Executive Summary
Lithium Americas Corp. operates as a resource company in the United States.
Snowflake
Fundamentals
High growth potential with mediocre balance sheet.
Similar Companies
Share Price & News
How has Lithium Americas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-1.1%
TSX:LAC
0.08%
CA Metals and Mining
1.0%
CA Market
1 Year Return
-15.4%
TSX:LAC
20.3%
CA Metals and Mining
-5.0%
CA Market
LAC underperformed the Metals and Mining industry which returned 19.8% over the past year.
LAC underperformed the Market in Canada which returned -4.1% over the past year.
Share holder returns
| LAC | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.1% | 0.08% | 1.0% |
| 30 Day | -11.5% | -0.9% | -2.8% |
| 90 Day | -12.7% | 24.4% | -1.7% |
| 1 Year | -15.4%-15.4% | 21.2%20.3% | -1.7%-5.0% |
| 3 Year | -1.1%-1.1% | -8.9%-10.6% | 14.7%4.4% |
| 5 Year | 55.9%55.9% | -8.6%-12.0% | 12.5%-3.3% |
Price Volatility Vs. Market
How volatile is Lithium Americas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Here's Why Lithium Americas (TSE:LAC) Can Afford Some Debt1 month ago | Simply Wall St
What Percentage Of Lithium Americas Corp. (TSE:LAC) Shares Do Insiders Own?2 months ago | Simply Wall St
Announcing: Lithium Americas (TSE:LAC) Stock Increased An Energizing 108% In The Last Five YearsValuation
Is Lithium Americas undervalued based on future cash flows and its price relative to the stock market?
47%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Lithium Americas's share price is below the future cash flow value, and at a moderate discount (> 20%).
Lithium Americas's share price is below the future cash flow value, and at a substantial discount (> 40%).
Price Based on Earnings
Lithium Americas is loss making, we can't compare its value to the CA Metals and Mining industry average.
Lithium Americas is loss making, we can't compare the value of its earnings to the Canada market.
Price Based on Expected Growth
Unable to calculate PEG ratio for Lithium Americas, we can't assess if its growth is good value.
Price Based on Value of Assets
Lithium Americas is overvalued based on assets compared to the CA Metals and Mining industry average.
Next Steps
Future Growth
How is Lithium Americas expected to perform in the next 1 to 3 years based on estimates from 4 analysts?
54.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Lithium Americas's revenue is expected to grow significantly at over 20% yearly.
Lithium Americas's earnings are expected to grow significantly at over 20% yearly.
Lithium Americas's revenue growth is expected to exceed the Canada market average.
Lithium Americas's earnings growth is expected to exceed the Canada market average.
Lithium Americas's earnings growth is expected to exceed the low risk savings rate of 1.9%.
Earnings per Share Growth Estimates
Future Return on Equity
Unable to establish if Lithium Americas will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next Steps
Past Performance
How has Lithium Americas performed over the past 5 years?
-36.4%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Lithium Americas does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
Unable to compare Lithium Americas's 1-year earnings growth to the 5-year average as it is not currently profitable.
Unable to compare Lithium Americas's 1-year growth to the CA Metals and Mining industry average as it is not currently profitable.
Return on Equity
It is difficult to establish if Lithium Americas has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
Return on Assets
It is difficult to establish if Lithium Americas has efficiently used its assets last year compared to the CA Metals and Mining industry average (Return on Assets) as it is loss-making.
Return on Capital Employed
It is difficult to establish if Lithium Americas improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Next Steps
Financial Health
How is Lithium Americas's financial position?
Financial Position Analysis
Lithium Americas is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Lithium Americas's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
Lithium Americas's level of debt (113.7%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has increased over the past 5 years (5.5% vs 113.7% today).
Balance Sheet
Low level of unsold assets.
Debt is not covered by short term assets, assets are 0.4x debt.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Lithium Americas has sufficient cash runway for 1.4 years based on current free cash flow.
Lithium Americas has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 28.8% each year.
Next Steps
Dividend
What is Lithium Americas's current dividend yield, its reliability and sustainability?
Dividend Yield and Payments Analysis
Unable to evaluate Lithium Americas's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate Lithium Americas's dividend against the top 25% market benchmark as the company has not reported any payouts.
Unable to perform a dividend volatility check as Lithium Americas has not reported any payouts.
Unable to verify if Lithium Americas's dividend has been increasing as the company has not reported any payouts.
Current Payout to Shareholders
Unable to calculate sustainability of dividends as Lithium Americas has not reported any payouts.
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
Next Steps
Management
What is the CEO of Lithium Americas's salary, the management and board of directors tenure and is there insider trading?
1.0yrs
Average management tenure
CEO
Jon Evans (48yo)
0.3yrs
Tenure
US$1,498,426
Compensation
Mr. Jonathan D. Evans, also known as Jon, has been Chief Executive Officer and Director at Lithium Americas Corp. since May 2019 and has been its President since September 2018 and was its Director since J ...
CEO Compensation Analysis
Jon's remuneration is higher than average for companies of similar size in Canada.
Jon's compensation has increased whilst company is loss making.
Management Age and Tenure
1.0yrs
Average Tenure
48yo
Average Age
The average tenure for the Lithium Americas management team is less than 2 years, this suggests a new team.
Board Age and Tenure
2.2yrs
Average Tenure
53yo
Average Age
The average tenure for the Lithium Americas board of directors is less than 3 years, this suggests a new board.
Insider Trading
More shares have been bought than sold by Lithium Americas individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
| Entity | Company |
| Shares | 100,000 |
| Max Price | US$4.63 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 4,000 |
| Max Price | US$5.00 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 11,000 |
| Max Price | US$5.21 |
| Entity | Individual |
| Role | Member of the Board of Directors President of South American Operations & Director |
| Shares | 10,000 |
| Max Price | US$5.38 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 10,000 |
| Max Price | US$5.80 |
| Entity | Individual |
| Role | Chairman of the Board Non-Executive Chairman |
| Shares | 50,000 |
| Max Price | US$3.95 |
| Entity | Individual |
| Role | Vice Chairman Executive Vice Chairman |
| Shares | 100,000 |
| Max Price | US$4.76 |
| Entity | Individual |
| Role | Member of the Board of Directors President of South American Operations & Director |
| Shares | 5,000 |
| Max Price | US$4.53 |
| Entity | Individual |
| Role | Vice Chairman Executive Vice Chairman |
| Shares | 25,000 |
| Max Price | US$4.73 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 8,500 |
| Max Price | US$5.30 |
| Entity | Individual |
| Role | Member of the Board of Directors President of South American Operations & Director |
| Shares | 8,000 |
| Max Price | US$5.44 |
| Entity | Individual |
| Role | Chief Executive Officer President |
| Shares | 6,500 |
| Max Price | US$5.31 |
| Entity | Individual |
| Role | Chairman of the Board Non-Executive Chairman |
| Shares | 55,000 |
| Max Price | US$5.71 |
| Entity | Individual |
| Role | Chairman of the Board Non-Executive Chairman |
| Shares | 45,000 |
| Max Price | US$5.37 |
| Entity | Individual |
| Role | Chairman of the Board Non-Executive Chairman |
| Shares | 50,000 |
| Max Price | US$5.16 |
Ownership Breakdown
Management Team
Tom Hodgson (66yo)
Consultant
- Tenure: 0.3yrs
- Compensation: US$1.04m
Eduard Epshtein (44yo)
Chief Financial Officer
- Tenure: 11.3yrs
- Compensation: US$483.89k
Jon Evans (48yo)
President
- Tenure: 0.3yrs
- Compensation: US$1.50m
Alexi Zawadzki (47yo)
President of North American Operations
- Tenure: 2.0yrs
- Compensation: US$784.37k
John Kanellitsas (57yo)
Executive Vice Chairman
- Tenure: 3.8yrs
- Compensation: US$1.04m
Dennis Bryan
Senior Vice President of Development
- Tenure: 10.8yrs
- Compensation: US$310.51k
Franco Mignacco (37yo)
President of Minera Exar & Director
- Tenure: 3.9yrs
Alec Meikle
Vice President of Corporate Development
- Tenure: 1.0yrs
Gabriel Rubacha (53yo)
President of South American Operations & Director
- Tenure: 3.4yrs
- Compensation: US$918.76k
Rene LeBlanc
Chief Technical Officer
- Tenure: 1.0yrs
Board Members
George Ireland (62yo)
Non-Executive Chairman
- Tenure: 3.4yrs
- Compensation: US$161.00k
Gary Cohn (58yo)
Independent Director
- Tenure: 2.2yrs
- Compensation: US$121.00k
Jon Evans (48yo)
President
- Tenure: 0.3yrs
- Compensation: US$1.50m
John Kanellitsas (57yo)
Executive Vice Chairman
- Tenure: 3.8yrs
- Compensation: US$1.04m
Franco Mignacco (37yo)
President of Minera Exar & Director
- Tenure: 3.9yrs
Graham Thompson
Member of Advisory Committee
- Tenure: 0.0yrs
Fabi Chubbs (53yo)
Director
- Tenure: 0.2yrs
Xiaoshen Wang (51yo)
Independent Director
- Tenure: 2.2yrs
- Compensation: US$92.50k
Chaiwat Kovavisarach (52yo)
Independent Director
- Tenure: 2.1yrs
- Compensation: US$92.50k
Gabriel Rubacha (53yo)
President of South American Operations & Director
- Tenure: 3.4yrs
- Compensation: US$918.76k
Company Information
Lithium Americas Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Lithium Americas Corp.
- Ticker: LAC
- Exchange: TSX
- Founded: 2007
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$409.635m
- Shares outstanding: 89.05m
- Website: https://www.lithiumamericas.com
Number of Employees
Location
- Lithium Americas Corp.
- 900 West Hastings Street
- Suite 300
- Vancouver
- British Columbia
- V6C 1E5
- Canada
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| LAC | TSX (The Toronto Stock Exchange) | Yes | Common Shares | CA | CAD | Jul 2008 |
| WUC1 | DB (Deutsche Boerse AG) | Yes | Common Shares | DE | EUR | Jul 2008 |
| LAC | NYSE (New York Stock Exchange) | Yes | Common Shares | US | USD | Jul 2008 |
Biography
Lithium Americas Corp. operates as a resource company in the United States. The company explores for lithium deposits. It primarily holds interests in the Cauchari-Olaroz Project located in Jujuy province ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/08/23 00:09 |
| End of Day Share Price | 2019/08/22 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.