Lithium Americas Corp. (TSE:LAC - Get Free Report)'s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$4.27 and traded as low as C$3.74. Lithium Americas shares last traded at C$3.75, with a volume of 507,881 shares trading hands.
Wall Street Analyst Weigh In
LAC has been the subject of a number of research analyst reports. National Bank Financial cut shares of Lithium Americas from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 16th. Evercore ISI upgraded shares of Lithium Americas to a "strong-buy" rating in a research report on Thursday, April 17th. Four analysts have rated the stock with a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of C$7.50.
Check Out Our Latest Report on Lithium Americas
Lithium Americas Price 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 stock has a 50 day simple moving average of C$3.88 and a two-hundred day simple moving average of C$4.24. The company has a market cap of C$550.76 million, a price-to-earnings ratio of -18.93 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.
Further Reading
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.
