Lithium Americas Corp. (TSE:LAC - Get Free Report)'s share price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$4.51 and traded as low as C$4.18. Lithium Americas shares last traded at C$4.24, with a volume of 434,582 shares.
Analysts Set New Price Targets
Separately, Evercore ISI upgraded shares of Lithium Americas to a "strong-buy" rating in a research report on Thursday, April 17th. Three analysts have rated the stock with a hold rating, one has issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of C$7.50.
Get Our Latest Report on Lithium Americas
Lithium Americas Trading Down 10.0%
The company has a debt-to-equity ratio of 0.65, a quick ratio of 52.06 and a current ratio of 13.88. The firm has a market cap of C$599.45 million, a price-to-earnings ratio of -20.61 and a beta of 1.58. The company's 50-day moving average is C$3.99 and its 200-day moving average is C$4.48.
Lithium Americas Company Profile
(
Get Free Report)
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.
Featured Stories
Before you consider Lithium Americas, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Lithium Americas wasn't on the list.
While Lithium Americas currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
