Reviewing Snow Lake Resources (NASDAQ:LITM) and enCore Energy (NASDAQ:EU)

enCore Energy (NASDAQ:EU) and Snow Lake Resources (NASDAQ:LITM) are both small-cap basic materials companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, earnings, institutional ownership, analyst recommendations, risk, valuation and profitability.

Insider & Institutional Ownership

20.9% of enCore Energy shares are owned by institutional investors. Comparatively, 0.2% of Snow Lake Resources shares are owned by institutional investors. 13.4% of Snow Lake Resources shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Risk & Volatility

enCore Energy has a beta of -0.04, meaning that its stock price is 104% less volatile than the S&P 500. Comparatively, Snow Lake Resources has a beta of 2.68, meaning that its stock price is 168% more volatile than the S&P 500.

Analyst Ratings

This is a summary of recent ratings and recommmendations for enCore Energy and Snow Lake Resources, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
enCore Energy	0	0	1	0	3.00
Snow Lake Resources	0	0	0	0	N/A

enCore Energy currently has a consensus price target of $6.00, indicating a potential upside of 43.20%. Given enCore Energy’s higher possible upside, equities research analysts clearly believe enCore Energy is more favorable than Snow Lake Resources.

Valuation & Earnings

This table compares enCore Energy and Snow Lake Resources’ top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
enCore Energy	N/A	N/A	-$22.39 million	($0.16)	-26.19
Snow Lake Resources	N/A	N/A	-$11.48 million	N/A	N/A

Profitability

This table compares enCore Energy and Snow Lake Resources’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
enCore Energy	N/A	-8.22%	-6.71%
Snow Lake Resources	N/A	N/A	N/A

Summary

Snow Lake Resources beats enCore Energy on 5 of the 8 factors compared between the two stocks.

About enCore Energy

enCore Energy Corp. engages in the acquisition, exploration, and development of uranium resource properties in the United States. It holds a 100% interest in Crownpoint and Hosta Butte uranium project area covers 3,020 acres located in the Grants Uranium Belt, New Mexico. The company also holds interest in the Marquez-Juan Tafoya property comprises 14,582 acres located in McKinley and Sandoval counties of New Mexico; and the Nose Rock project comprising 42 owned unpatented lode mining claims comprising approximately 800 acres located in McKinley County, New Mexico. In addition, it holds interest in the White Canyon District and Utah property package, including the Geitus, Blue Jay, Marcy Look, and Cedar Mountain projects located to the northwest of the White Mesa Mill at Blanding County, Utah. Further, the company holds a 100% interest in Dewey Burdock project comprises approximately 12,613 surface acres and 16,962 net mineral acres located in South Dakota; Gas Hills project consists of approximately 1,280 surface acres and 12,960 net mineral acres of unpatented lode mining claims located in Wyoming; and West Largo project consist of approximately 3,840 acres located in McKinley County, New Mexico. Additionally, it holds a 100% interest in Ambrosia Lake – Treeline property consists of deeded mineral rights totaling 24,555 acres and unpatented mining claims covering approximately 1,700 acres; and Checkerboard mineral rights covering a land position of approximately 300,000 acres located in the Grants Uranium District. The company was formerly known as Wolfpack Gold Corp. and changed its name to enCore Energy Corp. in August 2014. enCore Energy Corp. is headquartered in Corpus Christi, Texas.

About Snow Lake Resources

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. The company was incorporated in 2018 and is based in Winnipeg, Canada.