Lithium Americas (LAC) Stock Price, News & Analysis

Company Overview

Lithium Americas is developing three lithium production assets, two brine resources located in northwestern Argentina and a clay resource in Nevada, U.S. While the company has no current lithium production, we expect the first Argentina resource, Cauchari-Olaroz, to enter production in late 2022. We expect the Nevada project, Thacker Pass, to enter production in the middle of the 2020s and the second brine resource, Pastos Grandes, to enter production in the late-2020s. Lithium Americas plans for all three resources to be fully integrated, selling into the lithium chemical market. The company is also exploring separating into two companies, with assets divided by geography, an Argentina company and a U.S. company.

Key Stats

• Today's Range: C$10.49 to C$11.99
• 50-Day Range: C$3.52 to C$12.64
• 52-Week Range: C$3.30 to C$13.20
• Volume: 3.15 million shs
• Average Volume: 938,583 shs
• Market Capitalization: C$2.54 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: C$8.13
• Consensus Rating: Hold

Lithium Americas Stock Analysis - MarketRank™

Lithium Americas scored higher than 9% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Lithium Americas has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 6 hold ratings, and 2 sell ratings.

Downside Risk

Lithium Americas has a consensus price target of C$8.13, representing about 22.8% downside from its current price of C$10.52.

Amount of Analyst Coverage

Lithium Americas has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Lithium Americas is -42.08, 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 -42.08, 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 3.27. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for LAC.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Lithium Americas does not currently pay a dividend.

Dividend Growth

Lithium Americas does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for LAC.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.14

News Sentiment

Lithium Americas has a news sentiment score of 0.14. 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 0.55 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 47 news articles for Lithium Americas this week, compared to 4 articles on an average week.

Search Interest

306 people have searched for LAC on MarketBeat in the last 30 days. This is an increase of 887% compared to the previous 30 days.

MarketBeat Follows

16 people have added Lithium Americas to their MarketBeat watchlist in the last 30 days. This is an increase of 700% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

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

Only 7.40% of the stock of Lithium Americas is held by insiders.

Percentage Held by Institutions

Only 10.76% of the stock of Lithium Americas is held by institutions.

LAC Stock Analysis - Frequently Asked Questions

How have LAC shares performed this year?

Lithium Americas' stock was trading at C$4.30 at the start of the year. Since then, LAC stock has increased by 144.7% and is now trading at C$10.52.

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.

What other stocks do shareholders of Lithium Americas own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Lithium Americas investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Sociedad Quimica y Minera (SQM), Bank of Nova Scotia (BNS), Canadian Natural Resources (CNQ) and Enbridge (ENB).

Industry, Sector and Symbol

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

Price Target and Rating

• Average Price Target for Lithium Americas: C$8.13
• High Price Target: C$10.00
• Low Price Target: C$6.25
• Potential Upside/Downside: -28.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.25)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 8.21
• P/E Growth: N/A
• Net Income: -C$20.27 million
• Net Margins: -51,108.92%
• Pretax Margin: N/A
• Return on Equity: -5.10%
• Return on Assets: -3.41%

Debt

• Debt-to-Equity Ratio: 0.65
• Current Ratio: 13.88
• Quick Ratio: 52.06

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: C$1.04 per share
• Price / Cash Flow: 10.91
• Book Value: C$3.22 per share
• Price / Book: 3.52

Miscellaneous

• Outstanding Shares: 241,663,000
• Free Float: N/A
• Market Cap: C$2.74 billion
• Optionable: Not Optionable
• Beta: 1.26