Shares of Lithium Americas Corp. (TSE:LAC - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$3.96 and traded as low as C$3.90. Lithium Americas shares last traded at C$4.08, with a volume of 904,837 shares.
Analyst Ratings Changes
Separately, National Bank Financial downgraded Lithium Americas from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 16th. Three equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of C$7.50.
Check Out Our Latest Stock Analysis on LAC
Lithium Americas Stock 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 50-day moving average of C$3.82 and a 200-day moving average of C$3.95. The stock has a market capitalization of C$616.18 million, a price-to-earnings ratio of -21.18 and a beta of 1.58.
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.
Further Reading
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