Should I buy or sell Lithium Americas stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lithium Americas in the last year. There are currently 1 sell rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" LAC shares. View LAC analyst ratings or view top-rated stocks .

What is Lithium Americas' stock price target for 2024?

4 Wall Street analysts have issued 1-year price objectives for Lithium Americas' stock. Their LAC share price targets range from C$12.50 to C$55.00. On average, they expect the company's share price to reach C$27.83 in the next year. This suggests a possible upside of 230.6% from the stock's current price. View analysts price targets for LAC or view top-rated stocks among Wall Street analysts .

How have LAC shares performed in 2023?

Lithium Americas' stock was trading at C$25.67 at the beginning of the year. Since then, LAC shares have decreased by 67.2% and is now trading at C$8.42. View the best growth stocks for 2023 here .

When is Lithium Americas' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, March 29th 2024. View our LAC earnings forecast .

How were Lithium Americas' earnings last quarter?

Lithium Americas Corp. (TSE:LAC) issued its quarterly earnings results on Tuesday, November, 7th. The company reported $0.05 EPS for the quarter, topping analysts' consensus estimates of ($0.10) by $0.15.

What other stocks do shareholders of Lithium Americas own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lithium Americas investors own include Sociedad Química y Minera de Chile (SQM) , Nemaska Lithium (NMX) , Bank of Nova Scotia (BNS) , Air Canada (AC) , Canadian Natural Resources (CNQ) , Advanced Micro Devices (AMD) , Alibaba Group (BABA) , Highpower International (HPJ) , NVIDIA (NVDA) and Vistagen Therapeutics (VTGN) .

How do I buy shares of Lithium Americas?

Shares of LAC stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

Lithium Americas Stock Price, News & Analysis (TSE:LAC)

C$8.42

-0.31 (-3.55%)

(As of 12/5/2023 ET)

Compare

Today's Range: C$8.42
▼
C$8.83
50-Day Range: C$8.73
▼
C$23.26
52-Week Range: C$8.42
▼
C$36.21

Volume: 403,284 shs
Average Volume: 515,814 shs
Market Capitalization: C$1.35 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: C$27.83

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines Insider Trades

Lithium Americas MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 230.6% Upside
C$27.83 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.58
Based on 4 Articles This Week
Insider Trading: Acquiring Shares
C$5,418 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.63 out of 5 stars

3.3

Analyst's Opinion

Consensus Rating
Lithium Americas has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, no hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of C$27.83, Lithium Americas has a forecasted upside of 230.6% from its current price of C$8.42.
Amount of Analyst Coverage
Lithium Americas has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for LAC.

0.0

Dividend Strength

Dividend Yield
Lithium Americas does not currently pay a dividend.
Dividend Growth
Lithium Americas does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LAC.

0.8

News and Social Media Coverage

News Sentiment
Lithium Americas has a news sentiment score of -0.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.34 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Lithium Americas this week, compared to 2 articles on an average week.
Search Interest
Only 41 people have searched for LAC on MarketBeat in the last 30 days. This is a decrease of -45% compared to the previous 30 days.
MarketBeat Follows
Only 8 people have added Lithium Americas to their MarketBeat watchlist in the last 30 days. This is a decrease of -11% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lithium Americas insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$5,418.00 in company stock and sold C$0.00 in company stock.
Percentage Held by Insiders
12.97% of the stock of Lithium Americas is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 30.96% of the stock of Lithium Americas is held by institutions.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Lithium Americas is -70.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Lithium Americas is -70.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Lithium Americas has a P/B Ratio of 1.08. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Lithium Americas Stock (TSE:LAC)

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. The company was incorporated in 2023 and is headquartered in Vancouver, Canada.

LAC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

LAC Stock News Headlines

December 2, 2023 | americanbankingnews.com

Lithium Americas Corp. Forecasted to Earn FY2024 Earnings of $0.73 Per Share (TSE:LAC)

November 17, 2023 | finance.yahoo.com

First Phosphate Corp. Applauds Comments by Nobel Laureate Stanley Whittingham on LFP Battery Supply Chain in North America

December 5, 2023 | Edge On The Street (Ad)

The Battery Metal Nobody Told You About

According to McKinsey and Company, the battery storage market is growing rapidly, especially with the transition to clean, renewable energy. Lithium-ion batteries still grab most of the headlines. But analysts now call safe and long-lasting batteries made with vanadium "the future of battery tech."

November 14, 2023 | baystreet.ca

Five Top Lithium Stocks to Buy for New Year 2024

November 13, 2023 | wsj.com

Exxon Makes Lithium Play in Long-Term Bet on EV Demand

November 12, 2023 | oilprice.com

Time To Buy The Dip As Lithium Stocks Tank?

November 10, 2023 | finanznachrichten.de

Lithium Americas Corp.: Lithium Americas Provides Thacker Pass Update with Q3 2023 Carve-Out Financials and MD&A

November 9, 2023 | finance.yahoo.com

Lithium Americas Provides Thacker Pass Update with Q3 2023 Carve-Out Financials and MD&A

December 5, 2023 | Edge On The Street (Ad)

The Battery Metal Nobody Told You About

November 7, 2023 | seekingalpha.com

Lithium Americas: A Green Banana

November 4, 2023 | ca.finance.yahoo.com

Lithium Americas (Argentina) Corp. (LAAC)

November 3, 2023 | finance.yahoo.com

Q3 2023 NACCO Industries Inc Earnings Call

October 26, 2023 | theglobeandmail.com

Lithium Americas insiders buy as stock slides

October 18, 2023 | finance.yahoo.com

Why Lithium Americas Corp. Dived 10% Lower on Wednesday

October 18, 2023 | finance.yahoo.com

Arm initiated, SQM downgraded: Wall Street's top analyst calls

October 5, 2023 | msn.com

Lithium Americas: Divide And Conquer

October 4, 2023 | msn.com

Lithium Americas rips higher after completing split with Lithium Argentina

October 4, 2023 | msn.com

New Lithium Stock Is Another EV Play

September 30, 2023 | finance.yahoo.com

11 Best Battery Stocks To Buy Before They Take Off

September 29, 2023 | finance.yahoo.com

UPDATE 1-Lithium Americas in talks with US Energy Dept to secure over $1 bln loan - source

September 28, 2023 | finance.yahoo.com

Lithium Americas Announces Details for Completion of Separation

September 28, 2023 | msn.com

ALERT: Why I’m Buying This Lithium Stock Hand Over Fist Right Now

September 26, 2023 | finance.yahoo.com

Lithium Americas Corp. (TSE:LAC) About To Shift From Loss To Profit

September 24, 2023 | finance.yahoo.com

Lithium Stocks Down 38% to 49%: What Investors Should Do Now

September 22, 2023 | finance.yahoo.com

UPDATE 1-Argentina mining exports to near $4.5 bln in 2023 amid lithium boom - CAEM

September 22, 2023 | msn.com

Lithium Americas: This Is Ridiculous

September 12, 2023 | oilprice.com

U.S. Discovers Lithium Deposit Bigger Than Bolivia’s Salt Flats

See More Headlines

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Company Calendar

Last Earnings: 11/07/2023
Today: 12/05/2023
Next Earnings (Estimated): 3/29/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Other Industrial Metals & Mining
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: TSE:LAC
Previous Symbol: TSE:WLC
CUSIP: N/A
CIK: N/A
Web: lithiumamericas.com
Phone: +1-778-6565820
Fax: N/A
Employees: 749
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$27.83
High Stock Price Target: C$55.00
Low Stock Price Target: C$12.50
Potential Upside/Downside: +230.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.12)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 6.10
P/E Growth: N/A
Net Income: C$-30,690,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -1.11%
Return on Assets: -3.71%

Debt

Debt-to-Equity Ratio: 16.46
Current Ratio: 4.01
Quick Ratio: 52.06

Sales & Book Value

Annual Sales: C$-1,535,000.00
Price / Sales: -877.93
Cash Flow: C$0.77 per share
Price / Cash Flow: 10.91
Book Value: C$7.79 per share
Price / Book: 1.08

Miscellaneous

Outstanding Shares: 160,050,000
Free Float: N/A
Market Cap: C$1.35 billion
Optionable: Not Optionable
Beta: 1.58

12 Stocks Corporate Insiders are Abandoning

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

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Key Executives

Mr. Kelvin Paul Michael Dushnisky B.Sc. (Age 59)
B.Sc. (Hon.), L.L.B., M.Sc., Executive Chairman of Board
Mr. Jonathan D. Evans (Age 52)
President, CEO & Director
Mr. Pablo G. Mercado (Age 46)
Executive VP & CFO
Ms. April Hashimoto
Senior Vice President of Finance & Administration
Ms. Virginia Morgan
Vice President of Investor Relations & ESG
Mr. Edward Grandy (Age 55)
Senior VP, General Counsel & Corporate Secretary
Ms. Aubree Barnum P.H.R. (Age 38)
Vice President of Human Resources
Mr. Richard Gerspacher (Age 49)
Executive Vice President of Capital Projects

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

LAC Stock Analysis - Frequently Asked Questions

Should I buy or sell Lithium Americas stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lithium Americas in the last year. There are currently 1 sell rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" LAC shares.
View LAC analyst ratings or view top-rated stocks.
What is Lithium Americas' stock price target for 2024?: 4 Wall Street analysts have issued 1-year price objectives for Lithium Americas' stock. Their LAC share price targets range from C$12.50 to C$55.00. On average, they expect the company's share price to reach C$27.83 in the next year. This suggests a possible upside of 230.6% from the stock's current price.
View analysts price targets for LAC or view top-rated stocks among Wall Street analysts.
How have LAC shares performed in 2023?: Lithium Americas' stock was trading at C$25.67 at the beginning of the year. Since then, LAC shares have decreased by 67.2% and is now trading at C$8.42.
View the best growth stocks for 2023 here.
When is Lithium Americas' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, March 29th 2024.
View our LAC earnings forecast.

How were Lithium Americas' earnings last quarter?: Lithium Americas Corp. (TSE:LAC) issued its quarterly earnings results on Tuesday, November, 7th. The company reported $0.05 EPS for the quarter, topping analysts' consensus estimates of ($0.10) by $0.15.
What other stocks do shareholders of Lithium Americas own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Lithium Americas investors own include Sociedad Química y Minera de Chile (SQM), Nemaska Lithium (NMX), Bank of Nova Scotia (BNS), Air Canada (AC), Canadian Natural Resources (CNQ), Advanced Micro Devices (AMD), Alibaba Group (BABA), Highpower International (HPJ), NVIDIA (NVDA) and Vistagen Therapeutics (VTGN).
How do I buy shares of Lithium Americas?: Shares of LAC stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:LAC) was last updated on 12/5/2023 by MarketBeat.com Staff

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Lithium Americas Stock Price, News & Analysis (TSE:LAC)

Lithium Americas MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Lithium Americas Stock (TSE:LAC)

LAC Stock Price History

LAC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

LAC Stock Analysis - Frequently Asked Questions

Overall MarketRank^™