Lithium Americas Corp. (TSE:LAC - Get Free Report) Senior Officer Edward Grandy sold 4,894 shares of the company's stock in a transaction on Monday, December 16th. The shares were sold at an average price of C$4.71, for a total transaction of C$23,051.21.
Lithium Americas Stock Down 0.2 %
TSE LAC traded down C$0.01 during mid-day trading on Thursday, hitting C$4.70. The company's stock had a trading volume of 142,761 shares, compared to its average volume of 719,432. The firm has a market capitalization of C$1.02 billion, a price-to-earnings ratio of -29.38 and a beta of 1.58. The company's 50 day simple moving average is C$5.07 and its 200 day simple moving average is C$4.16. The company has a current ratio of 20.15, a quick ratio of 52.06 and a debt-to-equity ratio of 0.69. Lithium Americas Corp. has a twelve month low of C$2.87 and a twelve month high of C$10.59.
Lithium Americas (TSE:LAC - Get Free Report) last issued its quarterly earnings data on Tuesday, November 5th. The company reported C($0.02) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of C($0.03) by C$0.01. Analysts anticipate that Lithium Americas Corp. will post 1.3803828 earnings per share for the current year.
Wall Street Analysts Forecast Growth
LAC has been the topic of several recent analyst reports. National Bankshares raised Lithium Americas from a "sector perform" rating to an "outperform" rating and boosted their price target for the company from C$5.75 to C$7.25 in a research note on Thursday, October 17th. National Bank Financial upgraded shares of Lithium Americas from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 16th. BMO Capital Markets upgraded shares of Lithium Americas to a "hold" rating in a report on Wednesday, October 23rd. Finally, Wedbush upgraded shares of Lithium Americas to a "hold" rating in a report on Thursday, December 19th. Four equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, Lithium Americas presently has an average rating of "Moderate Buy" and an average price target of C$7.38.
Check Out Our Latest Analysis on LAC
About Lithium Americas
(
Get Free Report)
Lithium 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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