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Lithium Americas Corp. (TSE:LAC)
TSX:LAC
RESEARCH TOOLSreports
Lithium Americas Corp. (LAC) Stock Price & Analysis
242 Followers
LAC Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$3.43 - C$17.00
Previous CloseC$3.45
Volume495.89K
Average Volume (3M)919.33K
Market Cap
C$794.87M
Enterprise ValueC$555.81M
Total Cash (Recent Filing)$147.24M
Total Debt (Recent Filing)$6.48M
Price to Earnings (P/E)―
Beta1.69
Next Earnings
May 13, 2024EPS Estimate
-C$0.06Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.12
Shares Outstanding161,200,000
10 Day Avg. Volume986,111
30 Day Avg. Volume919,333
Standard Deviation0.24
R-Squared0.19
Alpha-0.16
Financial Highlights & Ratios
Price to Book (P/B)1.14
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-75.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda10.39
Forecast
1Y Price Target
C$8.88Price Target Upside142.62% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Lithium Americas Corp. News
PremiumCompany Announcements
Lithium Americas Advances with New Directors
Bulls Say, Bears Say
Bulls Say
Financial StabilityLAC reported increased cash on hand, indicating a stronger liquidity position than previously estimated.
Financing And InvestmentsThe US DOE made a conditional commitment of a $2.26bn loan which should help finance the project effectively.
Strategic PartnershipsGM has provided substantial investment and has exclusive rights to Phase I lithium carbonate production for 10 years.
Bears Say
Capital ExpendituresPhase I will now cost ~$2.93bn, versus the prior estimate of ~$2.3bn, indicating increased capital expenditures.
Funding RequirementsThe company still requires additional funding to be fully financed for their project.
Liquidity NeedsLAC is ~$266m shy of the updated capex and interest accrual, necessitating additional fundraising.
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Options Prices
Currently, No data available
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Ownership Overview
0.97% Insiders
1.40% Mutual Funds
14.00% Other Institutional Investors
83.63% Public Companies and
Individual Investors
LAC FAQ
What was Lithium Americas Corp.’s price range in the past 12 months?
Lithium Americas Corp. lowest stock price was C$3.43 and its highest was C$17.00 in the past 12 months.
What is Lithium Americas Corp.’s market cap?
Currently, no data Available
When is Lithium Americas Corp.’s upcoming earnings report date?
Lithium Americas Corp.’s upcoming earnings report date is May 13, 2024 which is 51 days ago.
How were Lithium Americas Corp.’s earnings last quarter?
Lithium Americas Corp. released its earnings results on Mar 15, 2024. The company reported -C$0.065 earnings per share for the quarter, missing the consensus estimate of -C$0.042 by -C$0.023.
Is Lithium Americas Corp. overvalued?
According to Wall Street analysts Lithium Americas Corp.’s price is currently Undervalued.
Does Lithium Americas Corp. pay dividends?
Lithium Americas Corp. does not currently pay dividends.
What is Lithium Americas Corp.’s EPS estimate?
Lithium Americas Corp.’s EPS estimate is -C$0.06.
How many shares outstanding does Lithium Americas Corp. have?
Lithium Americas Corp. has 217,170,060 shares outstanding.
What happened to Lithium Americas Corp.’s price movement after its last earnings report?
Lithium Americas Corp. reported an EPS of -C$0.065 in its last earnings report, missing expectations of -C$0.042. Following the earnings report the stock price went up 1.174%.
Which hedge fund is a major shareholder of Lithium Americas Corp.?
Currently, no hedge funds are holding shares in TSE:LAC
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Lithium Americas Corp. Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
C$8.88 (142.62% Upside)
C$8.88 (142.62% Upside)
Blogger Sentiment
Bullish
TSE:LAC Sentiment 100%
Sector Average 70%
Sector Average 70%
Insider Transactions
Sold Shares
Worth $935.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.7%
Last 30 Days <0.1%
Last 30 Days <0.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
24.10%
Trailing 12-Months
Company Description
Lithium Americas Corp.
Lithium Americas is a pure-play North American lithium company focused on advancing the 100%-owned Thacker Pass to production. Thacker Pass is located in northern Nevada and is the largest known Measured and Indicated (M&I) lithium resource in the U.S. The project commenced construction in early 2023 and is expected to employ over 1,000 workers during construction and create 500 permanent jobs during operations over its 40-year mine life. The company trades on both the Toronto Stock Exchange (TSX: LAC) and on the New York Stock Exchange (NYSE: LAC).
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LAC Stock 12 Month Forecast
Average Price Target
C$8.88
▲(142.62% Upside)
Technical Analysis
Lithium Americas Corp.
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Albemarle
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Sociedad Quimica Y Minera SA
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FMC
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Piedmont Lithium
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Best Analysts Covering LAC
1 Year
1 Year Success Rate
0/3 ratings generated profit
1 Year Average Return
-53.07%
reiterated a buy rating 2 months ago
Copying Katie Lachapelle'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 -53.07% per trade.
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