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Lithium Americas Corp (NewCo) (NYSE: LAC) closed the day trading at $2.63 down -4.71% from the previous closing price of $2.76. In other words, the price has decreased by -$4.71 from its previous closing price. On the day, 5.0 million shares were traded.
Ratios:
For a better understanding of LAC, let’s 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 May 19 ’25 when BROWN MICHAEL JOHN bought 100 shares for $2.81 per share. The transaction valued at 282 led to the insider holds 5,201 shares of the business.
GRANDY EDWARD sold 23 shares of LAC for $62 on Apr 17 ’25. The Sr VP, GC & Secretary now owns 151,155 shares after completing the transaction at $2.68 per share. On Apr 03 ’25, another insider, BROWN MICHAEL JOHN, who serves as the Director of the company, bought 1,000 shares for $2.71 each. As a result, the insider paid 2,710 and bolstered with 5,101 shares of the company.
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 -6.08%, while the 200-Day Moving Average is calculated to be -13.22%.
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 15.81% stake in the company.
Earnings Estimates
The performance of Lithium Americas Corp (NewCo) (LAC) in the stock market is under the watchful eye of 2.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.06 and low estimates of -$0.07.
Analysts are recommending an EPS of between -$0.16 and -$0.34 for the fiscal current year, implying an average EPS of -$0.24. EPS for the following year is -$0.24, with 7.0 analysts recommending between -$0.03 and -$0.51.
