Lithium Americas Corp (NewCo) (LAC) concluded trading on Wednesday at a closing price of $2.93, with 6.11 million shares of worth about $17.9 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 3.17% during that period and on December 18, 2024 the price saw a loss of about -6.39%. Currently the company’s common shares owned by public are about 218.29M shares, out of which, 186.83M shares are available for trading.
Stock saw a price change of -13.06% in past 5 days and over the past one month there was a price change of -19.06%. Year-to-date (YTD), LAC shares are showing a performance of -54.22% which decreased to -54.85% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.02 but also hit the highest price of $7.71 during that period. The average intraday trading volume for Lithium Americas Corp (NewCo) shares is 8.98 million. The stock is currently trading -18.98% below its 20-day simple moving average (SMA20), while that difference is down -19.19% for SMA50 and it goes to -20.97% lower than SMA200.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Lithium Americas Corp (NewCo) (NYSE: LAC) currently have 218.29M outstanding shares and institutions hold larger chunk of about 17.92% of that.
The stock has a current market capitalization of $639.85M and its 3Y-monthly beta is at 0.80. It has posted earnings per share of -$0.09 in the same period. It has Quick Ratio of 13.88 while making debt-to-equity ratio of 0.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for LAC, volatility over the week remained 5.38% while standing at 5.69% over the month.
Stock’s fiscal year EPS is expected to drop by -412.50% while it is estimated to decrease by -29.07% in next year.
Coverage by Piper Sandler stated Lithium Americas Corp (NewCo) (LAC) stock as a Neutral in their note to investors on July 29, 2024, suggesting a price target of $3.90 for the stock. On March 18, 2024, Scotiabank Downgrade their recommendations, while on December 11, 2023, JP Morgan Initiated their ratings for the stock with a price target of $7. Stock get an Outperform rating from National Bank Financial on November 15, 2023.
