected.

Pessimistic target level: 3.71

Optimistic target level: 4.81


Target values for the price of one Snow Lake Resources share for Aug 2023.

The weighted average target price per Snow Lake Resources share in Aug 2023 is: 4.00. In Aug, the negative dynamics for Momo shares will prevail with possible monthly volatility of 17.871% volatility is expected.

Pessimistic target level: 3.45

Optimistic target level: 4.20


Target values for the price of one Snow Lake Resources share for Sep 2023.

The weighted average target price per Snow Lake Resources share in Sep 2023 is: 3.82. In Sep, the negative dynamics for Momo shares will prevail with possible monthly volatility of 16.036% volatility is expected.

Pessimistic target level: 3.56

Optimistic target level: 4.24


Target values for the price of one Snow Lake Resources share for Oct 2023.

The weighted average target price per Snow Lake Resources share in Oct 2023 is: 3.74. In Oct, the negative dynamics for Momo shares will prevail with possible monthly volatility of 11.654% volatility is expected.

Pessimistic target level: 3.51

Optimistic target level: 3.98


Target values for the price of one Snow Lake Resources share for Nov 2023.

The weighted average target price per Snow Lake Resources share in Nov 2023 is: 3.40. In Nov, the negative dynamics for Momo shares will prevail with possible monthly volatility of 27.336% volatility is expected.

Pessimistic target level: 2.86

Optimistic target level: 3.93


Target values for the price of one Snow Lake Resources share for Dec 2023.

The weighted average target price per Snow Lake Resources share in Dec 2023 is: 3.66. In Dec, the positive dynamics for Momo shares will prevail with possible monthly volatility of 23.050% volatility is expected.

Pessimistic target level: 3.18

Optimistic target level: 4.13




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.