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Lithium Americas (Argentina) Corp. (LAAC)
NYSE:LAAC
Holding LAAC?
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LAAC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$5.58 - $6.52
Previous Close$5.75
Volume1.09M
Average Volume (3M)N/A
Market Cap
$586.90M
Enterprise Value$490.71M
Total Cash (Recent Filing)$96.20M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
BetaN/A
Next Earnings
Nov 05, 2024EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding161,300,000
10 Day Avg. Volume1,691,106
30 Day Avg. VolumeN/A
Standard Deviation0.22
R-Squared0.11
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)0.69
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-127.10
P/FCF Ratio35.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda-387.91
Forecast
1Y Price Target
$4.08Price Target Upside16.57% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Lithium Americas (Argentina) Corp. News
PremiumCompany Announcements
Lithium Argentina to Announce Q3 2024 Results
PremiumCompany Announcements
Lithium Americas Completes Strategic Ganfeng Lithium Deal
PremiumCompany Announcements
Lithium Americas (Argentina) Boasts Strong Q2 PerformanceBulls Say, Bears Say
Bulls Say
Financial PerformanceCauchari-Olaroz generated revenue exceeding its cost of goods sold in the first half, highlighting a positive financial outcome.
Production EfficiencyLAAC reported that Cauchari-Olaroz production is efficiently operating at 70% of its design capacity, indicating strong operational performance.
Production QualityProduction quality at LAAC has improved, with lithium carbonate content averaging 99.5%, showcasing an enhancement in product standard.
Bears Say
Financial PerformanceLAAC claims at spot prices Cauchari-Olaroz has positive operating cash flow ex working capital, though margins seem narrow.
Pricing PenaltiesThe JV sells the tonnes to Ganfeng, which is currently subtracting ~$2k/t from ASP from market prices as Ganfeng must upgrade the product in China to reach acceptable battery-grade carbonate.
Quality IssuesCarbonate quality issues persist, paying penalties for Ganfeng to upgrade to acceptable battery-grade spec.
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Ownership Overview
Currently, No data available
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LAAC FAQ
What was Lithium Americas (Argentina) Corp.’s price range in the past 12 months?
Lithium Americas (Argentina) Corp. lowest stock price was $5.58 and its highest was $6.52 in the past 12 months.
What is Lithium Americas (Argentina) Corp.’s market cap?
Currently, no data Available
When is Lithium Americas (Argentina) Corp.’s upcoming earnings report date?
Lithium Americas (Argentina) Corp.’s upcoming earnings report date is Nov 05, 2024 which is today.
How were Lithium Americas (Argentina) Corp.’s earnings last quarter?
Currently, no data Available
Is Lithium Americas (Argentina) Corp. overvalued?
According to Wall Street analysts Lithium Americas (Argentina) Corp.’s price is currently Undervalued.
Does Lithium Americas (Argentina) Corp. pay dividends?
Lithium Americas (Argentina) Corp. does not currently pay dividends.
What is Lithium Americas (Argentina) Corp.’s EPS estimate?
Lithium Americas (Argentina) Corp.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Lithium Americas (Argentina) Corp. have?
Currently, no data Available
What happened to Lithium Americas (Argentina) Corp.’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Lithium Americas (Argentina) Corp.?
Currently, no hedge funds are holding shares in LAAC
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Lithium Americas (Argentina) Corp. Stock Smart Score
Company Description
Lithium Americas (Argentina) Corp.
Lithium Argentina is a Canadian-based resource company focused on the advancement of significant lithium projects. The Company strives to operate under the highest environmental, social, governance and safety standards to foster the sustainable advancement of projects that support the vital lithium supply chain and the global transition to cleaner energy. The Company owns 44.8% of CaucharÃ-Olaroz through its ownership interest in Minera Exar S.A. (Minera Exar), a company incorporated under the laws of Argentina. The Company also has a pipeline of development and exploration stage projects, including the Pastos Grandes project and the Sal de la Puna projects, both of which are located in Salta Province in northwestern Argentina. The company trades on both the Toronto Stock Exchange (TSX: LAAC) and on the New York Stock Exchange (NYSE: LAAC).
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LAAC Earnings Call
Q2 2024
0:00 / 0:00
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LAAC Stock 12 Month Forecast
Average Price Target
$4.08
▲(16.57% Upside)
Best Analysts Covering LAAC
1 Year
1 Year Success Rate
0/0 ratings generated profit
1 Year Average Return
0.00%
reiterated a buy rating 3 months ago
Copying Matt Key's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of 0.00% per trade.
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