Lithium Americas Corp (NewCo) (LAC) concluded trading on Wednesday at a closing price of $2.70, with 4.03 million shares of worth about $10.88 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.91% during that period and on April 16, 2025 the price saw a gain of about 2.66%. Currently the company’s common shares owned by public are about 218.47M shares, out of which, 184.81M shares are available for trading.
Stock saw a price change of -0.74% in past 5 days and over the past one month there was a price change of -10.89%. Year-to-date (YTD), LAC shares are showing a performance of -9.09% which decreased to -60.35% 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 $6.82 during that period. The average intraday trading volume for Lithium Americas Corp (NewCo) shares is 4.59 million. The stock is currently trading -1.37% below its 20-day simple moving average (SMA20), while that difference is down -5.26% for SMA50 and it goes to -9.52% lower than SMA200.
Lithium Americas Corp (NewCo) (NYSE: LAC) currently have 218.47M outstanding shares and institutions hold larger chunk of about 15.64% of that.
The stock has a current market capitalization of $590.46M and its 3Y-monthly beta is at 0.66. It has posted earnings per share of -$0.10 in the same period. It has Quick Ratio of 10.33 while making debt-to-equity ratio of 0.03. 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 6.80% while standing at 7.06% over the month.
Stock’s fiscal year EPS is expected to rise by 3.28% while it is estimated to decrease by -72.57% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wedbush on December 19, 2024 offering a Neutral rating for the stock and assigned a target price of $5 to it. On July 29, 2024, Piper Sandler Initiated their recommendations, while on March 18, 2024, Scotiabank Downgrade their ratings for the stock with a price target of $7. Stock get a Neutral rating from JP Morgan on December 11, 2023.
