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Lithium Americas Corp. (TSE:LAC)
TSX:LAC
RESEARCH TOOLSreports
Lithium Americas Corp. (LAC) Stock Price & Analysis
116 Followers
LAC Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$5.17 - C$17.00
Previous CloseC$8.95
Volume201.48K
Average Volume (3M)660.29K
Market Cap
C$1.58B
Enterprise ValueC$1.63B
Total Cash (Recent Filing)$122.29M
Total Debt (Recent Filing)$202.97M
Price to Earnings (P/E)-71.8
Beta1.01
Next Earnings
Mar 15, 2024EPS Estimate
-C$0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.12
Shares Outstanding160,800,000
10 Day Avg. Volume526,897
30 Day Avg. Volume660,293
Standard Deviation0.24
R-Squared0.02
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)1.34
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)-12.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit10.00T>
Enterprise Value/Ebitda30.69
Forecast
1Y Price Target
C$12.14Price Target Upside30.17% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Lithium Americas Corp. News
PremiumCompany Announcements
Lithium Americas Proposes Major Share Offering
Bulls Say, Bears Say
Bulls Say
Financial HealthWith increased cash reserves reported by Lithium Americas, the company showcases a stronger liquidity position, signaling a promising outlook for its financial health.
Financing And PartnershipsLithium America gains strategic stability through a partnership with General Motors, securing investments and exclusive rights to lithium production, bolstering investor confidence.
Government SupportThe Department of Energy's substantial loan commitment to Lithium Americas underscores government support and trust in the company's project, enhancing its financial credibility.
Bears Say
Capital ShortfallThe company is approximately $266 million shy of the updated capital expenditure and interest accrual, necessitating additional fundraising efforts.
Financial PerformancePhase I will now cost approximately $2.93 billion, a significant increase from the prior estimate of $2.3 billion, indicating increased capital expenditures.
Funding RequirementThe company is approximately $240 million short of the necessary funds to be fully financed, following a 30% increase in Phase I capital expenditures to $2.93 billion.
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Options Prices
Currently, No data available
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Ownership Overview
0.52% Insiders
1.70% Mutual Funds
4.39% Other Institutional Investors
93.39% 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$5.17 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 Mar 15, 2024 which is 33 days ago.
How were Lithium Americas Corp.’s earnings last quarter?
Currently, no data Available
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$0.04.
How many shares outstanding does Lithium Americas Corp. have?
Lithium Americas Corp. has 162,131,230 shares outstanding.
What happened to Lithium Americas Corp.’s price movement after its last earnings report?
Currently, no data Available
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
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
C$12.14 (30.17% Upside)
C$12.14 (30.17% Upside)
Blogger Sentiment
Bullish
TSE:LAC Sentiment 100%
Sector Average 73%
Sector Average 73%
Insider Transactions
Bought Shares
Worth $5.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 5.5%
Last 30 Days ▲ 5.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
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 Months Forecast
Average Price Target
C$12.14
▲(30.17% Upside)
Technical Analysis
Best Analysts Covering LAC
1 Year
1 Year Success Rate
2/2 ratings generated profit
1 Year Average Return
+29.85%
assigned a buy rating 29 days ago
Copying David Deckelbaum's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +29.85% per trade.
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