Shares of Lithium Americas Corp. (TSE:LAC - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$4.14 and traded as low as C$3.53. Lithium Americas shares last traded at C$3.55, with a volume of 442,371 shares changing hands.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on LAC. National Bank Financial cut shares of Lithium Americas from a "strong-buy" rating to a "hold" rating in a report on Friday, May 16th. Evercore ISI raised shares of Lithium Americas to a "strong-buy" rating in a report on Thursday, April 17th. Four research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of C$7.50.
Get Our Latest Stock Report on LAC
Lithium Americas Trading Up 0.6%
The company has a debt-to-equity ratio of 0.65, a quick ratio of 52.06 and a current ratio of 13.88. The stock has a market cap of C$540.11 million, a P/E ratio of -18.57 and a beta of 1.58. The stock's fifty day moving average is C$3.87 and its 200 day moving average is C$4.14.
About Lithium Americas
(
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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