Lithium Americas Corp. Announces $100M ATM Program

Lithium Americas Corp. ( (TSE:LAC) ) has provided an update.

On May 15, 2025, Lithium Americas Corp. announced an Equity Distribution Agreement with TD Securities to establish an ATM Program, allowing the sale of up to $100 million in common shares through the NYSE, TSX, or other markets. The proceeds from this program are intended for general corporate purposes, including funding expenses, capital expenditures, debt repayment, and working capital additions, potentially impacting the company’s financial flexibility and market positioning.

The most recent analyst rating on (TSE:LAC) stock is a Hold with a C$3.50 price target. To see the full list of analyst forecasts on Lithium Americas Corp. stock, see the TSE:LAC Stock Forecast page.

Spark’s Take on TSE:LAC Stock

According to Spark, TipRanks’ AI Analyst, TSE:LAC is a Neutral.

Lithium Americas Corp.’s overall score reflects its financial struggles with persistent losses and cash flow issues. However, recent corporate events provide a positive outlook with secured funding for key projects, which could improve future financial stability. Technical analysis shows mixed signals, and valuation concerns remain due to negative earnings and lack of dividends.

To see Spark’s full report on TSE:LAC stock, click here.

More about Lithium Americas Corp.

Lithium Americas Corp. is a company involved in the development of the Thacker Pass project in northern Nevada, which holds the largest known measured lithium resource and reserve globally. The company is listed on the NYSE and TSX under the symbol ‘LAC’ and operates as a joint venture with General Motors Holdings LLC.

Average Trading Volume: 354,665

Technical Sentiment Signal: Buy

Current Market Cap: C$928M

For an in-depth examination of LAC stock, go to TipRanks’ Stock Analysis page.