Should I buy or sell Lithium Americas stock right now?

5 Wall Street 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 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 target for 2024?

5 Wall Street research analysts have issued twelve-month target prices for Lithium Americas' shares. Their LAC share price targets range from C$7.50 to C$55.00. On average, they expect the company's share price to reach C$22.75 in the next twelve months. This suggests a possible upside of 254.9% 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 2024?

Lithium Americas' stock was trading at C$8.50 at the beginning of 2024. Since then, LAC stock has decreased by 24.6% and is now trading at C$6.41. View the best growth stocks for 2024 here .

When is Lithium Americas' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024. View our LAC earnings forecast .

How were Lithium Americas' earnings last quarter?

Lithium Americas Corp. (TSE:LAC) issued its earnings results on Friday, March, 15th. The company reported ($0.11) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by $0.07.

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 .

TSE:LAC

Lithium Americas (LAC) Stock Price, News & Analysis

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Free LAC Stock Alerts

C$6.41

-2.75 (-30.02%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$6.40
▼
C$6.74
50-Day Range: C$5.64
▼
C$10.01
52-Week Range: C$5.17
▼
C$31.34

Volume: 2.95 million shs
Average Volume: 634,006 shs
Market Capitalization: C$1.04 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: C$22.75

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines Insider Trades

Get Lithium Americas alerts:

Lithium Americas MarketRank™ Stock Analysis

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 254.9% Upside
C$22.75 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.94
Based on 5 Articles This Week
Insider Trading: Acquiring Shares
C$47,973 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.32 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.
Amount of Analyst Coverage
Lithium Americas has only been the subject of 1 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.

3.3

News and Social Media Coverage

News Sentiment
Lithium Americas has a news sentiment score of 0.94. 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 higher news sentiment than the 0.39 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 5 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 9% 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 -38% compared to the previous 30 days.

1.7

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$47,973.00 in company stock and sold C$0.00 in company stock.
Percentage Held by Insiders
Only 0.38% of the stock of Lithium Americas is held by insiders.
Percentage Held by Institutions
Only 25.24% 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 -213.67, 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 -213.67, 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 2.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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. Lithium Americas Corp. 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

April 18, 2024 | finance.yahoo.com

UPDATE 1-Lithium Americas to raise $275 mln for Thacker Pass mine

April 17, 2024 | finance.yahoo.com

Lithium Americas plans 55 mln share offering to raise more cash

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 17, 2024 | finance.yahoo.com

Lithium Americas Announces Proposed Public Offering of Common Shares

April 15, 2024 | ca.finance.yahoo.com

Tesla supplier Piedmont Lithium gets key North Carolina mining permit

April 11, 2024 | americanbankingnews.com

Lithium Americas (TSE:LAC) Share Price Crosses Below Two Hundred Day Moving Average of $9.26

March 20, 2024 | markets.businessinsider.com

Buy Rating Affirmed for Lithium Americas Corp. as Financial and Technical Milestones Propel Growth Outlook

March 18, 2024 | seekingalpha.com

Lithium Americas: With DoE Financing Imminent, Large Value Is Unlocked

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 17, 2024 | finance.yahoo.com

Here's Why We're A Bit Worried About Lithium Americas' (TSE:LAC) Cash Burn Situation

March 16, 2024 | finance.yahoo.com

Lithium Americas Corp.: Lithium Americas Earnings: Construction Continues on the US' Largest Lithium Resource

March 14, 2024 | finance.yahoo.com

Lithium Americas Corp.: Lithium Americas: Shares Rally on US Department of Energy Loan Conditional Commitment

March 14, 2024 | msn.com

Why Lithium Americas Stock Is Up Today

March 14, 2024 | finance.yahoo.com

Lithium Americas gets $2.26B loan from US Energy Dept.

March 14, 2024 | wsj.com

Lithium Americas Stock Jumps After Journal Report on Massive Federal Loan

March 14, 2024 | msn.com

Lithium Americas jumps to YTD high as DoE offers record loan for Nevada project

March 14, 2024 | uk.news.yahoo.com

US Agrees Record $2.26 Billion Loan for Nevada Lithium Plant

March 14, 2024 | seekingalpha.com

Wall Street Breakfast Podcast: Lithium Americas Could Receive $2B Government Loan

March 14, 2024 | reuters.com

Lithium Americas to get $2.26 bln US DOE loan for Nevada mine

March 14, 2024 | finance.yahoo.com

UPDATE 1-Lithium Americas to get $2.26 bln loan from US DOE for Nevada project

March 13, 2024 | nasdaq.com

7 Biggest Lithium-mining Companies

March 1, 2024 | markets.businessinsider.com

Discovery Lithium’s 2023 Exploration Program Sets the Stage for 2024

February 29, 2024 | msn.com

SQM plans to plow ahead with lithium expansions despite oversupplied market

February 28, 2024 | markets.businessinsider.com

Foremost Lithium Announces $10 Million Application for the Government of Canada’s Critical Mineral Infrastructure Fund

February 21, 2024 | finance.yahoo.com

Brian's Big Idea on Low Priced Stocks

February 8, 2024 | msn.com

7 Lithium Stocks to Buy for the Next Bull Run: February 2024

February 7, 2024 | entrepreneur.com

Lithium's Rising Star: How One Founder Is Revolutionizing the $546B Battery Industry

See More Headlines

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Company Calendar

Last Earnings: 3/15/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/20/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Basic Materials
Industry: Other Industrial Metals & Mining
Sub-Industry: N/A
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$22.75
High Stock Price Target: C$55.00
Low Stock Price Target: C$7.50
Potential Upside/Downside: +254.9%
Consensus Rating: Hold
Rating Score (0-4): 2.40
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.03)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 4.64
P/E Growth: N/A
Net Income: C$-3,930,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -2.11%
Return on Assets: -7.39%

Debt

Debt-to-Equity Ratio: 0.97
Current Ratio: 8.38
Quick Ratio: 52.06

Sales & Book Value

Annual Sales: C$-1,535,000.00
Price / Sales: -676.41
Cash Flow: C$0.59 per share
Price / Cash Flow: 10.91
Book Value: C$2.52 per share
Price / Book: 2.54

Miscellaneous

Outstanding Shares: 161,980,000
Free Float: N/A
Market Cap: C$1.04 billion
Optionable: Not Optionable
Beta: 1.58

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Key Executives

Mr. Kelvin Paul Michael Dushnisky B.Sc. (Age 60)
B.Sc. (Hon.), L.L.B., M.Sc., Executive Chairman of Board
Mr. Jonathan D. Evans (Age 53)
President, CEO & Director
Mr. Pablo G. Mercado (Age 47)
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
Ms. Tereza Fonda
Corporate Counsel & Corporate Secretary

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?: 5 Wall Street 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 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 target for 2024?: 5 Wall Street research analysts have issued twelve-month target prices for Lithium Americas' shares. Their LAC share price targets range from C$7.50 to C$55.00. On average, they expect the company's share price to reach C$22.75 in the next twelve months. This suggests a possible upside of 254.9% 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 2024?: Lithium Americas' stock was trading at C$8.50 at the beginning of 2024. Since then, LAC stock has decreased by 24.6% and is now trading at C$6.41.
View the best growth stocks for 2024 here.
When is Lithium Americas' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our LAC earnings forecast.

How were Lithium Americas' earnings last quarter?: Lithium Americas Corp. (TSE:LAC) issued its earnings results on Friday, March, 15th. The company reported ($0.11) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by $0.07.
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 4/18/2024 by MarketBeat.com Staff

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Lithium Americas (LAC) Stock Price, News & Analysis

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^™