NYSE
LAC

Lithium Americas Corp

Other Industrial Metals & Mining
Basic Materials

Prices are adjusted according to historical splits.

Lithium Americas Corp Stock Price

Vitals

Today's Low:
$18.78
Today's High:
$20.06
Open Price:
$19.28
52W Low:
$16.07
52W High:
$31.98
Prev. Close:
$19.14
Volume:
2879150

Company Statistics

Market Cap.:
$2.99 billion
Book Value:
7.792
Revenue TTM:
$-1535000
Operating Margin TTM:
0%
Gross Profit TTM:
$0
Profit Margin:
0%
Return on Assets TTM:
-3.71%
Return on Equity TTM:
-1.12%

Company Profile

Lithium Americas Corp had its IPO on 2018-01-25 under the ticker symbol LAC.

The company operates in the Basic Materials sector and Other Industrial Metals & Mining industry. Lithium Americas Corp has a staff strength of 749 employees.

Stock update

Shares of Lithium Americas Corp opened at $19.28 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $18.78 - $20.06, and closed at $18.91.

This is a -1.2% slip from the previous day's closing price.

A total volume of 2,879,150 shares were traded at the close of the day’s session.

In the last one week, shares of Lithium Americas Corp have increased by +1.89%.

Lithium Americas Corp's Key Ratios

Lithium Americas Corp has a market cap of $2.99 billion, indicating a price to book ratio of 4.1741 and a price to sales ratio of 89.0593.

In the last 12-months Lithium Americas Corp’s revenue was $-1535000 with a gross profit of $0 and an EBITDA of $-73541000. The EBITDA ratio measures Lithium Americas Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Lithium Americas Corp’s operating margin was 0% while its return on assets stood at -3.71% with a return of equity of -1.12%.

In Q2, Lithium Americas Corp’s quarterly earnings growth was a positive 12.6% while revenue growth was a positive 8.1%.

Lithium Americas Corp’s PE and PEG Ratio

Forward PE
40
Trailing PE
0
PEG

Its diluted EPS in the last 12-months stands at $-0.1 per share while it has a forward price to earnings multiple of 40 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Lithium Americas Corp’s profitability.

Lithium Americas Corp stock is trading at a EV to sales ratio of 88.4119 and a EV to EBITDA ratio of -42.2044. Its price to sales ratio in the trailing 12-months stood at 89.0593.

Lithium Americas Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$1.50 billion
Total Liabilities
$52.25 million
Operating Cash Flow
$-27146000.00
Capital Expenditure
$49.42 million
Dividend Payout Ratio
0%

Lithium Americas Corp ended 2024 with $1.50 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.50 billion while shareholder equity stood at $1.25 billion.

Lithium Americas Corp ended 2024 with $0 in deferred long-term liabilities, $52.25 million in other current liabilities, 1471599000.00 in common stock, $-252812000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $445.04 million and cash and short-term investments were $501.99 million. The company’s total short-term debt was $3,524,000 while long-term debt stood at $197.36 million.

Lithium Americas Corp’s total current assets stands at $529.37 million while long-term investments were $232.55 million and short-term investments were $56.96 million. Its net receivables were $8.07 million compared to accounts payable of $28.18 million and inventory worth $0.

In 2024, Lithium Americas Corp's operating cash flow was $-27146000.00 while its capital expenditure stood at $49.42 million.

Comparatively, Lithium Americas Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$18.91
52-Week High
$31.98
52-Week Low
$16.07
Analyst Target Price
$34.45

Lithium Americas Corp stock is currently trading at $18.91 per share. It touched a 52-week high of $31.98 and a 52-week low of $31.98. Analysts tracking the stock have a 12-month average target price of $34.45.

Its 50-day moving average was $19.01 and 200-day moving average was $20.94 The short ratio stood at 8.33 indicating a short percent outstanding of 0%.

Around 1297.3% of the company’s stock are held by insiders while 3096% are held by institutions.

Frequently Asked Questions About Lithium Americas Corp

The stock symbol (also called stock or share ticker) of Lithium Americas Corp is LAC

The IPO of Lithium Americas Corp took place on 2018-01-25

Similar Industry Stocks (Other Industrial Metals & Mining)

Last Price
Chg
Chg%
$40.95
-0.92
-2.2%
$2.54
0.26
+11.4%
$802.7
-26.1
-3.15%
$14.74
0
0%
$25.04
0.07
+0.28%
$66.27
-2.73
-3.96%
$0.18
0.02
+9.38%
$116.85
-4.25
-3.51%

Most Active

Last Price
Chg
Chg%
Amyris Inc (AMRS)
$0.14
0.07
+100%
$0.12
0.04
+45.29%
$0.96
0.05
+5.4%
$1.34
-0.35
-20.71%
Humbl Inc (HMBL)
$0
0
0%

Top Gainers

Last Price
Chg
Chg%
$0
0
+172200%
$0
0
+51200%
$283
280.03
+9428.62%
$11.2
10.57
+1667.68%
Latch Inc (LTCHW)
$0.01
-0.03
+1550%

Top Losers

Last Price
Chg
Chg%
$0.19
-123.15
-99.85%
$0
-0.11
-99.55%
$0
-0
-97.96%
$0
-0.01
-93.94%
$0.01
-0.06
-92.24%

About

Lithium Americas Corp. operates as a resource company in the United States and Argentina. The company explores for lithium deposits. It owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina; Thacker Pass project located in north-western Nevada; and Pastos Grandes project located in the Salta province of Argentina. The company was formerly known as Western Lithium USA Corporation and changed its name to Lithium Americas Corp. in March 2016. Lithium Americas Corp. is headquartered in Vancouver, Canada.

Address

300 ? 900 West Hastings Street, Vancouver, BC, Canada, V6C 1E5