Lithium Americas Corp. (TSE:LAC - Get Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$4.44 and traded as low as C$4.13. Lithium Americas shares last traded at C$4.18, with a volume of 255,817 shares.
Analyst Ratings Changes
LAC has been the subject of a number of research analyst reports. Wedbush upgraded Lithium Americas to a "hold" rating in a report on Thursday, December 19th. Cormark raised Lithium Americas to a "moderate buy" rating in a research report on Friday, January 17th. Finally, National Bankshares upped their target price on Lithium Americas from C$7.25 to C$7.50 and gave the stock an "outperform" rating in a research report on Friday, January 10th. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Lithium Americas currently has an average rating of "Moderate Buy" and an average price target of C$7.50.
View Our Latest Research Report on LAC
Lithium Americas Trading Down 6.1 %
The company has a quick ratio of 52.06, a current ratio of 13.88 and a debt-to-equity ratio of 0.65. The company has a market capitalization of C$590.32 million, a price-to-earnings ratio of -20.29 and a beta of 1.58. The company has a 50-day moving average price of C$4.25 and a 200-day moving average price of C$4.46.
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.
Further Reading
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