Lithium Americas Corp. (TSE:LAC - Get Free Report) Director Alun Robert Doyle acquired 10,000 shares of the firm's stock in a transaction on Tuesday, November 19th. The shares were bought at an average cost of C$4.47 per share, for a total transaction of C$44,748.00.
Lithium Americas Trading Up 1.5 %
Shares of Lithium Americas stock traded up C$0.08 on Friday, hitting C$5.51. 344,823 shares of the company's stock traded hands, compared to its average volume of 815,244. The firm's 50-day moving average price is C$4.43 and its two-hundred day moving average price is C$4.25. The company has a debt-to-equity ratio of 0.69, a current ratio of 20.15 and a quick ratio of 52.06. The stock has a market capitalization of C$1.20 billion, a PE ratio of -34.31 and a beta of 1.58. Lithium Americas Corp. has a one year low of C$2.87 and a one year high of C$10.59.
Lithium Americas (TSE:LAC - Get Free Report) last released its quarterly earnings data on Tuesday, November 5th. The company reported C($0.02) EPS for the quarter, beating analysts' consensus estimates of C($0.03) by C$0.01. On average, research analysts expect that Lithium Americas Corp. will post 1.3803828 EPS for the current fiscal year.
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Several analysts have recently commented on the stock. National Bankshares raised shares of Lithium Americas from a "sector perform" rating to an "outperform" rating and increased their price target for the company from C$5.75 to C$7.25 in a research note on Thursday, October 17th. Piper Sandler lowered Lithium Americas from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 29th. National Bank Financial upgraded Lithium Americas from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 16th. Finally, BMO Capital Markets upgraded Lithium Americas to a "hold" rating in a report on Wednesday, October 23rd. Three equities research analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, Lithium Americas presently has an average rating of "Moderate Buy" and an average price target of C$7.38.
Read Our Latest Report on LAC
Lithium Americas Company Profile
(
Get Free Report)
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.
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