Snow Lake Resources Ltd.

Snow Lake Resources Ltd. - ROEverified

LITM

Price:

$2.02

Market Cap:

$96.80M

Snow Lake Resources Ltd. is a Canadian company specializing in the identification and development of natural mineral assets. The firm's primary focus is on exploring for lithium mineral deposits. Its most significant holding is the Thompson Brothers Lithium property, which consists of 38 interconnected mining claims situated in Manitoba. Founded in 2018, the company's main office is located in Winnipeg, Canada. Snow Lake Resources Ltd. operates as a subsidiary under Nova Minerals Limited.

Industry

Other Precious Metals

IPO Date

2021-11-19

Stock Exchange

NASDAQ

Ticker

LITM

The ROE as of June 2026 (TTM) for Snow Lake Resources Ltd. (LITM) is -34.20%

According to Snow Lake Resources Ltd.’s latest financial reports and current stock price. The company's current ROE is -34.20%. This represents a change of 1.73% compared to the average of -1.87% of the last 4 quarters.

Snow Lake Resources Ltd. (LITM) Historical ROE (quarterly & annually)

How has LITM ROE performed in the past?

The mean historical ROE of Snow Lake Resources Ltd. over the last ten years is -27.03%. The current -34.20% ROE has changed 26.56% with respect to the historical average. Over the past ten years (40 quarters), LITM's ROE was at its highest in in the September 2022 quarter at 0%. The ROE was at its lowest in in the December 2022 quarter at -18.19%.

Quarterly (TTM)
Annual

Average

-27.03%

Median

-26.74%

Minimum

-68.71%

Maximum

-3.55%

Snow Lake Resources Ltd. (LITM) ROE by Quarter and Year

Discovering the peaks and valleys of Snow Lake Resources Ltd. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 227.61%

Maximum Annual ROE = -3.55%

Minimum Annual Increase = -87.33%

Minimum Annual ROE = -68.71%

Quarterly (TTM)
Annual
YearROEChange
2025-23.69%-11.83%
2024-26.87%-60.90%
2023-68.71%156.95%
2022-26.74%130.07%
2021-11.62%227.61%
2020-3.55%-87.33%

Snow Lake Resources Ltd. (LITM) Average ROE

How has LITM ROE performed in the past?

The current ROE of Snow Lake Resources Ltd. (LITM) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-39.76%

5-year avg

-31.53%

10-year avg

-27.03%

Snow Lake Resources Ltd. (LITM) ROE vs. Peers

How is LITM’s ROE compared to its peers?

Snow Lake Resources Ltd.’s ROE is greater than Foremost Clean Energy Ltd. (-11.13%), greater than Electra Battery Materials Corporation (-159.83%), greater than Osisko Development Corp. Warrant expiring 5/27/2027 (-10.60%), less than ScanTech AI Systems Inc. (12.37%), greater than Solitario Zinc Corp. (-15.13%), greater than CL Workshop Group Limited (-87.51%), greater than Largo Inc. (-45.97%), less than Trinseo PLC (59.25%), greater than SenesTech, Inc. (-76.20%), greater than Austin Gold Corp. (-19.69%),

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