Lithium Americas Corp. (TSE:LAC - Get Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$3.93 and traded as low as C$3.93. Lithium Americas shares last traded at C$4.13, with a volume of 790,247 shares traded.
Analyst Upgrades and Downgrades
Several equities analysts have commented on LAC shares. Cormark upgraded shares of Lithium Americas to a "moderate buy" rating in a research report on Wednesday, August 20th. National Bank Financial downgraded shares of Lithium Americas from a "strong-buy" rating to a "hold" rating in a report on Friday, May 16th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of C$7.50.
Read Our Latest Stock Report on Lithium Americas
Lithium Americas Stock Down 4.9%
The company has a 50-day simple moving average of C$3.90 and a 200-day simple moving average of C$3.92. The firm has a market cap of C$944.90 million, a PE ratio of -15.64 and a beta of 1.26. The company has a debt-to-equity ratio of 0.65, a current ratio of 13.88 and a quick ratio of 52.06.
About Lithium Americas
(
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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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