TSE:LAC

Lithium Americas (LAC) Stock Price, News & Analysis

C$6.03
+0.04 (+0.67%)
(As of 05/16/2024 ET)
Today's Range
C$5.95
C$6.08
50-Day Range
C$5.95
C$10.01
52-Week Range
C$5.17
C$31.34
Volume
502,880 shs
Average Volume
693,293 shs
Market Capitalization
C$1.31 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
C$12.00

Lithium Americas MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
99.0% Upside
C$12.00 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.73mentions of Lithium Americas in the last 14 days
Based on 7 Articles This Week
Insider Trading
Acquiring Shares
C$52,838 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.

1.42 out of 5 stars

LAC stock logo

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

LAC Stock News Headlines

Lithium Overdose: Can These 2 Lithium Stocks Recover in 2024?
If you believe that EVs will become mainstream, then these two lithium stocks may recover in 2024 as lithium prices begin to recover
Scotiabank Keeps Their Hold Rating on Lithium Americas Corp. (LAC)
Stocks in play: Lithium Americas Corp.
Lithium Americas Q1 Net Loss Widens
Why Lithium Americas Stock Is Up Today
Lithium Americas gets $2.26B loan from US Energy Dept.
See More Headlines
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Company Calendar

Last Earnings
3/15/2024
Today
5/16/2024
Next Earnings (Estimated)
8/14/2024

Industry, Sector and Symbol

Industry
Other Industrial Metals & Mining
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
749
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$12.00
High Stock Price Target
C$16.00
Low Stock Price Target
C$7.50
Potential Upside/Downside
+99.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
C$-5,060,000.00
Net Margins
-160.61%
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$3.15 million
Cash Flow
C$0.55 per share
Book Value
C$2.52 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.31 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

LAC Stock Analysis - Frequently Asked Questions

Should I buy or sell Lithium Americas stock right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lithium Americas in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street 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 research analysts have issued twelve-month target prices for Lithium Americas' shares. Their LAC share price targets range from C$7.50 to C$16.00. On average, they expect the company's share price to reach C$12.00 in the next twelve months. This suggests a possible upside of 99.0% 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 the year. Since then, LAC shares have decreased by 29.1% and is now trading at C$6.03.
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 Wednesday, August 14th 2024.
View our LAC earnings forecast
.

How were Lithium Americas' earnings last quarter?

Lithium Americas Corp. (TSE:LAC) released its quarterly earnings data 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. Lithium Americas had a negative net margin of 160.61% and a negative trailing twelve-month return on equity of 2.11%.

What other stocks do shareholders of Lithium Americas own?
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 5/17/2024 by MarketBeat.com Staff

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