Lithium Americas (LAC) Projected to Post Earnings on Tuesday

Key Points

• Lithium Americas is set to release its Q2 2025 earnings on August 12th, with analysts predicting a loss of ($0.04) per share.
• The stock recently traded at $2.55, down $0.11, and has a market cap of $557.10 million.
• Goldman Sachs increased its stake in Lithium Americas by 44.9% in the first quarter, highlighting institutional interest in the company.

Lithium Americas (NYSE:LAC - Get Free Report) is projected to announce its Q2 2025 earnings results before the market opens on Tuesday, August 12th. Analysts expect the company to announce earnings of ($0.04) per share for the quarter.

Lithium Americas (NYSE:LAC - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The company reported ($0.05) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.01). 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 Trading Up 1.3%

NYSE:LAC traded up $0.04 during trading hours on Friday, hitting $2.77. 1,916,405 shares of the company were exchanged, compared to its average volume of 5,390,810. The stock has a market capitalization of $605.26 million, a price-to-earnings ratio of -17.28 and a beta of 0.68. Lithium Americas has a one year low of $2.11 and a one year high of $5.20. The company has a fifty day simple moving average of $2.77 and a 200 day simple moving average of $2.84. The company has a current ratio of 10.35, a quick ratio of 10.35 and a debt-to-equity ratio of 0.02.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on LAC. National Bank Financial downgraded Lithium Americas from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 16th. National Bankshares lowered shares of Lithium Americas from an "outperform" rating to a "sector perform" rating in a report on Friday, May 16th. 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. Finally, Wedbush reaffirmed a "neutral" rating and issued a $5.00 price objective on shares of Lithium Americas in a research note on Friday, May 16th. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $3.88.

Institutional Investors Weigh In On Lithium Americas

An institutional investor recently raised its position in Lithium Americas stock. Goldman Sachs Group Inc. grew its holdings in shares of Lithium Americas Corp. (NYSE:LAC - Free Report) by 44.9% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,046,556 shares of the company's stock after buying an additional 324,518 shares during the period. Goldman Sachs Group Inc. owned approximately 0.48% of Lithium Americas worth $2,836,000 as of its most recent filing with the SEC.

About Lithium Americas

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.