TSE:LAC

Lithium Americas (LAC) Stock Forecast, Price & News

C$21.79

-0.15 (-0.68%)

(As of 12:50 PM ET)

Compare

Today's Range: C$21.60
▼
C$22.22
50-Day Range: C$21.94
▼
C$28.46
52-Week Range: C$21.37
▼
C$39.72

Volume: 206,450 shs
Average Volume: 524,489 shs
Market Capitalization: C$3.49 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: C$41.00

Profile Analyst Ratings Chart Competitors Earnings Insider Trades Headlines Social Media

Lithium Americas MarketRank™ Forecast

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 86.9% Upside
C$41.00 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.13
Based on 14 Articles This Week
Insider Trading: N/A
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.

1.66 out of 5 stars

3.2

Analyst's Opinion

Consensus Rating
Lithium Americas has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 3 buy ratings, 1 hold rating, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of C$41.00, Lithium Americas has a forecasted upside of 86.9% from its current price of C$21.94.
Amount of Analyst Coverage
Lithium Americas has received no research coverage 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.

2.9

News and Social Media Coverage

News Sentiment
Lithium Americas has a news sentiment score of 0.13. 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 0.35 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 14 news articles for Lithium Americas this week, compared to 2 articles on an average week.
Search Interest
76 people have searched for LAC on MarketBeat in the last 30 days. This is an increase of 29% compared to the previous 30 days.
MarketBeat Follows
6 people have added Lithium Americas to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lithium Americas insiders have not sold or bought any 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 -168.77, 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 -168.77, 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 2.82. 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 (TSE:LAC) Stock

Lithium Americas Corp. operates as a resource company in the United States and Argentina. The company explores for lithium deposits. It owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina; Thacker Pass project located in north-western Nevada; and Pastos Grandes project located in the Salta province of Argentina. The company was formerly known as Western Lithium USA Corporation and changed its name to Lithium Americas Corp. in March 2016. Lithium Americas Corp. is headquartered in Vancouver, Canada.

LAC Price History

30 days | 90 days | 365 days | Advanced Chart

LAC Stock News Headlines

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

October 3, 2023 | Behind the Markets (Ad)

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September 29, 2023 | americanbankingnews.com

Analysts Set Expectations for Lithium Americas Corp.'s Q4 2023 Earnings (TSE:LAC)

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 28, 2023 | americanbankingnews.com

FY2024 Earnings Estimate for Lithium Americas Corp. (TSE:LAC) Issued By Cormark

September 27, 2023 | americanbankingnews.com

Lithium Americas (TSE:LAC) Stock Price Crosses Below 200 Day Moving Average of $26.79

October 3, 2023 | Chaikin Analytics (Ad)

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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

September 12, 2023 | msn.com

The world's largest deposit of lithium may have been discovered inside a US supervolcano, helping to boost a mining company's stock price

September 11, 2023 | msn.com

Lithium Americas project in U.S. volcano 'could be biggest deposit ever found'

September 1, 2023 | markets.businessinsider.com

Lithium Americas (LAC) Gets a Buy from Piper Sandler

August 24, 2023 | msn.com

Lithium Americas: Game Time

August 24, 2023 | theglobeandmail.com

Top Reasons to Invest in These Five Lithium Stocks Today

August 15, 2023 | finance.yahoo.com

Graphite Is The Big Winner In A Multi-Trillion Dollar EV Boom

August 9, 2023 | msn.com

Why Lithium Americas (LAC) Might Surprise This Earnings Season

August 1, 2023 | msn.com

Lithium Americas shareholders OK split of U.S., Argentina businesses

August 1, 2023 | baystreet.ca

Lithium Americas’ Shareholders Approve Business Split

July 18, 2023 | theglobeandmail.com

Five of the Best Lithium Stocks with Plenty of Upside Remaining

July 10, 2023 | markets.businessinsider.com

3 Battery Stocks That AI Predicts Will Deliver Triple-Digit Returns in 2023

July 1, 2023 | finance.yahoo.com

This Is My Top Stock to Buy In July (and It's Not Even Close)

June 27, 2023 | finanznachrichten.de

Oilprice.com: Why Canada Has Become Lithium Central, With a Cesium Sweetener

See More Headlines

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LAC Company Calendar

Last Earnings: 8/09/2023
Today: 10/03/2023
Next Earnings (Estimated): 10/26/2023

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 Forecast: C$41.00
High Stock Price Forecast: C$55.00
Low Stock Price Forecast: C$35.00
Forecasted Upside/Downside: +87.2%
Consensus Rating: Hold
Rating Score (0-4): 2.40
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.13)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 15.87
P/E Growth: N/A
Net Income: C$-11,470,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -1.11%
Return on Assets: -3.71%

Debt

Debt-to-Equity Ratio: 16.36
Current Ratio: 10.13
Quick Ratio: 52.06

Sales & Book Value

Annual Sales: C$-1,535,000.00
Price / Sales: -2,283.45
Cash Flow: C$2.01 per share
Price / Cash Flow: 10.91
Book Value: C$7.79 per share
Price / Book: 2.81

Miscellaneous

Outstanding Shares: 160,050,000
Free Float: N/A
Market Cap: C$3.51 billion
Optionable: Not Optionable
Beta: 1.58

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Key Executives

Mr. Jonathan D. Evans (Age 52)
Pres, CEO & Director
Comp: $844.75k

Mr. John Anthony Kanellitsas B.S. (Age 61)
M.B.A., MBA, Exec. Vice Chair
Comp: $635.84k

Mr. Ignacio Celorrio (Age 50)
Pres of Latin America
Comp: $617.71k

Mr. Richard Gerspacher
Sr. VP of Capital Projects

Mr. Pablo G. Mercado (Age 46)
Exec. VP & CFO

Ms. Virginia Morgan
VP of Investor Relations & ESG

Mr. Edward Grandy
Sr. VP, Gen. Counsel & Corp. Sec.

Ms. Rona Sellers
VP of Compliance

Ms. Aubree Barnum P.H.R.
VP of HR

Mr. Dennis P. Bryan P.E.
Sr. VP of Devel.

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

LAC Stock - Frequently Asked Questions

Should I buy or sell Lithium Americas stock right now?: 5 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, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" LAC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LAC, but not buy additional shares or sell existing shares.
View LAC analyst ratings or view top-rated stocks.
What is Lithium Americas' stock price forecast for 2023?: 5 brokerages have issued 1 year price objectives for Lithium Americas' shares. Their LAC share price forecasts range from C$35.00 to C$55.00. On average, they anticipate the company's share price to reach C$41.00 in the next twelve months. This suggests a possible upside of 87.2% 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 on January 1st, 2023. Since then, LAC shares have decreased by 14.7% and is now trading at C$21.90.
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 Thursday, October 26th 2023.
View our LAC earnings forecast.
How were Lithium Americas' earnings last quarter?: Lithium Americas Corp. (TSE:LAC) posted its quarterly earnings data on Wednesday, August, 9th. The company reported $0.21 earnings per share for the quarter, topping the consensus estimate of ($0.17) by $0.38.
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).

What is Lithium Americas' stock symbol?: Lithium Americas trades on the Toronto Stock Exchange (TSX) under the ticker symbol "LAC."
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.
What is Lithium Americas' stock price today?: One share of LAC stock can currently be purchased for approximately C$21.90.
How much money does Lithium Americas make?: Lithium Americas (TSE:LAC) has a market capitalization of C$3.51 billion and generates C$-1,535,000.00 in revenue each year. The company earns C$-11,470,000.00 in net income (profit) each year or C($0.13) on an earnings per share basis.
How many employees does Lithium Americas have?: The company employs 749 workers across the globe.
How can I contact Lithium Americas?: Lithium Americas' mailing address is 355 Burrard St Suite 1100, VANCOUVER, BC V6C 2G8, Canada. The official website for the company is lithiumamericas.com. The company can be reached via phone at +1-778-6565820.

This page (TSE:LAC) was last updated on 10/3/2023 by MarketBeat.com Staff

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Lithium Americas (LAC) Stock Forecast, Price & News

Lithium Americas MarketRank™ Forecast

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 (TSE:LAC) Stock

LAC Price History

LAC Stock News Headlines

LAC Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

LAC Stock - Frequently Asked Questions

Overall MarketRank^™