Shares of Lithium Americas Corp. (TSE:LAC - Get Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$4.07 and traded as low as C$3.65. Lithium Americas shares last traded at C$3.88, with a volume of 2,085,507 shares trading hands.
Analyst Upgrades and Downgrades
Several analysts recently commented on the company. Evercore ISI raised Lithium Americas to a "strong-buy" rating in a research note on Thursday, April 17th. National Bank Financial lowered Lithium Americas from a "strong-buy" rating to a "hold" rating in a research note on Friday, May 16th. Four investment analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of C$7.50.
Check Out Our Latest Report on Lithium Americas
Lithium Americas Trading Up 7.2%
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 company has a market cap of C$590.32 million, a price-to-earnings ratio of -20.29 and a beta of 1.58. The business has a 50 day simple moving average of C$3.82 and a 200 day simple moving average of C$4.07.
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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