Snow Lake Resources (NASDAQ:LITM) Trading Down 3.5% – Here’s Why

Snow Lake Resources Ltd. (NASDAQ:LITMGet Free Report) dropped 3.5% during mid-day trading on Friday . The stock traded as low as $0.29 and last traded at $0.30. Approximately 260,662 shares traded hands during trading, an increase of 37% from the average daily volume of 190,193 shares. The stock had previously closed at $0.31.

Snow Lake Resources Stock Down 3.5 %

The firm has a 50 day simple moving average of $0.32 and a 200-day simple moving average of $0.57.

About Snow Lake Resources

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Snow Lake Resources Ltd., a natural resource exploration company, engages in the exploration and development of mineral resources in Canada. The company explores for lithium mineral resources. Its flagship property is the Thomson Brothers and Grass River lithium projects located to Crowduck Bay Fault region.

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