Lithium Americas Corp. (LAC)

NYSE: LAC · IEX Real-Time Price · USD
4.350
-0.060 (-1.36%)
At close: May 1, 2024, 4:00 PM
4.370
+0.020 (0.46%)
After-hours: May 1, 2024, 7:58 PM EDT
-1.36%
Market Cap 705.42M
Revenue (ttm) n/a
Net Income (ttm) -3.93M
Shares Out 162.17M
EPS (ttm) -0.02
PE Ratio n/a
Forward PE 40.00
Dividend n/a
Ex-Dividend Date n/a
Volume 5,465,719
Open 4.410
Previous Close 4.410
Day's Range 4.260 - 4.520
52-Week Range 3.810 - 11.500
Beta 1.54
Analysts Buy
Price Target 12.94 (+197.47%)
Earnings Date May 14, 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
CEO Jonathan D. Evans
Employees 83
Stock Exchange NYSE
Ticker Symbol LAC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for LAC stock is "Buy." The 12-month stock price forecast is $12.94, which is an increase of 197.47% from the latest price.

Price Target
$12.94
(197.47% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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
4 hours 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...

9 days ago - GlobeNewsWire

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
13 days 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...

13 days 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...

13 days 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...

14 days ago - GlobeNewsWire

Lithium Americas Reports 2023 Full Year and Fourth Quarter Results

(All amounts in US$ unless otherwise indicated) VANCOUVER, British Columbia, March 15, 2024 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) has ...

6 weeks ago - GlobeNewsWire

Trident Royalties PLC Announces Thacker Pass: $2.3bn Loan Commitment from DOE

Thacker Pass Update: Conditional Commitment for $2.3 billion DoE Loan LONDON, UK / ACCESSWIRE / March 15, 2024 / Trident Royalties Plc (AIM:TRR)(OTCQB:TDTRF), the diversified mining royalty company, i...

6 weeks ago - Accesswire

Lithium Americas (LAC) stock analysis: Another Solyndra?

Lithium Americas (NYSE: LAC) stock price continued its recovery on Thursday as investors cheered two important news. It rose by over 21% in the pre-market session, reaching a high of $7, its highest p...

6 weeks ago - Invezz

Lithium Americas to get $2.26 bln US DOE loan for Nevada mine

The U.S. Department of Energy (DOE) has granted Lithium Americas a conditional commitment loan of $2.26 billion to finance the construction of its Thacker Pass project in Nevada, the company said on T...

6 weeks ago - Reuters

Lithium Americas Provides a Thacker Pass Construction Plan Update

(All amounts in US$ unless otherwise indicated) VANCOUVER, British Columbia, March 14, 2024 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) prov...

6 weeks ago - GlobeNewsWire

Lithium Americas Receives Conditional Commitment for $2.26 Billion ATVM Loan from the U.S. DOE for Construction of Thacker Pass

VANCOUVER, British Columbia, March 14, 2024 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) has received a conditional commitment (the “Conditio...

6 weeks ago - GlobeNewsWire

Biden Jump-Starts Electric-Vehicle Push With Massive Lithium Loan

Lithium Americas is on track to get a $2.26 billion loan for its Thacker Pass mine.

6 weeks ago - WSJ

NACCO INDUSTRIES ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 RESULTS

Consolidated Q4 2023 Highlights: Operating loss of $67.4 million versus operating profit of $15.5 million in 2022 Includes non-cash asset impairment charge of $65.9 million triggered by significant un...

Other symbols: NC
2 months ago - PRNewsWire

Lithium Americas (LAC) stock forecast: follow the trend for now

Lithium Americas (NYSE: LAC) stock price has been in a freefall amid rising concerns about electric vehicles and lithium demand. The stock plunged to a low of $4.40 this week, its lowest point since S...

3 months ago - Invezz

Lithium Americas Provides Thacker Pass Update with Q3 2023 Carve-Out Financials and MD&A

VANCOUVER, British Columbia, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) filed carve-out interim financial statements and mana...

6 months ago - GlobeNewsWire

5 Best Lithium Stocks to Buy Now

Lithium prices have pulled back, but rising demand for electric vehicle batteries could create tailwinds. These top-rated lithium stocks can help investors capitalize on the growth.

Other symbols: ALBSGMLSQM
6 months ago - Kiplinger

NACCO INDUSTRIES ANNOUNCES THIRD QUARTER 2023 RESULTS

Consolidated Highlights: Consolidated net loss of $3.8 million, or $0.51/share compared with net income of $10.6 million, or $1.45/share, in Q3 2022 Modest Q4 2023 income before tax and net income exp...

Other symbols: NC
6 months ago - PRNewsWire

Increasing Demand for EVs & Shift Toward Clean Energy Driving Lithium Billion Dollar Market Growth

FinancialNewsMedia.com  News Commentary PALM BEACH, FL , Oct. 17, 2023 /PRNewswire/ -- The automobile industry is currently dominated by fossil fuel consumption but is increasingly moving toward becom...

Other symbols: AMLIPLLSLI
7 months ago - PRNewsWire

New Lithium Stock Is Another EV Play

Lithium Americas has split into two companies. Both are now trading on the Toronto and New York stock exchanges.

7 months ago - Barrons

Lithium Americas Closes Separation to Create Two Leading Lithium Companies

VANCOUVER, British Columbia, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (“Lithium Americas” or the “Company”), now Lithium Americas (Argentina) Corp. (“Lithium Argentina”) (TSX: LAAC) (N...

7 months ago - GlobeNewsWire

Lithium Americas Announces Details for Completion of Separation

VANCOUVER, British Columbia, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) is pleased to announce that the separation of the Co...

7 months ago - GlobeNewsWire

Lithium supply may tighten in the years ahead, driving prices higher along with it

Investors shouldn't be discouraged by the recent price declines in battery-grade lithium, with expectations for growth in demand from the electric vehicle market still strong.

Other symbols: PLL
8 months ago - Market Watch

Lithium Americas (LAC) stock price flipped a key resistance: is it a buy?

Lithium Americas (NYSE: LAC) stock price has staged a strong recovery in the past few days as investors cheer the company's recent find. It has also risen as the management works to break itself into ...

8 months ago - Invezz

Lithium Americas Publishes 2022-23 ESG-Safety Reports for North America and Argentina

VANCOUVER, British Columbia, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) announced the release of two environmental, social, g...

8 months ago - GlobeNewsWire