Lithium Americas Corp. (LAC)

NYSE: LAC · Real-Time Price · USD
2.340
-0.080 (-3.31%)
At close: Sep 18, 2024, 4:00 PM
2.380
+0.040 (1.71%)
After-hours: Sep 18, 2024, 7:47 PM EDT
-3.31%
Market Cap 514.80M
Revenue (ttm) n/a
Net Income (ttm) -25.39M
Shares Out 218.00M
EPS (ttm) -0.15
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 3,400,226
Open 2.430
Previous Close 2.420
Day's Range 2.340 - 2.535
52-Week Range 2.020 - 11.500
Beta 1.54
Analysts Buy
Price Target 6.11 (+161.11%)
Earnings Date Aug 13, 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]

Sector Materials
Founded 2023
Employees 749
Stock Exchange NYSE
Ticker Symbol LAC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for LAC stock is "Buy." The 12-month stock price forecast is $6.11, which is an increase of 161.11% from the latest price.

Price Target
$6.11
(161.11% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

Other symbols: GM
13 days ago - Benzinga

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.

Other symbols: GM
19 days ago - Reuters

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...

19 days ago - Business Wire

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 ...

22 days ago - Seeking Alpha

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...

24 days ago - Seeking Alpha

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 ...

5 weeks ago - Business Wire

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...

Other symbols: NC
7 weeks ago - PRNewsWire

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 ...

Other symbols: LAAC
2 months ago - Seeking Alpha

Lithium Americas: An Unloved Market Makes Attractive Entry Point

Lithium Americas: An Unloved Market Makes Attractive Entry Point

2 months ago - Seeking Alpha

Lithium Americas: A Few Bullet Points On The Latest Share Price Debacle

Lithium Americas Corp. shares have dropped below $3. Thacker Pass is a significant lithium find, and LAC's other holdings in the McDermitt Caldera region are also valuable. Despite the current low pri...

3 months ago - Seeking Alpha

Lithium Americas: After Taking Several Hits, It Is Now A Value Play

A short report put some downward pressure on Lithium Americas. Lithium stocks are unloved and unwanted. It has been a rough few months with the stock price getting cut in half, but buying cheap and ho...

3 months ago - Seeking Alpha

Lithium Americas: Don't Get Lost On Distorted Reports

Lithium Americas faces risks from volatile lithium prices and dilutive financing, but these risks are overblown by a recent short report. LAC's Thacker Pass project has already produced lithium carbon...

4 months ago - Seeking Alpha

The Copper Trade Is Done. Buy These 8 ‘Greenflation' Stocks Instead.

Societe Generale says to consider shares of companies that mine the metal and other materials critical to the clean energy transition.

Other symbols: AAALTMFCXNXETECKWPM
4 months ago - Barrons

Lithium Americas Reports 2024 Annual General and Special Meeting Results

VANCOUVER, British Columbia--(BUSINESS WIRE)---- $LAC #Nevada--Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) announced the results from its annual general and spe...

4 months ago - Business Wire

Lithium Americas Corp. (LAC) Q1 2024 Earnings Call Transcript

Lithium Americas Corp. (NYSE:LAC) Q1 2024 Earnings Conference Call May 14, 2024 10:00 AM ET Company Participants Kelly O'Brien - Vice President, Investor Relations and ESG Sam Pigott - President and ...

4 months ago - Seeking Alpha

Lithium Americas Reports First 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 ...

4 months ago - Business Wire

The 'Undercovered' Dozen From April 2024

The "Undercovered" Dozen highlights twelve ideas from the previous month on stocks with limited coverage. QuantumScape, IonQ, Enbridge preferred shares, Tilray, and more are included this month.

4 months ago - Seeking Alpha

Lithium Americas: A Top Lithium Stock To Buy Now

Lithium Americas Corp. stock experienced a setback after a surge, but technical indicators suggest potential for improvement. Global lithium demand is projected to double in 2025–2030, indicating the ...

4 months ago - Seeking Alpha

NACCO INDUSTRIES ANNOUNCES FIRST QUARTER 2024 RESULTS

Consolidated Q1 2024 Highlights: Consolidated operating profit of $4.8 million increased 162% over Q1 2023 Consolidated income before taxes of $5.6 million up 28% from Q1 2023 Income tax expense compa...

Other symbols: NC
5 months ago - PRNewsWire

Lithium Americas Closes US$275 Million Underwritten Public Offering

(All amounts in US$ unless otherwise indicated) VANCOUVER, British Columbia, April 22, 2024 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) anno...

5 months ago - GlobeNewsWire

Lithium Americas: More Ridiculousness After Public Offering

Lithium Americas took a massive hit via a public offering of shares. Given pending government loans and General Motors support, Thacker Pass will most likely be operational around 2027 give or take. F...

5 months ago - Seeking Alpha

5 undervalued U.S. lithium stocks to buy immediately for long-term returns

Lithium is to electric vehicles as data centres is to artificial intelligence. The price of Lithium may have gained a bit in recent weeks but it's still down significantly from its high in mid-2023.

Other symbols: ALBATLXENSPLL
5 months ago - Invezz

Lithium Americas (LAC) stock price has dived: buy the dip?

Lithium Americas (NYSE: LAC) stock price was one of the top laggards in Wall Street as the company announced a new fundraising plan. It crashed by over 27%, its biggest single-day crash since April 20...

5 months ago - Invezz

Lithium Americas Prices US$275 Million Underwritten Public Offering

(All amounts in US$ unless otherwise indicated) VANCOUVER, British Columbia, April 18, 2024 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) anno...

5 months ago - GlobeNewsWire

Lithium Americas Announces Proposed Public Offering of Common Shares

(All amounts in US$ unless otherwise indicated) VANCOUVER, British Columbia, April 17, 2024 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) anno...

5 months ago - GlobeNewsWire