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Scotiabank Has Optimistic Outlook of TSE:LAC FY2025 Earnings

Lithium Americas logo with Basic Materials background

Lithium Americas Corp. (TSE:LAC - Free Report) - Stock analysts at Scotiabank upped their FY2025 earnings per share (EPS) estimates for Lithium Americas in a research report issued on Tuesday, May 20th. Scotiabank analyst B. Isaacson now expects that the company will post earnings of ($0.25) per share for the year, up from their previous 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 equities analysts have also commented 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 research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Lithium Americas has an average rating of "Moderate Buy" and an average price target of C$7.50.

Read Our Latest Research Report on Lithium Americas

Lithium Americas Trading Up 3.4%

Shares of LAC opened at C$3.94 on Friday. Lithium Americas has a 1-year low of C$2.87 and a 1-year high of C$7.22. The company has a market capitalization of C$599.45 million, a P/E ratio of -20.61 and a beta of 1.58. The company has a debt-to-equity ratio of 0.65, a current ratio of 13.88 and a quick ratio of 52.06. The firm's 50 day simple moving average is C$3.97 and its 200 day simple moving average is C$4.44.

Lithium Americas Company Profile

(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.

See Also

Earnings History and Estimates for Lithium Americas (TSE:LAC)

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