Lithium Americas Corp (NewCo) (LAC) concluded trading on Wednesday at a closing price of $2.71, with 4.49 million shares of worth about $12.18 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -32.08% during that period and on June 04, 2025 the price saw a gain of about 2.65%. Currently the company’s common shares owned by public are about 218.69M shares, out of which, 184.66M shares are available for trading.
Stock saw a price change of -2.52% in past 5 days and over the past one month there was a price change of -7.82%. Year-to-date (YTD), LAC shares are showing a performance of -8.75% which decreased to -20.06% 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 4.43 million. The stock is currently trading -5.95% below its 20-day simple moving average (SMA20), while that difference is down -3.57% for SMA50 and it goes to -10.51% lower than SMA200.
Lithium Americas Corp (NewCo) (NYSE: LAC) currently have 218.69M outstanding shares and institutions hold larger chunk of about 15.81% of that.
The stock has a current market capitalization of $593.25M and its 3Y-monthly beta is at 0.50. It has posted earnings per share of -$0.00 in the same period. It has Quick Ratio of 10.35 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 2.43% while standing at 3.24% over the month.
Analysts are in expectations that Lithium Americas Corp (NewCo) (LAC) stock would likely to be making an EPS of -0.05 in the current quarter, while forecast for next quarter EPS is -0.06 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 -0.04 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 -0.01 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 3.74% while it is estimated to decrease by -48.62% 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.
