Lithium Americas Corp Stock Today
| LAC Stock | USD 4.49 0.19 4.06% |
Performance2 of 100
| Odds Of DistressLess than 46
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Lithium Americas is trading at 4.49 as of the 25th of April 2024, a -4.06 percent decrease since the beginning of the trading day. The stock's open price was 4.68. Lithium Americas has 46 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Lithium Americas Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Materials | IPO Date 25th of January 2018 | Category Basic Materials |
Lithium Americas Corp. operates as a resource company in the United States and Argentina. Lithium Americas Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada. Lithium Americas operates under Other Industrial Metals Mining classification in the United States and is traded on New York Stock Exchange. The company has 217.16 M outstanding shares of which 14.82 M shares are now shorted by investors with about 2.79 days to cover. More on Lithium Americas Corp
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Follow Valuation Options Odds of Bankruptcy
Financial Report 20th of May 2024
Lithium Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Lithium Americas' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lithium Americas or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Jonathan Evans | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [LAC, Lacie SA] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, NYSE Composite, SP TSX Composite, Silver, Non-Metallic and Industrial Metal Mining, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Lithium Americas report their recommendations after researching Lithium Americas' financial statements, talking to executives and customers, or listening in on Lithium Americas' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Lithium Americas Corp. The Lithium consensus assessment is calculated by taking the average forecast from all of the analysts covering Lithium Americas. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Lithium Americas' liquidity, profitability, solvency, and operating efficiency, Lithium Americas Corp may be sliding down financialy. It has an above-average likelihood of going through some form of financial trouble next quarter. Financial strength of Lithium Americas Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Lithium Americas' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Lithium Americas' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Lithium Americas' financial leverage. It provides some insight into what part of Lithium Americas' total assets is financed by creditors.
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Lithium Americas Corp (LAC) is traded on New York Stock Exchange in USA. It is located in 900 West Hastings Street, Vancouver, BC, Canada, V6C 1E5 and employs 39 people. Lithium Americas is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.02 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lithium Americas's market, we take the total number of its shares issued and multiply it by Lithium Americas's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Lithium Americas Corp runs under Metals & Mining sector within Materials industry. The entity has 217.16 M outstanding shares of which 14.82 M shares are now shorted by investors with about 2.79 days to cover.
Lithium Americas Corp has about 440.82 M in cash with (38.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.28.
Check Lithium Americas Probability Of Bankruptcy
Ownership AllocationLithium Americas Corp maintains a total of 217.16 Million outstanding shares. Lithium Americas Corp secures 7.66 % of its outstanding shares held by insiders and 19.46 % owned by institutional investors. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Lithium Ownership Details
Lithium Stock Price Odds Analysis
What are Lithium Americas' target price odds to finish over the current price? Based on a normal probability distribution, the odds of Lithium Americas jumping above the current price in 90 days from now is about 80.51%. The Lithium Americas Corp probability density function shows the probability of Lithium Americas stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.2195. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Lithium Americas will likely underperform. Additionally, lithium Americas Corp has an alpha of 0.0461, implying that it can generate a 0.0461 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Lithium Americas to move above the current price in 90 days from now is about 80.51 (This Lithium Americas Corp probability density function shows the probability of Lithium Stock to fall within a particular range of prices over 90 days) .
Lithium Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Lithium Americas that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Lithium Americas' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Lithium Americas' value.| Instituion | Recorded On | Shares | |
| Formidable Asset Management Llc | 2023-12-31 | 555.6 K | |
| Oz Management Llc | 2023-12-31 | 485.7 K | |
| Scotia Capital Inc | 2023-12-31 | 356.7 K | |
| Royal Bank Of Canada | 2023-12-31 | 354.3 K | |
| Ameraudi Asset Management, Inc. | 2023-12-31 | 330 K | |
| Wells Fargo & Co | 2023-12-31 | 326.8 K | |
| Capital Fund Management Sa | 2023-12-31 | 324.2 K | |
| Bank Of Montreal | 2023-12-31 | 323.3 K | |
| Bmo Capital Markets Corp. | 2023-12-31 | 323.3 K | |
| Fifthdelta Ltd | 2023-12-31 | 5.2 M | |
| Vanguard Group Inc | 2023-12-31 | 3.5 M |
Lithium Americas Historical Income Statement
Lithium Americas Corp Income Statement is one of the three primary financial statements used for reporting Lithium's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Lithium Americas Corp revenue and expense. Lithium Americas Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Lithium Americas' Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to 3.15, whereas Selling General Administrative is forecasted to decline to about 15.5 K. View More FundamentalsLithium Stock Against Markets
Picking the right benchmark for Lithium Americas stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Lithium Americas stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Lithium Americas is critical whether you are bullish or bearish towards Lithium Americas Corp at a given time. Please also check how Lithium Americas' historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Lithium Americas without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Lithium Americas Corporate Directors
Lithium Americas corporate directors refer to members of a Lithium Americas board of directors. The board of directors generally takes responsibility for the Lithium Americas' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Lithium Americas' board members must vote for the resolution. The Lithium Americas board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Jean Fraser | Director | Profile | |
| Gary Cohn | Independent Director | Profile | |
| Fabiana Chubbs | Independent Director | Profile | |
| Chaiwat Kovavisarach | Independent Director | Profile |
How to buy Lithium Stock?
Before investing in Lithium Americas, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Lithium Americas. To buy Lithium Americas stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Lithium Americas. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Lithium Americas stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Lithium Americas Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Lithium Americas Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Lithium Americas Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Lithium Stock please use our How to Invest in Lithium Americas guide.
Already Invested in Lithium Americas Corp?
The danger of trading Lithium Americas Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Lithium Americas is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Lithium Americas. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Lithium Americas Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Lithium Americas Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lithium Americas' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lithium Americas Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lithium Americas Corp Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithium Americas Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Lithium Americas Corp information on this page should be used as a complementary analysis to other Lithium Americas' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Lithium Stock analysis
When running Lithium Americas' price analysis, check to measure Lithium Americas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lithium Americas is operating at the current time. Most of Lithium Americas' value examination focuses on studying past and present price action to predict the probability of Lithium Americas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lithium Americas' price. Additionally, you may evaluate how the addition of Lithium Americas to your portfolios can decrease your overall portfolio volatility.
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Is Lithium Americas' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lithium Americas. If investors know Lithium will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lithium Americas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.126 | Earnings Share (0.02) | Revenue Per Share (0.02) | Quarterly Revenue Growth 0.081 | Return On Assets (0.07) |
The market value of Lithium Americas Corp is measured differently than its book value, which is the value of Lithium that is recorded on the company's balance sheet. Investors also form their own opinion of Lithium Americas' value that differs from its market value or its book value, called intrinsic value, which is Lithium Americas' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lithium Americas' market value can be influenced by many factors that don't directly affect Lithium Americas' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lithium Americas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lithium Americas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lithium Americas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.