Lithium Americas (LAC) to Release Earnings on Monday

Lithium Americas (NYSE:LAC - Get Free Report) is expected to be announcing its Q1 2025 earnings results before the market opens on Monday, May 12th. Analysts expect the company to announce earnings of ($0.03) per share for the quarter.

Lithium Americas (NYSE:LAC - Get Free Report) last released its quarterly earnings data on Friday, March 28th. The company reported ($0.11) earnings per share for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.09). 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 Stock Up 0.6 %

Shares of Lithium Americas stock traded up $0.02 on Friday, reaching $3.16. The company's stock had a trading volume of 3,835,188 shares, compared to its average volume of 5,527,453. Lithium Americas has a 52 week low of $2.02 and a 52 week high of $5.20. The company has a market capitalization of $691.05 million, a price-to-earnings ratio of -26.33 and a beta of 0.89. The firm's fifty day simple moving average is $2.83 and its two-hundred day simple moving average is $3.19.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on LAC shares. Scotiabank dropped their price target on Lithium Americas from $3.00 to $2.75 and set a "sector perform" rating on the stock in a research note on Monday, March 31st. Cormark upgraded Lithium Americas to a "moderate buy" rating in a research note on Friday, January 17th. National Bankshares restated an "outperform" rating on shares of Lithium Americas in a research report on Wednesday, April 2nd. Finally, Evercore ISI assumed coverage on shares of Lithium Americas in a research report on Thursday, April 17th. They issued an "outperform" rating and a $4.50 price target on the stock. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $4.75.

Lithium Americas Company Profile

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.