Lithium Americas Corp (NewCo) (LAC) concluded trading on Wednesday at a closing price of $2.76, with 4.72 million shares of worth about $13.04 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -12.10% during that period and on April 23, 2025 the price saw a gain of about 2.22%. Currently the company’s common shares owned by public are about 218.47M shares, out of which, 184.03M shares are available for trading.
Stock saw a price change of 4.94% in past 5 days and over the past one month there was a price change of -7.07%. Year-to-date (YTD), LAC shares are showing a performance of -7.07% which decreased to -41.65% 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 $5.20 during that period. The average intraday trading volume for Lithium Americas Corp (NewCo) shares is 4.44 million. The stock is currently trading 2.81% above its 20-day simple moving average (SMA20), while that difference is down -2.23% for SMA50 and it goes to -7.55% lower than SMA200.
Lithium Americas Corp (NewCo) (NYSE: LAC) currently have 218.47M outstanding shares and institutions hold larger chunk of about 15.58% of that.
The stock has a current market capitalization of $603.58M and its 3Y-monthly beta is at 0.54. 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 4.39% while standing at 7.09% over the month.
Analysts are in expectations that Lithium Americas Corp (NewCo) (LAC) stock would likely to be making an EPS of -0.03 in the current quarter, while forecast for next quarter EPS is -0.04 and it is -0.24 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.06 which is -0.01 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.02 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 4.14% while it is estimated to decrease by -63.22% 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 Evercore ISI on April 17, 2025 offering an Outperform rating for the stock and assigned a target price of $4.50 to it. Coverage by Wedbush stated Lithium Americas Corp (NewCo) (LAC) stock as a Neutral in their note to investors on December 19, 2024, suggesting a price target of $5 for the stock. On October 17, 2024, National Bank Financial Upgrade their recommendations, while on July 29, 2024, Piper Sandler Initiated their ratings for the stock with a price target of $3.90. Stock get a Sector perform rating from Scotiabank on March 18, 2024.
