Lithium Americas Corp. (TSE:LAC - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the seven research firms that are presently covering the firm, Marketbeat.com reports. Four analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is C$7.50.
A number of equities research analysts recently issued reports on LAC shares. BMO Capital Markets upgraded Lithium Americas to a "hold" rating in a research note on Wednesday, October 23rd. National Bankshares boosted their price objective on Lithium Americas from C$7.25 to C$7.50 and gave the company an "outperform" rating in a research note on Friday, January 10th. Wedbush upgraded Lithium Americas to a "hold" rating in a research note on Thursday, December 19th. Finally, National Bank Financial raised Lithium Americas from a "hold" rating to a "strong-buy" rating in a report on Wednesday, October 16th.
Get Our Latest Stock Analysis on Lithium Americas
Lithium Americas Stock Performance
Shares of TSE LAC traded up C$0.10 during mid-day trading on Friday, reaching C$5.05. 563,453 shares of the company's stock were exchanged, compared to its average volume of 662,004. The firm has a market capitalization of C$1.10 billion, a price-to-earnings ratio of -31.56 and a beta of 1.58. Lithium Americas has a 52 week low of C$2.87 and a 52 week high of C$10.59. The company has a debt-to-equity ratio of 0.69, a current ratio of 20.15 and a quick ratio of 52.06. The firm has a 50-day moving average price of C$4.94 and a two-hundred day moving average price of C$4.21.
Lithium Americas (TSE:LAC - Get Free Report) last released its earnings results on Tuesday, November 5th. The company reported C($0.02) EPS for the quarter, topping analysts' consensus estimates of C($0.03) by C$0.01. Analysts predict that Lithium Americas will post 1.3803828 EPS for the current year.
Insider Buying and Selling at Lithium Americas
In other Lithium Americas news, Director Alun Robert Doyle acquired 10,000 shares of the business's stock in a transaction dated Tuesday, November 19th. The stock was bought at an average price of C$4.47 per share, with a total value of C$44,748.00. Insiders own 7.40% of the company's stock.
Lithium Americas Company Profile
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Get Free ReportLithium Americas Corp. engages in the exploration and development of lithium properties in the United States and Canada. It holds a 100% interest in the Thacker Pass project located in northern Nevada, as well as investments in exploration properties in the United States and Canada. Lithium Americas Corp.
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