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TSE:LAC

Lithium Americas (LAC) Stock Price, News & Analysis

Lithium Americas logo
C$4.27 +0.05 (+1.18%)
(As of 12/20/2024 05:17 PM ET)

About Lithium Americas Stock (TSE:LAC)

Key Stats

Today's Range
C$4.15
C$4.38
50-Day Range
C$3.70
C$6.31
52-Week Range
C$2.87
C$10.59
Volume
487,042 shs
Average Volume
806,478 shs
Market Capitalization
C$930.86 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
C$7.38
Consensus Rating
Moderate Buy

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.

Lithium Americas Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
35th Percentile Overall Score

LAC MarketRank™: 

Lithium Americas scored higher than 35% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Lithium Americas has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Lithium Americas has only been the subject of 4 research reports in the past 90 days.

  • Read more about Lithium Americas' stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Lithium Americas is -26.69, 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 -26.69, 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 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Short Interest

    There is no current short interest data available for LAC.
  • Dividend Yield

    Lithium Americas does not currently pay a dividend.

  • Dividend Growth

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

  • Short Interest

    There is no current short interest data available for LAC.
  • News Sentiment

    Lithium Americas has a news sentiment score of 0.93. 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 higher news sentiment than the 0.48 average news sentiment score of Basic Materials companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Lithium Americas this week, compared to 2 articles on an average week.
  • Search Interest

    Only 30 people have searched for LAC on MarketBeat in the last 30 days. This is a decrease of -32% compared to the previous 30 days.
  • MarketBeat Follows

    Only 1 people have added Lithium Americas to their MarketBeat watchlist in the last 30 days. This is a decrease of -92% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Lithium Americas insiders have bought 2,042.08% more of their company's stock than they have sold. Specifically, they have bought C$44,748.00 in company stock and sold C$2,089.00 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.

  • Read more about Lithium Americas' insider trading history.
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LAC Stock News Headlines

FY2024 Earnings Forecast for TSE:LAC Issued By Wedbush
Is Starlink Set For The Largest IPO In History?
He turned PayPal from a tiny, off-the-radar startup… to a massive $64 billion giant. Then, he did it again with Tesla… which is up more than 19,500% since 2010. For perspective, that turns $100 invested into almost $20,000!
Lithium Americas price target raised to $3 from $2.50 at Scotiabank
Lithium Americas price target raised to $5 from $4.50 at B. Riley
Lithium Americas Reports Third Quarter 2024 Results
See More Headlines

LAC Stock Analysis - Frequently Asked Questions

Lithium Americas' stock was trading at C$8.50 at the start of the year. Since then, LAC stock has decreased by 49.8% and is now trading at C$4.27.
View the best growth stocks for 2024 here
.

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

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.

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
12/23/2024

Industry, Sector and Symbol

Industry
Other Industrial Metals & Mining
Sub-Industry
Non-Metallic And Industrial Metal Mining
CIK
N/A
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
+72.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
C$-25,390,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$3.15 million
Cash Flow
C$0.39 per share
Book Value
C$3.05 per share

Miscellaneous

Free Float
N/A
Market Cap
C$930.86 million
Optionable
Not Optionable
Beta
1.58
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This page (TSE:LAC) was last updated on 12/23/2024 by MarketBeat.com Staff
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