Lithium Americas Corp. (TSE:LAC - Free Report) - Equities research analysts at Scotiabank raised their FY2025 earnings estimates for shares of Lithium Americas in a report issued on Tuesday, May 20th. Scotiabank analyst B. Isaacson now expects that the company will post earnings per share of ($0.25) for the year, up from their prior estimate of ($0.37). The consensus estimate for Lithium Americas' current full-year earnings is $1.38 per share. Scotiabank also issued estimates for Lithium Americas' FY2026 earnings at ($0.25) EPS.
A number of other brokerages have also weighed in on LAC. National Bank Financial lowered shares of Lithium Americas from a "strong-buy" rating to a "hold" rating in a report on Friday, May 16th. Evercore ISI raised Lithium Americas to a "strong-buy" rating in a research note on Thursday, April 17th. Four investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of C$7.50.
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Lithium Americas Price Performance
LAC traded up C$0.02 during trading on Friday, hitting C$3.83. The company's stock had a trading volume of 85,109 shares, compared to its average volume of 427,112. The firm's 50 day moving average price is C$3.95 and its two-hundred day moving average price is C$4.39. The stock has a market capitalization of C$582.71 million, a price-to-earnings ratio of -20.03 and a beta of 1.58. The company has a quick ratio of 52.06, a current ratio of 13.88 and a debt-to-equity ratio of 0.65. Lithium Americas has a 12 month low of C$2.87 and a 12 month high of C$7.22.
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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