Litm stock price analysts forecast litm stock price

Analysts forecast litm stock price could test $1.75 if lithium carbonate prices continue to rebound. Correlation data between spot lithium and stock performance remains above 0.8, underscoring commodity price influence. In early October, Snow Lake announced that it entered an agreement with Critical Discoveries . These industry-dominant companies will collaborate to both advance the exploration and development of the Snow Lake Lithium Project and to expand Snow Lake’s portfolio of prospective lithium projects in Manitoba and the surrounding region. Snow Lake Energy (NASDAQ: LITM) has announced a 1-for-13 reverse stock split effective May 2, 2025. The split aims to maintain Nasdaq listing compliance by meeting the $1.00 minimum bid price requirement. Seasonal industry factors may also benefit litm stock price, as Q3 historically brings higher lithium contract renewals. A positive demand cycle could aid upward momentum.