Shares of Lithium Americas Corp. (TSE:LAC - Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$4.10 and traded as low as C$3.63. Lithium Americas shares last traded at C$3.69, with a volume of 414,846 shares trading hands.
Analyst Upgrades and Downgrades
A number of analysts have weighed in on the company. National Bank Financial cut Lithium Americas from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 16th. Evercore ISI raised shares of Lithium Americas to a "strong-buy" rating in a report on Thursday, April 17th. Four investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of C$7.50.
Check Out Our Latest Stock Report on Lithium Americas
Lithium Americas Stock 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 stock has a market cap of C$558.37 million, a P/E ratio of -19.20 and a beta of 1.58. The company has a 50-day simple moving average of C$3.85 and a 200-day simple moving average of C$4.09.
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.
Read More
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
Looking for the next FAANG stock before everyone has heard about it? Enter your email address to see which stocks MarketBeat analysts think might become the next trillion dollar tech company.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
