Shares of Lithium Americas Corp. (TSE:LAC - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$4.41 and traded as low as C$4.15. Lithium Americas shares last traded at C$4.32, with a volume of 385,897 shares trading hands.
Analyst Ratings Changes
A number of research firms recently commented on LAC. Cormark raised shares of Lithium Americas to a "moderate buy" rating in a research note on Friday, January 17th. National Bankshares raised 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. Finally, Wedbush raised Lithium Americas to a "hold" rating in a research report on Thursday, December 19th. Three 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 company. According to data from MarketBeat, Lithium Americas presently has an average rating of "Moderate Buy" and an average price target of C$7.50.
View Our Latest Stock Report on LAC
Lithium Americas Stock Up 2.4 %
The business's 50 day simple moving average is C$4.33 and its 200-day simple moving average is C$4.42. The company has a debt-to-equity ratio of 0.65, a quick ratio of 52.06 and a current ratio of 13.88. The company has a market cap of C$661.83 million, a price-to-earnings ratio of -22.75 and a beta of 1.58.
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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