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Lithium Americas TSX:LAC Stock Report

Last Price

CA$4.22

Market Cap

CA$682.3m

7D

-10.2%

1Y

-51.0%

Updated

19 Dec, 2024

Data

Company Financials +

LAC Stock Overview

Engages in the exploration and development of lithium properties in the United States and Canada. More details

LAC fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Lithium Americas Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Lithium Americas
Historical stock prices
Current Share PriceCA$4.22
52 Week HighCA$10.59
52 Week LowCA$2.87
Beta0
1 Month Change-18.85%
3 Month Change35.69%
1 Year Change-50.99%
3 Year Changen/a
5 Year Changen/a
Change since IPO-73.64%

Recent News & Updates

Here's Why We're Watching Lithium Americas' (TSE:LAC) Cash Burn Situation

Aug 17
Here's Why We're Watching Lithium Americas' (TSE:LAC) Cash Burn Situation

Recent updates

Here's Why We're Watching Lithium Americas' (TSE:LAC) Cash Burn Situation

Aug 17
Here's Why We're Watching Lithium Americas' (TSE:LAC) Cash Burn Situation

Lithium Americas (TSE:LAC) Will Have To Spend Its Cash Wisely

Mar 17
Lithium Americas (TSE:LAC) Will Have To Spend Its Cash Wisely

Shareholder Returns

LACCA Metals and MiningCA Market
7D-10.2%-7.4%-3.7%
1Y-51.0%15.7%15.0%

Return vs Industry: LAC underperformed the Canadian Metals and Mining industry which returned 15.7% over the past year.

Return vs Market: LAC underperformed the Canadian Market which returned 15% over the past year.

Price Volatility

Is LAC's price volatile compared to industry and market?
LAC volatility
LAC Average Weekly Movement12.9%
Metals and Mining Industry Average Movement10.1%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market2.9%

Stable Share Price: LAC has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: LAC's weekly volatility (13%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2023n/aJon Evanswww.lithiumamericas.com

Lithium Americas Corp. engages in the exploration and development of lithium properties in the United States and Canada. It holds a 100% interest in the Thacker Pass project located in northern Nevada, as well as investments in exploration properties in the United States and Canada. Lithium Americas Corp. was incorporated in 2023 and is headquartered in Vancouver, Canada.

Lithium Americas Corp. Fundamentals Summary

How do Lithium Americas's earnings and revenue compare to its market cap?
LAC fundamental statistics
Market capCA$682.30m
Earnings (TTM)-CA$47.85m
Revenue (TTM)n/a

0.0x

P/S Ratio

-14.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LAC income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$33.25m
Earnings-US$33.25m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.21
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did LAC perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 04:51
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Lithium Americas Corp. is covered by 17 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joel JacksonBMO Capital Markets Equity Research
Matthew KeyB. Riley Securities, Inc.
Lucas PipesB. Riley Securities, Inc.