Currently, there are 218.29M common shares owned by the public and among those 187.06M shares have been available to trade.
The company’s stock has a 5-day price change of 0.00% and -1.23% over the past three months. LAC shares are trading 7.74% year to date (YTD), with the 12-month market performance down to -34.29% lower. It has a 12-month low price of $2.02 and touched a high of $7.71 over the same period. LAC has an average intraday trading volume of 8.03 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 0.06%, -8.96%, and -6.03% respectively.
Institutional ownership of Lithium Americas Corp (NewCo) (NYSE: LAC) shares accounts for 18.30% of the company’s 218.29M shares outstanding.
It has a market capitalization of $698.82M and a beta (3y monthly) value of 1.10. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.69% over the week and 6.24% over the month.
Analysts forecast that Lithium Americas Corp (NewCo) (LAC) will achieve an EPS of -0.03 for the current quarter, -0.03 for the next quarter and -0.12 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.04 while analysts give the company a high EPS estimate of -0.04. Earnings per share for the fiscal year are expected to decrease by -505.03%, and -34.65% over the next financial year.
Looking at the support for the LAC, a number of firms have released research notes about the stock. Wedbush stated their Neutral rating for the stock in a research note on December 19, 2024, with the firm’s price target at $5. Piper Sandler was of a view on July 29, 2024 that the stock is Neutral, while Scotiabank gave the stock Sector Perform rating on March 18, 2024, issuing a price target of $15- $7. JP Morgan on their part issued Neutral rating on December 11, 2023.
