Lithium Americas Corp. (TSE:LAC - Free Report) - Equities research analysts at National Bank Financial decreased their FY2025 earnings estimates for shares of Lithium Americas in a research note issued on Wednesday, October 16th. National Bank Financial analyst M. Sidibe now forecasts that the company will post earnings of ($0.29) per share for the year, down from their previous estimate of ($0.01). National Bank Financial has a "Strong-Buy" rating on the stock. The consensus estimate for Lithium Americas' current full-year earnings is $1.38 per share. National Bank Financial also issued estimates for Lithium Americas' FY2026 earnings at ($0.33) EPS and FY2027 earnings at ($0.44) EPS.
Lithium Americas (TSE:LAC - Get Free Report) last released its quarterly earnings data on Tuesday, August 13th. The company reported C($0.07) EPS for the quarter, missing the consensus estimate of C($0.03) by C($0.04).
LAC has been the subject of several other research reports. Piper Sandler cut Lithium Americas from a "strong-buy" rating to a "hold" rating in a report on Monday, July 29th. National Bankshares raised Lithium Americas from a "sector perform" rating to an "outperform" rating and boosted their price target for the company from C$5.75 to C$7.25 in a report on Thursday. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, Lithium Americas has an average rating of "Buy" and an average target price of C$9.08.
Get Our Latest Research Report on Lithium Americas
Lithium Americas Stock Performance
TSE LAC traded down C$0.17 on Monday, reaching C$4.15. 1,593,358 shares of the company's stock traded hands, compared to its average volume of 729,036. The stock has a 50 day moving average price of C$3.47 and a 200-day moving average price of C$4.66. The firm has a market cap of C$904.70 million, a price-to-earnings ratio of -25.25 and a beta of 1.58. The company has a debt-to-equity ratio of 0.69, a quick ratio of 52.06 and a current ratio of 20.15. Lithium Americas has a fifty-two week low of C$2.87 and a fifty-two week high of C$10.75.
Insider Buying and Selling
In related news, Senior Officer Oleksandr Shulga sold 24,862 shares of the business's stock in a transaction dated Friday, September 13th. The shares were sold at an average price of C$3.40, for a total transaction of C$84,530.80. 7.40% of the stock is currently owned by insiders.
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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