Lithium Americas Corp Stock Today
| LAC Stock | USD 3.97 0.09 2.32% |
Performance9 of 100
| Odds Of DistressLess than 36
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Lithium Americas is trading at 3.97 as of the 24th of November 2024, a 2.32% increase since the beginning of the trading day. The stock's open price was 3.88. Lithium Americas has about a 36 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 26th of August 2024 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain Materials | IPO Date 25th of January 2018 | Category Basic Materials |
Lithium Americas Corp. operates as a resource company in the United States and Argentina. Lithium Americas Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada. Lithium Americas operates under Other Industrial Metals Mining classification in the United States and is traded on New York Stock Exchange. The company has 218.38 M outstanding shares of which 26.04 M shares are now shorted by investors with about 5.4 days to cover. More on Lithium Americas Corp
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ESG Sustainability
Environmental | Governance | Social |
| CEO | Jonathan Evans | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [LAC, Lacie SA] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, NYSE Composite, SP TSX Composite, Plastics, Silver, Non-Metallic and Industrial Metal Mining, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsLithium 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.
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Lithium Americas Corp (LAC) is traded on New York Stock Exchange in USA. It is located in 3260 - 666 Burrard St,, Vancouver, BC, Canada, V6C 2X8 and employs 37 people. Lithium Americas is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 893.17 M. Lithium Americas Corp runs under Metals & Mining sector within Materials industry. The entity has 218.38 M outstanding shares of which 26.04 M shares are now shorted by investors with about 5.4 days to cover.
Lithium Americas Corp has about 440.82 M in cash with (37.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.28.
Check Lithium Americas Probability Of Bankruptcy
Ownership AllocationLithium Americas Corp maintains a total of 218.38 Million outstanding shares. Lithium Americas Corp secures 7.38 % of its outstanding shares held by insiders and 26.6 % owned by institutional investors. 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.
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Lithium Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Bank Of America Corp | 2024-06-30 | 381.5 K | |
| Scotia Capital Inc | 2024-06-30 | 373.5 K | |
| Tidal Investments Llc. | 2024-09-30 | 350.5 K | |
| Wealth Enhancement Advisory Services, Llc | 2024-09-30 | 347.9 K | |
| Acadian Asset Management Llc | 2024-06-30 | 322 K | |
| Ameriprise Financial Inc | 2024-06-30 | 314.5 K | |
| Royal Bank Of Canada | 2024-06-30 | 309.1 K | |
| Susquehanna International Group, Llp | 2024-06-30 | 304.2 K | |
| Jane Street Group Llc | 2024-06-30 | 302.8 K | |
| Mirae Asset Global Etfs Holdings Ltd. | 2024-06-30 | 3.6 M | |
| William Blair Investment Management, Llc | 2024-09-30 | 3.2 M |
Lithium Americas Historical Income Statement
Lithium Stock Against Markets
Lithium Americas Corporate Directors
| Jean Fraser | Director | Profile | |
| Gary Cohn | Independent Director | Profile | |
| Fabiana Chubbs | Independent Director | Profile | |
| Chaiwat Kovavisarach | Independent Director | Profile |
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 nation. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lithium Americas. If investors know Lithium will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lithium Americas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.126 | Earnings Share (0.12) | Revenue Per Share 0.02 | Quarterly Revenue Growth 0.081 | Return On Assets (0.04) |
The market value of Lithium Americas Corp is measured differently than its book value, which is the value of Lithium that is recorded on the company's balance sheet. Investors also form their own opinion of Lithium Americas' value that differs from its market value or its book value, called intrinsic value, which is Lithium Americas' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lithium Americas' market value can be influenced by many factors that don't directly affect Lithium Americas' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.