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Lithium Americas Corp.
(TSX:LAC)
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Rating:45Neutral
Price Target:
C$4.50
▲(5.14% Upside)
Action:Upgraded
Date:08/17/26
The score is held down primarily by weak financial performance: no revenue, widening losses, very large negative free cash flow, and rapidly rising leverage. Technicals are mixed but lean bearish given the price remains below longer-term moving averages and MACD is negative. Valuation provides limited support because the negative P/E reflects ongoing losses and no dividend yield is available.
Positive Factors
Asset and equity cushion
The sizable asset base and positive equity provide a capital cushion while the company advances its projects. This does not eliminate funding risk, but it offers more financial support than a development business with minimal assets or negative equity.
Negative Factors
No revenue and widening losses
The absence of operating revenue leaves the company dependent on project financing and capital markets, while widening losses reduce financial flexibility. Until production begins and sales scale, earnings visibility and the ability to self-fund development remain limited.
Read all positive and negative factors
Positive Factors
Negative Factors
Asset and equity cushion
The sizable asset base and positive equity provide a capital cushion while the company advances its projects. This does not eliminate funding risk, but it offers more financial support than a development business with minimal assets or negative equity.
Read all positive factors
Lithium Americas Corp. (LAC) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$1.50B
Dividend YieldN/A
Average Volume (3M)838.78K
Price to Earnings (P/E)―
Beta (1Y)2.44
Revenue GrowthN/A
EPS Growth-107.51%
CountryCA
Employees94
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.51
Shares Outstanding363,042,940
10 Day Avg. Volume676,193
30 Day Avg. Volume838,785
Financial Highlights & Ratios
PEG Ratio-0.06
Price to Book (P/B)1.00
Price to Sales (P/S)0.00
P/FCF Ratio-1.26
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$7.53Price Target Upside75.86% Upside
Rating ConsensusHold
Number of Analyst Covering7
EPS Forecast (FY)-0.13
Revenue Forecast (FY)N/A
Lithium Americas Corp. Business Overview & Revenue Model
Company Description
Lithium Americas Corporation is a resource exploration firm with operations spanning both the United States and Argentina, primarily focused on discovering and developing lithium deposits. The company holds significant stakes in several key lithiu...
How the Company Makes Money
Lithium Americas’ business model is to create shareholder value by developing lithium projects through permitting, construction, and operation, and then generating revenue from the sale of lithium products (such as lithium carbonate and/or lithium...
Lithium Americas Corp. Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
46
Neutral
Cash Flow
21
Negative
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -799.30K | -1.06M | -992.00K | 0.00 | 0.00 | 0.00 |
| EBITDA | -252.95M | -52.70M | -41.64M | -28.61M | -60.06M | -43.84M |
| Net Income | -95.73M | -124.22M | -42.53M | -5.09M | -67.80M | -47.03M |
Balance Sheet | ||||||
| Total Assets | 3.53B | 2.57B | 1.04B | 436.89M | 27.84M | 10.85M |
| Cash, Cash Equivalents and Short-Term Investments | 1.28B | 903.96M | 593.88M | 195.52M | 636.00K | 933.00K |
| Total Debt | 1.16B | 531.23M | 22.64M | 3.89M | 45.19M | 41.76M |
| Total Liabilities | 1.58B | 990.59M | 99.60M | 32.04M | 62.26M | 52.54M |
| Stockholders Equity | 1.41B | 1.06B | 635.00M | 384.93M | -34.42M | -41.69M |
Cash Flow | ||||||
| Free Cash Flow | -1.08B | -840.73M | -190.71M | -227.79M | -57.62M | -44.87M |
| Operating Cash Flow | -36.19M | -62.29M | -13.01M | -37.96M | -49.93M | -45.55M |
| Investing Cash Flow | -941.03M | -676.69M | -177.69M | -188.94M | -20.64M | 2.25M |
| Financing Cash Flow | 1.75B | 1.06B | 589.08M | 430.71M | 72.34M | 41.11M |
Lithium Americas Corp. Technical Analysis
Negative
4.28
Price Trends
4.49
Negative
5.66
Negative
6.19
Negative
Market Momentum
-0.10
Positive
42.15
Neutral
15.67
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:LAC, the sentiment is Negative. The current price of 4.28 is below the 20-day moving average (MA) of 4.35, below the 50-day MA of 4.49, and below the 200-day MA of 6.19, indicating a bearish trend. The MACD of -0.10 indicates Positive momentum. The RSI at 42.15 is Neutral, neither overbought nor oversold. The STOCH value of 15.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:LAC.
Lithium Americas Corp. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | C$819.32M | -10.58 | -14.46% | 65.63% | ― | ― | |
49 Neutral | C$118.88M | -12.57 | -5.61% | 120.00% | ― | 47.37% | |
46 Neutral | C$1.92B | -50.86 | -37.53% | ― | -10.14% | 41.25% | |
45 Neutral | C$1.50B | -7.63 | -9.05% | ― | ― | -107.51% | |
44 Neutral | C$93.80M | 31.34 | 5.73% | ― | ― | 51.81% |
* Basic Materials Sector Average
TSE:LAC
Lithium Americas Corp.
4.14
0.05
1.22%
TSE:LITH
Lithium Chile Inc
0.42
-0.14
-25.00%
TSE:LAR
Lithium Argentina
9.42
4.86
106.58%
TSE:SLI
Standard Lithium Ltd
3.32
-0.74
-18.23%
TSE:LI
American Lithium
0.47
0.05
10.71%
TSE:SGML
Sigma Lithium
17.10
8.47
98.15%
Lithium Americas Corp. Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Lithium Americas raises $175 million convertible financing as Thacker Pass construction peaks
Positive
Aug 6, 2026
Lithium Americas Corp., a dual-listed lithium developer on the TSX and NYSE, is advancing the Thacker Pass project in northern Nevada, targeting late 2027 mechanical completion for a first phase designed to produce 40,000 tonnes annually of batter...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.