Lithium Americas Corp. (TSE:LAC - Get Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$4.52 and traded as low as C$3.99. Lithium Americas shares last traded at C$4.08, with a volume of 89,185 shares changing hands.
Wall Street Analyst Weigh In
LAC has been the subject of several research analyst reports. Evercore ISI raised Lithium Americas to a "strong-buy" rating in a research note on Thursday, April 17th. Cormark upgraded Lithium Americas to a "moderate buy" rating in a research report on Friday, January 17th. Finally, National Bankshares boosted their price target on Lithium Americas from C$7.25 to C$7.50 and gave the stock an "outperform" rating in a research report on Friday, January 10th. Three investment analysts have rated the stock with a hold rating, one has given a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "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 quick ratio of 52.06, a current ratio of 13.88 and a debt-to-equity ratio of 0.65. The stock has a 50-day moving average of C$3.99 and a 200 day moving average of C$4.51. The stock has a market cap of C$670.95 million, a PE ratio of -23.07 and a beta of 1.58.
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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