Shares of Lithium Americas Corp. (TSE:LAC - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$4.31 and traded as low as C$4.28. Lithium Americas shares last traded at C$4.37, with a volume of 597,383 shares.
Analyst Upgrades and Downgrades
LAC has been the topic of a number of analyst reports. Wedbush raised shares of Lithium Americas to a "hold" rating in a report on Thursday, December 19th. Cormark raised shares of Lithium Americas to a "moderate buy" rating in a report on Friday, January 17th. Finally, National Bankshares raised their target price on shares of 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. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of C$7.50.
Check Out Our Latest Analysis on Lithium Americas
Lithium Americas Stock Performance
The stock has a market cap of C$639.00 million, a price-to-earnings ratio of -21.97 and a beta of 1.58. 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's 50 day simple moving average is C$4.48 and its 200 day simple moving average is C$4.32.
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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