Currently, there are 218.69M common shares owned by the public and among those 184.53M shares have been available to trade.
The company’s stock has a 5-day price change of 2.24% and 7.03% over the past three months. LAC shares are trading 1.48% year to date (YTD), with the 12-month market performance down to -7.74% lower. It has a 12-month low price of $2.02 and touched a high of $5.20 over the same period. LAC has an average intraday trading volume of 4.39 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 2.66%, -1.94%, and -10.17% respectively.
Institutional ownership of Lithium Americas Corp (NewCo) (NYSE: LAC) shares accounts for 16.01% of the company’s 218.69M shares outstanding.
It has a market capitalization of $599.81M and a beta (3y monthly) value of 0.53. The earnings-per-share (ttm) stands at -$0.00. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.82% over the week and 4.03% over the month.
Earnings per share for the fiscal year are expected to increase by 5.44%, and -44.56% over the next financial year.
Looking at the support for the LAC, a number of firms have released research notes about the stock. Evercore ISI stated their Outperform rating for the stock in a research note on April 17, 2025, with the firm’s price target at $4.50. Wedbush coverage for the Lithium Americas Corp (NewCo) (LAC) stock in a research note released on December 19, 2024 offered a Neutral rating with a price target of $5. National Bank Financial was of a view on October 17, 2024 that the stock is Outperform, while Piper Sandler gave the stock Neutral rating on July 29, 2024, issuing a price target of $3.90. Scotiabank on their part issued Sector Perform rating on March 18, 2024.
