Lithium Americas (NYSE:LAC - Get Free Report) is set to release its earnings data after the market closes on Tuesday, November 5th. Analysts expect Lithium Americas to post earnings of ($0.02) per share for the quarter.
Lithium Americas (NYSE:LAC - Get Free Report) last issued its quarterly earnings data on Tuesday, August 13th. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.02). On average, analysts expect Lithium Americas to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Lithium Americas Trading Up 8.8 %
Shares of NYSE LAC traded up $0.37 during mid-day trading on Tuesday, reaching $4.51. The company had a trading volume of 45,364,298 shares, compared to its average volume of 5,078,016. Lithium Americas has a 52-week low of $2.02 and a 52-week high of $7.86. The firm has a 50 day simple moving average of $2.68 and a two-hundred day simple moving average of $3.17.
Analyst Upgrades and Downgrades
LAC has been the subject of a number of research analyst reports. B. Riley decreased their target price on Lithium Americas from $4.50 to $4.00 and set a "buy" rating for the company in a research report on Friday, August 16th. BMO Capital Markets upgraded shares of Lithium Americas to a "hold" rating in a research report on Wednesday, October 23rd. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Lithium Americas from $3.00 to $2.50 and set a "hold" rating for the company in a research report on Friday, August 16th. Piper Sandler started coverage on Lithium Americas in a report on Monday, July 29th. They set a "neutral" rating and a $3.90 price target on the stock. Finally, National Bank Financial upgraded Lithium Americas from a "sector perform" rating to an "outperform" rating in a research note on Thursday, October 17th. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Lithium Americas currently has a consensus rating of "Hold" and a consensus target price of $5.50.
Get Our Latest Report on Lithium Americas
Lithium Americas Company Profile
(
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.
Read More
Before you consider Lithium Americas, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lithium Americas wasn't on the list.
While Lithium Americas currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
