NYSE:LAAC

Lithium Americas (Argentina) (LAAC) Stock Price, News & Analysis

$4.73
-0.27 (-5.40%)
(As of 05/15/2024 ET)
Today's Range
$4.69
$5.11
50-Day Range
$4.73
$5.67
52-Week Range
$3.84
$8.79
Volume
1.58 million shs
Average Volume
1.61 million shs
Market Capitalization
$762.00 million
P/E Ratio
0.59
Dividend Yield
N/A
Price Target
$10.70

Lithium Americas (Argentina) MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
126.2% Upside
$10.70 Price Target
Short Interest
Bearish
7.43% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.88mentions of Lithium Americas (Argentina) in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
83.33%
From $0.42 to $0.77 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.79 out of 5 stars

Basic Materials Sector

55th out of 176 stocks

Metal Mining Industry

5th out of 23 stocks

LAAC stock logo

About Lithium Americas (Argentina) Stock (NYSE:LAAC)

Lithium Americas (Argentina) Corp. operates as a resource company. The company explores for lithium deposits. The company owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina. It also has a pipeline of development and exploration stage projects, including the Pastos Grandes project and the Sal de la Puna project located in Salta Province in northwestern Argentina. Lithium Americas (Argentina) Corp. is headquartered in Vancouver, Canada.

LAAC Stock Price History

LAAC Stock News Headlines

Lithium Overdose: Can These 2 Lithium Stocks Recover in 2024?
The electric vehicle (EV) trend brought the spotlight on the demand for lithium used in EV batteries. The fear of a dwindling supply of lithium and growing demand for it caused lithium carbonate prices to surge as high as $81,360 per tonne in November 2022.
LAAC Lithium Americas (Argentina) Corp.
Lithium Argentina Reports First Quarter 2024 Results
LAAC:CA Lithium Americas (Argentina) Corp.
See More Headlines
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Company Calendar

Last Earnings
5/13/2024
Today
5/15/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Metal mining
Sub-Industry
N/A
Fax
N/A
Employees
850
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.70
High Stock Price Target
$18.50
Low Stock Price Target
$6.50
Potential Upside/Downside
+126.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$1.29 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Cash Flow
$0.16 per share
Book Value
$5.16 per share

Miscellaneous

Free Float
129,202,000
Market Cap
$762.00 million
Optionable
Optionable
Beta
1.33
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Key Executives

  • Mr. John Anthony Kanellitsas B.S. (Age 62)
    M.B.A., Executive Chairman
    Comp: $635.84k
  • Mr. Ignacio Celorrio (Age 51)
    Executive VP of Legal, Government & External Affairs
    Comp: $617.71k
  • Mr. Samuel Pigott (Age 40)
    CEO, President & Director
  • Mr. Alexander Shulga
    VP & CFO
  • Mr. Mariano Chiappori
    VP & Chief Operating Officer
  • Ms. Kelly O'Brien
    VP of Investor Relations & ESG
  • Mr. Edward Grandy (Age 55)
    Senior VP, General Counsel & Corporate Secretary
  • Ms. Rona Sellers
    Vice President of Compliance
  • Mr. Jose Manuel Aggio
    VP & Chief Human Resources Officer
  • Mr. Dennis P. Bryan P.E.
    Senior Vice President of Development

LAAC Stock Analysis - Frequently Asked Questions

Should I buy or sell Lithium Americas (Argentina) stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lithium Americas (Argentina) in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" LAAC shares.
View LAAC analyst ratings
or view top-rated stocks.

What is Lithium Americas (Argentina)'s stock price target for 2024?

5 equities research analysts have issued 1 year price targets for Lithium Americas (Argentina)'s stock. Their LAAC share price targets range from $6.50 to $18.50. On average, they anticipate the company's stock price to reach $10.70 in the next twelve months. This suggests a possible upside of 126.2% from the stock's current price.
View analysts price targets for LAAC
or view top-rated stocks among Wall Street analysts.

How have LAAC shares performed in 2024?

Lithium Americas (Argentina)'s stock was trading at $6.32 at the start of the year. Since then, LAAC stock has decreased by 25.2% and is now trading at $4.73.
View the best growth stocks for 2024 here
.

Are investors shorting Lithium Americas (Argentina)?

Lithium Americas (Argentina) saw a drop in short interest in March. As of March 31st, there was short interest totaling 8,750,000 shares, a drop of 9.5% from the March 15th total of 9,670,000 shares. Based on an average trading volume of 1,810,000 shares, the short-interest ratio is currently 4.8 days. Approximately 7.3% of the company's shares are sold short.
View Lithium Americas (Argentina)'s Short Interest
.

When is Lithium Americas (Argentina)'s next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024.
View our LAAC earnings forecast
.

How were Lithium Americas (Argentina)'s earnings last quarter?

Lithium Americas (Argentina) Corp. (NYSE:LAAC) released its quarterly earnings data on Monday, May, 13th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by $0.10. During the same period in the previous year, the company posted ($0.04) earnings per share.

Who are Lithium Americas (Argentina)'s major shareholders?

Lithium Americas (Argentina)'s stock is owned by a number of retail and institutional investors. Top institutional shareholders include General Motors Holdings LLC (9.31%), Vanguard Group Inc. (2.21%), Van ECK Associates Corp (1.43%), M&G Plc (0.74%), Hartree Partners LP (0.55%) and Thomist Capital Management LP (0.37%).

How do I buy shares of Lithium Americas (Argentina)?

Shares of LAAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:LAAC) was last updated on 5/15/2024 by MarketBeat.com Staff

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