Lithium Americas (LAC) to Release Earnings on Tuesday

Lithium Americas (NYSE:LAC - Get Free Report) is set to announce its earnings results after the market closes on Tuesday, August 13th. Analysts expect the company to announce earnings of ($0.06) per share for the quarter. Persons interested in listening to the company's earnings conference call can do so using this link.

Lithium Americas (NYSE:LAC - Get Free Report) last posted its quarterly earnings results on Monday, May 13th. The company reported ($0.04) earnings per share for the quarter, meeting analysts' consensus estimates of ($0.04). On average, analysts expect Lithium Americas to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Lithium Americas Trading Down 0.9 %

Shares of NYSE:LAC traded down $0.02 on Tuesday, hitting $2.29. 2,450,564 shares of the company's stock were exchanged, compared to its average volume of 4,298,704. Lithium Americas has a 1-year low of $2.02 and a 1-year high of $12.38. The firm's 50-day moving average is $2.85 and its 200 day moving average is $4.33.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Eight Capital lowered their price target on Lithium Americas from $13.50 to $10.00 and set a "buy" rating for the company in a report on Tuesday, May 14th. HSBC dropped their target price on shares of Lithium Americas from $6.50 to $5.10 and set a "hold" rating on the stock in a research report on Friday, April 19th. National Bank Financial raised shares of Lithium Americas to a "hold" rating in a research report on Wednesday, June 5th. Finally, Piper Sandler initiated coverage on Lithium Americas in a report on Monday, July 29th. They set a "neutral" rating and a $3.90 price objective on the stock. Six analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $8.67.

Lithium Americas Company Profile

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.