Lithium Americas (LAC) Stock Price, News & Analysis

Company Overview

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. was incorporated in 2023 and is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: C$5.33 to C$5.58
• 50-Day Range: C$3.03 to C$6.31
• 52-Week Range: C$2.87 to C$10.59
• Volume: 626,168 shs
• Average Volume: 816,714 shs
• Market Capitalization: C$1.21 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$7.38
• Consensus Rating: Moderate Buy

Lithium Americas Stock Analysis - MarketRank™

Lithium Americas scored higher than 36% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Lithium Americas has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Lithium Americas has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Lithium Americas is -34.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Lithium Americas is -34.81, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Lithium Americas has a P/B Ratio of 1.83. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for LAC.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Lithium Americas does not currently pay a dividend.

Dividend Growth

Lithium Americas does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for LAC.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.13

News Sentiment

Lithium Americas has a news sentiment score of 0.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Lithium Americas this week, compared to 2 articles on an average week.

Search Interest

Only 44 people have searched for LAC on MarketBeat in the last 30 days. This is a decrease of -24% compared to the previous 30 days.

MarketBeat Follows

13 people have added Lithium Americas to their MarketBeat watchlist in the last 30 days. This is an increase of 550% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Lithium Americas insiders have sold 93.57% more of their company's stock than they have bought. Specifically, they have bought C$44,748.00 in company stock and sold C$86,620.00 in company stock.

Percentage Held by Insiders

Only 7.40% of the stock of Lithium Americas is held by insiders.

Percentage Held by Institutions

Only 26.46% of the stock of Lithium Americas is held by institutions.

LAC Stock Analysis - Frequently Asked Questions

How have LAC shares performed this year?

Lithium Americas' stock was trading at C$8.50 at the beginning of 2024. Since then, LAC shares have decreased by 34.5% and is now trading at C$5.57.
View the best growth stocks for 2024 here.

How were Lithium Americas' earnings last quarter?

Lithium Americas Corp. (TSE:LAC) released its quarterly earnings results on Tuesday, November, 5th. The company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.03) by $0.01.

How do I buy shares of Lithium Americas?

Shares of LAC stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Lithium Americas own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Lithium Americas investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Sociedad Química y Minera de Chile (SQM), Bank of Nova Scotia (BNS), Canadian Natural Resources (CNQ) and Enbridge (ENB).

Company Calendar

• Last Earnings: 11/05/2024
• Today: 11/22/2024
• Next Earnings (Estimated): 3/21/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: Non-Metallic And Industrial Metal Mining
• Current Symbol: TSE:LAC
• Previous Symbol: TSE:WLC
• CUSIP: N/A
• CIK: N/A
• Web: lithiumamericas.com
• Phone: +1-778-6565820
• Fax: N/A
• Employees: 749
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$7.38
• High Stock Price Target: C$7.50
• Low Stock Price Target: C$7.25
• Potential Upside/Downside: +32.4%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.83
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.16)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 4.04
• P/E Growth: N/A
• Net Income: C$-25,390,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -5.33%
• Return on Assets: -3.41%

Debt

• Debt-to-Equity Ratio: 0.69
• Current Ratio: 20.15
• Quick Ratio: 52.06

Sales & Book Value

• Annual Sales: C$3.15 million
• Price / Sales: 385.48
• Cash Flow: C$0.51 per share
• Price / Cash Flow: 10.91
• Book Value: C$3.05 per share
• Price / Book: 1.83

Miscellaneous

• Outstanding Shares: 218,000,000
• Free Float: N/A
• Market Cap: C$1.21 billion
• Optionable: Not Optionable
• Beta: 1.58