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After finishing at $2.82 in the prior trading day, Lithium Americas Corp (NewCo) (NYSE: LAC) closed at $2.84, up 0.71%. In other words, the price has increased by $0.71 from its previous closing price. On the day, 3.26 million shares were traded.
Ratios:
Our goal is to gain a better understanding of LAC by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.35 and its Current Ratio is at 10.35. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
On December 19, 2024, Wedbush started tracking the stock assigning a Neutral rating and target price of $5.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 17 ’25 when GRANDY EDWARD sold 23 shares for $2.68 per share. The transaction valued at 62 led to the insider holds 151,155 shares of the business.
BROWN MICHAEL JOHN bought 1,000 shares of LAC for $2,710 on Apr 03 ’25. The Director now owns 5,101 shares after completing the transaction at $2.71 per share.
Stock Price History:
Over the past 52 weeks, LAC has reached a high of $5.20, while it has fallen to a 52-week low of $2.02. The 50-Day Moving Average of the stock is -0.53%, while the 200-Day Moving Average is calculated to be -5.46%.
Shares Statistics:
A total of 218.69M shares are outstanding, with a floating share count of 184.66M. Insiders hold about 15.65% of the company’s shares, while institutions hold 15.63% stake in the company.
