Snow Lake Resources Ltd

NASDAQ:LITM USA Other Industrial Metals & Mining
Market Cap
$45.43 Million
Market Cap Rank
#25049 Global
#8581 in USA
Share Price
$2.52
Change (1 day)
-1.56%
52-Week Range
$0.29 - $6.34
All Time High
$13.00
About

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

Snow Lake Resources Ltd - Asset Resilience Ratio

Latest as of June 2024: 25.68%

Snow Lake Resources Ltd (LITM) has an Asset Resilience Ratio of 25.68% as of June 2024. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
$7.68 Million
Cash + Short-term Investments
Total Assets
$29.92 Million
All company assets
Resilience Assessment
Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2025–2025)

This chart shows how Snow Lake Resources Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Snow Lake Resources Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents $0.00 0%
Short-term Investments $7.68 Million 25.68%
Total Liquid Assets $7.68 Million 25.68%

Asset Resilience Insights

  • Very High Liquidity: Snow Lake Resources Ltd maintains exceptional liquid asset reserves at 25.68% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company has significant short-term investments, indicating active treasury management.

Snow Lake Resources Ltd Industry Peers by Asset Resilience Ratio

Compare Snow Lake Resources Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Galileo Resources Plc
LSE:GLR
Other Industrial Metals & Mining 0.13%
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
Other Industrial Metals & Mining 1.58%
Shengda Mining Co Ltd
SHE:000603
Other Industrial Metals & Mining 4.86%
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
Other Industrial Metals & Mining 20.53%
China Tungsten and Hightech Materials Co Ltd
SHE:000657
Other Industrial Metals & Mining 0.00%
Guocheng Mining Co Ltd
SHE:000688
Other Industrial Metals & Mining 2.99%
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
Other Industrial Metals & Mining 1.13%
Huludao Zinc Industry Co Ltd
SHE:000751
Other Industrial Metals & Mining 0.01%

Annual Asset Resilience Ratio for Snow Lake Resources Ltd (2025–2025)

The table below shows the annual Asset Resilience Ratio data for Snow Lake Resources Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2025-06-30 2.13% $1.22 Million $57.26 Million --
pp = percentage points