Lithium Americas Corp. (TSE:LAC - Free Report) - Research analysts at Scotiabank cut their FY2025 earnings estimates for Lithium Americas in a research report issued to clients and investors on Monday, April 22nd. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings of $0.30 per share for the year, down from their prior estimate of $0.38. The consensus estimate for Lithium Americas' current full-year earnings is $1.38 per share.
Lithium Americas (TSE:LAC - Get Free Report) last issued its quarterly earnings results on Friday, March 15th. The company reported C($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C($0.04) by C($0.07).
Separately, JPMorgan Chase & Co. decreased their price target on shares of Lithium Americas from C$10.00 to C$7.50 and set a "neutral" rating for the company in a research note on Thursday, February 8th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of C$22.75.
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Lithium Americas Stock Down 1.7 %
Lithium Americas stock traded down C$0.11 during trading on Tuesday, reaching C$6.41. The stock had a trading volume of 1,187,041 shares, compared to its average volume of 656,894. Lithium Americas has a 52-week low of C$5.17 and a 52-week high of C$31.34. The business has a 50 day moving average price of C$7.84 and a 200 day moving average price of C$8.45. The company has a quick ratio of 52.06, a current ratio of 8.38 and a debt-to-equity ratio of 0.97. The stock has a market cap of C$1.04 billion, a PE ratio of -213.33 and a beta of 1.58.
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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