Lithium Americas (NYSE:LAC - Get Free Report) will likely be posting its quarterly earnings results before the market opens on Friday, March 21st. Analysts expect Lithium Americas to post earnings of ($0.02) per share for the quarter.
Lithium Americas Price Performance
LAC stock traded up $0.08 during trading on Friday, reaching $3.04. 5,418,631 shares of the company were exchanged, compared to its average volume of 5,672,281. The company has a market capitalization of $669.78 million, a price-to-earnings ratio of -25.29 and a beta of 1.77. The company has a 50-day moving average of $3.01 and a two-hundred day moving average of $3.15. Lithium Americas has a twelve month low of $2.02 and a twelve month high of $7.71.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on the company. Wedbush assumed coverage on Lithium Americas in a research note on Thursday, December 19th. They issued a "neutral" rating and a $5.00 price target for the company. Cormark upgraded Lithium Americas to a "moderate buy" rating in a report on Friday, January 17th. Finally, Piper Sandler dropped their price objective on shares of Lithium Americas from $3.90 to $3.50 and set a "neutral" rating for the company in a report on Tuesday, January 7th. Six analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $4.80.
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Lithium Americas Company Profile
(
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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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