Stock Traders Buy Large Volume of Snow Lake Resources Call Options (NASDAQ:LITM)

Snow Lake Resources Ltd. (NASDAQ:LITM) was the recipient of some unusual options trading activity on Wednesday. Stock traders acquired 7,520 call options on the stock. This represents an increase of approximately 5,196% compared to the average volume of 142 call options.

Snow Lake Resources Trading Up 123.7 %

Shares of NASDAQ:LITM traded up $0.23 during trading on Wednesday, reaching $0.41. 255,558,088 shares of the company traded hands, compared to its average volume of 1,409,735. The firm has a fifty day simple moving average of $0.25 and a 200 day simple moving average of $0.44. Snow Lake Resources has a 1-year low of $0.15 and a 1-year high of $1.50.

Snow Lake Resources Company Profile

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.