Shares of Lithium Americas Corp. (TSE:LAC - Get Free Report) crossed 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 changing hands.
Analyst Ratings Changes
LAC has been the subject of several recent research reports. Evercore ISI upgraded Lithium Americas to a "strong-buy" rating in a research report on Thursday, April 17th. National Bank Financial cut Lithium Americas from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 16th. Four equities research 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. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of C$7.50.
Read Our Latest Stock Report on Lithium Americas
Lithium Americas Stock Performance
The company has a debt-to-equity ratio of 0.65, a current ratio of 13.88 and a quick ratio of 52.06. The firm has a fifty day simple moving average of C$3.96 and a 200 day simple moving average of C$4.40. The company has a market capitalization of C$576.62 million, a price-to-earnings ratio of -19.82 and a beta of 1.58.
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.
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