Lithium Americas Corp. (LAC)
| Market Cap | 648.80M |
| Revenue (ttm) | n/a |
| Net Income (ttm) | -33.25M |
| Shares Out | 218.38M |
| EPS (ttm) | -0.18 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 4,207,138 |
| Open | 2.900 |
| Previous Close | 2.940 |
| Day's Range | 2.882 - 3.060 |
| 52-Week Range | 2.020 - 7.710 |
| Beta | 1.54 |
| Analysts | Hold |
| Price Target | 5.06 (+70.37%) |
| Earnings Date | Nov 7, 2024 |
About LAC
Lithium Americas Corp. engages in the exploration and development of lithium properties in the United States and Canada. It holds a 100% interest in the Thacker Pass project located in northern Nevada, as well as investments in exploration properties in the United States and Canada. Lithium Americas Corp. was incorporated in 2023 and is headquartered in Vancouver, Canada. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for LAC stock is "Hold." The 12-month stock price forecast is $5.06, which is an increase of 70.37% from the latest price.
News
Lithium Americas: Long-Term Value And Growth As US Poised To Dominate Lithium By 2035
Lithium Americas offers significant long-term value despite the current lithium market glut and stock price declines due to its large Thacker Pass deposit and low-cost production potential. LAC benefi...
Lithium Americas: High Risk, But Very High Potential Reward In This Lithium Supply Gap Play
LAC is an early-stage lithium producer with a promising asset in Nevada, poised to benefit from the projected lithium supply gap over the next two decades. Despite current oversupply issues, LAC's Tha...
Lithium Americas Reports Third Quarter 2024 Results
VANCOUVER, British Columbia--(BUSINESS WIRE)---- $LAC #Nevada--Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) has reported its financial and operating results for ...
NACCO INDUSTRIES ANNOUNCES THIRD QUARTER 2024 RESULTS
Consolidated Q3 2024 Highlights: Operating profit of $19.7 million compared with Q3 2023 $6.3 million operating loss Q3 2024 includes $13.6 million of business interruption insurance income Net income...
Lithium Americas Closes $2.26 Billion U.S. DOE ATVM Loan
VANCOUVER, British Columbia--(BUSINESS WIRE)---- $LAC #Nevada--Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) is pleased to announce the closing of a $2.26 billion...
Lithium Americas Argentina: Our Largest And Most Bullish Holding
Lithium Americas Argentina is significantly undervalued, with potential valuations of $1.9 billion to $2.3 billion based on peer buyout comparisons and future LCE production. LAAC's production is expe...
Lithium Americas: This Surge Is Only The Beginning
The lithium market is recovering, with Arcadium Lithium's $6.7B takeover by Rio Tinto signaling rising future lithium prices due to increasing EV demand. Lithium Americas stock is undervalued, with po...
Lithium Americas: The Unloved Market Is Getting Some Attention
The new ownership structure of Thacker Pass, with Lithium Americas holding 62% and General Motors 38%, is a positive development for the company. GM's $625 million investment, including $430 million i...
Lithium Americas: You Ain't Seen Nothing Yet
The General Motors funding de-risks the project and triggers conditions to unlock a pending $2.3 billion DoE loan, expected to close in weeks. LAC has expansion capability beyond the initial mining ph...
Lithium Americas president says 3rd largest lithium supply is ‘in our front yard'
Lithium Americas president and CEO Jonathan Evans discusses the increased investment in the company's Thacker Pass mine in Nevada on ‘The Bottom Line.'
Mine Deal With GM Sends Lithium Americas Stock Flying
Shares of Lithium Americas (LAC) skyrocketed Wednesday after the mining company announced the creation of a joint venture with General Motors (GM) to extract lithium, the element used in electric vehi...
GM agrees to $625 million joint venture to mine EV battery raw materials in U.S.
GM has agreed to establish a joint venture with Lithium Americas Corp. that includes the automaker supplying $625 million in cash and credit to the company. The deal is centered on the development, co...
Lithium Americas Says GM Boosts Investment in Lithium Project
Canada's Lithium Americas said General Motors will boost investment in the miner's Thacker Pass project, which produces the critical ingredient for electric-vehicle batteries.
General Motors to contribute $625 mln to new JV with Lithium Americas
Canadian miner Lithium Americas said on Wednesday General Motors will contribute $625 million to their new joint venture for developing the Thacker Pass project in Nevada.
Unlocking Thacker Pass: General Motors to Contribute Combined $625 Million in Cash and Letters of Credit to New Joint Venture with Lithium Americas
VANCOUVER, British Columbia--(BUSINESS WIRE)---- $LAC #Nevada--Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) announced the Company and General Motors Holdings LLC...
Lithium Americas: Aggressive Lithium Call Option
Lithium Americas is a high-risk, high-reward investment, akin to a call option on lithium demand, especially with EV market growth projections. The company aims to finance Thacker Pass mine constructi...
Lithium Americas: Right Time To Enter For A Significant Rally
Lithium Americas stock is rated a "Buy" with a 24-36 month horizon, driven by oversold levels and Thacker Pass asset potential. Macroeconomic headwinds are waning, with global interest rate cuts expec...
Lithium Americas, GM Face Delays In Closing $330M Deal: 'Mutually Beneficial' Solutions Under Review
Lithium Americas Corp LAC and General Motors Co GM are facing delays in closing their $330 million Tranche 2 investment.
GM delays additional $330 mln investment in Thacker Pass, Lithium Americas says
Lithium Americas said on Friday automaker General Motors has delayed the second tranche of investment, worth $330 million, in the miner until the end of the year.
Lithium Americas Provides an Update on GM Investment
VANCOUVER, British Columbia--(BUSINESS WIRE)---- $LAC #Nevada--Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) announces the Company and General Motors Holdings LLC...
What's Next For Lithium Americas?
The Department of Defense awarded Lithium Americas Corp. $11.8 million. A Department of Energy loan for over $2 billion is pending. If certain conditions are met, General Motors is set to invest $330 ...
Lithium Americas: Top U.S. Strategic Metal Reserve Available At Giveaway Price
Lithium Americas has faced challenges with construction financing and environmental lawsuits at its Thacker Pass property, while spinning off its Argentina mine as lithium prices collapsed. However, t...
Lithium Americas Reports Second Quarter 2024 Results
VANCOUVER, British Columbia--(BUSINESS WIRE)---- $LAC #Nevada--Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) has reported its financial and operating results for ...
NACCO INDUSTRIES ANNOUNCES SECOND QUARTER 2024 RESULTS
Consolidated Q2 2024 Highlights: Operating profit of $7.4 million increased from $1.8 million in Q2 2023 Includes $4.5 million gain on sale of an asset Income before taxes of $6.2 million increased fr...
Lithium Americas (Argentina): A Winner Even With Low Lithium Prices
Many lithium companies have gotten hammered as underlying commodity prices have come down, presenting investors in LAAC an opportunity to acquire two world-class assets at a steep discount. With poor ...