An announcement from Snow Lake Resources ( (LITM) ) is now available.
On March 21, 2025, Snow Lake Resources Ltd. announced that its Pine Ridge Uranium Project in Wyoming will benefit from a new Executive Order by the Trump Administration aimed at boosting domestic mineral production. The order, issued on March 20, 2025, designates uranium as a critical mineral and facilitates fast-tracked permitting and government funding, positioning Snow Lake and its joint venture partner, Global Uranium and Enrichment Limited, to advance the Pine Ridge project. This initiative aligns with U.S. strategic objectives to enhance national energy security and reduce reliance on foreign uranium supplies.
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 three uranium projects and two hard rock lithium projects. Its uranium projects are located in Namibia, Saskatchewan, and Wyoming, while its lithium projects are situated 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.