Lithium Americas Corp (NewCo) (LAC) concluded trading on Wednesday at a closing price of $2.87, with 5.18 million shares of worth about $14.86 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -22.01% during that period and on April 30, 2025 the price saw a loss of about -1.37%. Currently the company’s common shares owned by public are about 218.47M shares, out of which, 184.47M shares are available for trading.
Stock saw a price change of 3.99% in past 5 days and over the past one month there was a price change of 5.90%. Year-to-date (YTD), LAC shares are showing a performance of -3.37% which decreased to -37.88% 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 4.35 million. The stock is currently trading 5.79% above its 20-day simple moving average (SMA20), while that difference is up 2.15% for SMA50 and it goes to -4.06% 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 $627.64M and its 3Y-monthly beta is at 0.62. It has posted earnings per share of -$0.00 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 5.57% while standing at 7.29% over the month.
Stock’s fiscal year EPS is expected to rise by 2.34% while it is estimated to decrease by -56.53% 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.
