Lithium Americas Corp Stock Today

LAAC Stock   4.58  0.29  5.95%   

Performance

8 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 41

 
High
 
Low
Below Average
Lithium Americas is selling at 4.58 as of the 27th of November 2024; that is 5.95% down since the beginning of the trading day. The stock's open price was 4.87. Lithium Americas has about a 41 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Lithium Americas Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of October 2024 and ending today, the 27th of November 2024. Click here to learn more.
Category
Basic Materials
Lithium Americas is entity of Canada. It is traded as Stock on TO exchange. The company has 161.92 M outstanding shares of which 2.76 M shares are now shorted by private and institutional investors with about 8.52 days to cover all short positions. More on Lithium Americas Corp

Moving together with Lithium Stock

  0.61TECK-B Teck ResourcesPairCorr
  0.67IVN Ivanhoe MinesPairCorr
  0.86FIL Filo Mining CorpPairCorr
  0.94SGML Sigma Lithium ResourcesPairCorr
  0.91FOM Foran MiningPairCorr

Moving against Lithium Stock

  0.54BA BOEING CDRPairCorr

Lithium Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Lithium Americas' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lithium Americas or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentJonathan Evans
Business ConcentrationOther Industrial Metals & Mining, Basic Materials, Other Industrial Metals & Mining, Basic Materials (View all Sectors)
Lithium Americas' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Lithium Americas' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Lithium Americas can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Lithium Americas' financial leverage. It provides some insight into what part of Lithium Americas' total assets is financed by creditors.
Liquidity
Lithium Americas cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Lithium Americas Corp has accumulated 202.97 M in total debt. Debt can assist Lithium Americas until it has trouble settling it off, either with new capital or with free cash flow. So, Lithium Americas' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Lithium Americas Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Lithium to invest in growth at high rates of return. When we think about Lithium Americas' use of debt, we should always consider it together with cash and equity.

Total Cash From Financing Activities

11.51 Million
Lithium Americas Corp (LAAC) is traded on Toronto Exchange in Canada and employs 850 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 720.53 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lithium Americas's market, we take the total number of its shares issued and multiply it by Lithium Americas's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Lithium Americas Corp operates under Basic Materials sector and is part of Other Industrial Metals & Mining industry. The entity has 161.92 M outstanding shares of which 2.76 M shares are now shorted by private and institutional investors with about 8.52 days to cover all short positions. Lithium Americas generates negative cash flow from operations
Check Lithium Americas Probability Of Bankruptcy
Ownership Allocation
Lithium Americas Corp maintains a total of 161.92 Million outstanding shares. 30% of Lithium Americas outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Lithium Ownership Details

Lithium Americas Corp Risk Profiles

Although Lithium Americas' alpha and beta are two of the key measurements used to evaluate Lithium Americas' performance over the market, the standard measures of volatility play an important role as well.

Lithium Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Lithium Americas without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Price Transformation Now

   

Price Transformation

Use Price Transformation models to analyze the depth of different equity instruments across global markets
All  Next Launch Module

Lithium Americas Corporate Management

Elected by the shareholders, the Lithium Americas' board of directors comprises two types of representatives: Lithium Americas inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Lithium. The board's role is to monitor Lithium Americas' management team and ensure that shareholders' interests are well served. Lithium Americas' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Lithium Americas' outside directors are responsible for providing unbiased perspectives on the board's policies.
When determining whether Lithium Americas Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lithium Americas' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lithium Americas Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lithium Americas Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithium Americas Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Please note, there is a significant difference between Lithium Americas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lithium Americas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lithium Americas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.