The latest announcement is out from Snow Lake Resources ( (LITM) ).
On March 20, 2025, Snow Lake Resources Ltd. announced the advancement of its joint venture with Global Uranium and Enrichment Limited to acquire the Pine Ridge Uranium Project in Wyoming. This project, located in a leading U.S. uranium-producing region, is set for rapid development and is surrounded by significant uranium assets. The acquisition, alongside Snow Lake’s strategic investment in GUE, positions the company to enhance its uranium portfolio and potentially increase shareholder value.
More about Snow Lake Resources
Snow Lake Resources Ltd., operating as Snow Lake Energy, is a Canadian mineral exploration company listed on Nasdaq under the ticker LITM. The company focuses on clean energy mineral projects, including uranium and lithium exploration. Its portfolio includes three uranium projects located in Namibia, Saskatchewan, and Wyoming, as well as two lithium projects in Manitoba, Canada.
YTD Price Performance: -47.66%
Average Trading Volume: 23,595,193
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $50.97M
For a thorough assessment of LITM stock, go to TipRanks’ Stock Analysis page.