Lithium Americas Corp. (TSE:LAC - Get Free Report)'s share price was up 6.4% during trading on Thursday . The company traded as high as C$3.85 and last traded at C$3.85. Approximately 313,950 shares were traded during mid-day trading, a decline of 32% from the average daily volume of 459,900 shares. The stock had previously closed at C$3.62.
Analyst Ratings Changes
A number of equities analysts have commented on LAC shares. 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 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 stock. Based on data from MarketBeat, Lithium Americas presently has an average rating of "Moderate Buy" and a consensus price target of C$7.50.
View Our Latest Report on LAC
Lithium Americas Trading Up 0.5%
The company has a quick ratio of 52.06, a current ratio of 13.88 and a debt-to-equity ratio of 0.65. The company has a market cap of C$593.36 million, a P/E ratio of -20.40 and a beta of 1.58. The business has a 50-day moving average price of C$3.82 and a two-hundred day moving average price of C$4.06.
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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