Investor’s Delight: Lithium Americas Corp (NewCo) (LAC) Closes Strong at 3.16, Up 2.60

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The closing price of Lithium Americas Corp (NewCo) (NYSE: LAC) was $3.16 for the day, up 2.60% from the previous closing price of $3.08. In other words, the price has increased by $2.60 from its previous closing price. On the day, 5.3 million shares were traded.

Ratios:

Our analysis of LAC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 10.33 and its Current Ratio is at 10.33. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.

On December 19, 2024, Wedbush started tracking the stock assigning a Neutral rating and target price of $5.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 10.30%, while the 200-Day Moving Average is calculated to be 5.25%.

Shares Statistics:

A total of 218.47M shares are outstanding, with a floating share count of 184.63M. Insiders hold about 15.65% of the company’s shares, while institutions hold 15.16% stake in the company.

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