Shares of Lithium Americas Corp. (TSE:LAC - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$4.04 and traded as low as C$3.63. Lithium Americas shares last traded at C$3.64, with a volume of 1,074,286 shares traded.
Wall Street Analyst Weigh In
LAC has been the subject of a number of research reports. National Bank Financial downgraded Lithium Americas from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 16th. Evercore ISI upgraded Lithium Americas to a "strong-buy" rating in a research report on Thursday, April 17th. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of C$7.50.
Check Out Our Latest Research Report on LAC
Lithium Americas Price Performance
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$535.55 million, a P/E ratio of -18.41 and a beta of 1.58. The company has a 50-day moving average of C$3.80 and a 200 day moving average of C$4.02.
Lithium Americas Company Profile
(
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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.
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