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$4.44 and traded as low as C$3.79. Lithium Americas shares last traded at C$3.81, with a volume of 401,016 shares traded.
Analyst Ratings Changes
Several brokerages have recently commented on LAC. Evercore ISI raised shares of Lithium Americas to a "strong-buy" rating in a report on Thursday, April 17th. National Bank Financial cut shares of Lithium Americas from a "strong-buy" rating to a "hold" rating in a report on Friday, May 16th. Four analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Lithium Americas presently has an average rating of "Moderate Buy" and an average price target of C$7.50.
Read Our Latest Analysis on LAC
Lithium Americas Price Performance
The company has a current ratio of 13.88, a quick ratio of 52.06 and a debt-to-equity ratio of 0.65. The firm has a market cap of C$591.84 million, a price-to-earnings ratio of -20.35 and a beta of 1.58. The company's 50-day moving average is C$3.96 and its 200-day moving average is C$4.42.
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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