Lithium Americas Corp. (TSE:LAC - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 traded.
Analyst Upgrades and Downgrades
LAC has been the subject of a number of recent analyst reports. National Bank Financial lowered Lithium Americas from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 16th. Evercore ISI raised Lithium Americas to a "strong-buy" rating in a research report on Thursday, April 17th. Four investment analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Lithium Americas presently has a consensus rating of "Moderate Buy" and a consensus target price of C$7.50.
View Our Latest Research Report on LAC
Lithium Americas Stock Up 0.8%
The stock has a market cap of C$576.62 million, a PE ratio of -19.82 and a beta of 1.58. 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 company's 50-day moving average price is C$3.87 and its 200 day moving average price is C$4.12.
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.
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