LITM · NASDAQ · Other Precious Metals

Snow Lake Resources (LITM)

Developer of uranium assets with enrichment and small modular reactor investments.

$2.02
At close+0.07 (+3.59%)
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Snow Lake Resources Ltd.LITMMaterials

Frontier Nuclear and Minerals, formerly Snow Lake Resources, is an exploration-stage company building a U.S.-focused nuclear fuel-cycle platform. Its work centers on uranium projects in Wyoming and Colorado, with equity exposure to uranium enrichment and small modular reactor technologies.

Frontier Nuclear and Minerals, previously Snow Lake Resources, is a Canada-based exploration-stage company repositioned around the front end of the nuclear fuel cycle. Its operating focus is uranium mining and milling, anchored by the Pine Ridge project in Wyoming and the Tallahassee project in Colorado, while its smaller portfolio still includes lithium and other critical-mineral assets in Canada and Namibia.

The company also holds equity exposure to Ubaryon for uranium enrichment technology and Kadmos Energy for small modular reactor work. Management has said the lithium assets are planned for a separate vehicle, leaving the core business more concentrated in U.S. nuclear-fuel activities. The company has not placed mineral properties into production or built a customer base, so progress depends on exploration results, financing, permitting, and nuclear-sector regulatory approvals.

Company facts

CEOFrank David Wheatley
ListedOct 4, 2023
ExchangeNASDAQ
HeadquartersWinnipeg, Canada
CountryCanada
Employees1
CIK0001769697
ISINCA3591341035

Market cap$36.4M
EPS (ttm)−$2.28
P/E (ttm)−0.8852
ROE-34.2%
P/B0.2099
P/S0.00
Dividend yieldDiv yield
Beta3.92vs XLB 0.79

No analyst consensus on record.

EPSReportedEstimate

Mar '23Oct '23Mar '24Jul '24Jul '24Oct '24Apr '25Apr '25
Reported−$2.99−$0.03−$0.78−$0.08$0.00−$0.08−$0.01−$0.13
Estimate
Surprise

RevenueReportedEstimate

Mar '23Oct '23Mar '24Jul '24Jul '24Oct '24Apr '25Apr '25
Reported
Estimate
Surprise
Estimate
Reported−$0.13
Estimate
Reported
View details

Debt to equity0.00%
Current ratio269.00%

ProfitabilityRevenueNet incomeNet margin

Q3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25
Revenue$0$0$0$0$0$0$0$0
Net income−$3.4K−$3.4K−$838−$1.1M−$1.6M−$1.6M−$441.7K
Net margin

GrowthOperating income

Q3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25
Operating income−$3.2K−$3.2M−$1.4M−$1.5M−$637.2K−$637.2K−$1.3M−$2.3M
YoY growth

Balance sheet, Dec 31, 2024Cash & short-term investments $20.6M · Total debt $10.6K · Total assets $45.0M · Shareholders' equity $36.9M

Revenue
$0
Operating income
−$2.3M
Net income
−$441.7K

Reported in CAD, converted at the latest exchange rate

View details

No dividends on record.

Institutions27 holders · as of Dec 31, 202517.30%860.4K shares
Insiders1 holder · as of Jul 19, 202290.5K shares
Strategic holders1 holder · as of Jul 20, 202226.0K shares

institutions as of Dec 31, 2025 · holders as of their latest filing

No reliable share count is available for this listing, so stakes are shown as shares, not percentages.

The institutional percentage is the one reported with the filings, not one recomputed on the share count here.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Morgan StanleyInstitution
251,32813Fas of Dec 31, 2025
Massar Capital Management, LPInstitution
167,00013Fas of Dec 31, 2025
UBS Group AGInstitution
160,75913Fas of Dec 31, 2025
KnightInsider
90,51013Gfiled Jul 19, 2022
Jane Street Group, LLCInstitution
65,82313Fas of Dec 31, 2025
See all 25

13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

Not reported.