Lithium Americas Corp. (NYSE:LAC – Free Report) – Research analysts at Scotiabank decreased their FY2025 EPS estimates for shares of Lithium Americas in a research note issued on Monday, April 22nd. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings per share of $0.22 for the year, down from their prior estimate of $0.28. Scotiabank currently has a “Sector Perform” rating and a $7.00 target price on the stock. The consensus estimate for Lithium Americas’ current full-year earnings is ($0.15) per share.
Lithium Americas (NYSE:LAC – Get Free Report) last announced its quarterly earnings results on Friday, March 15th. The company reported ($0.08) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.08).
Check Out Our Latest Report on Lithium Americas
Lithium Americas Price Performance
Shares of LAC opened at $4.75 on Tuesday. Lithium Americas has a 1 year low of $3.81 and a 1 year high of $12.38. The firm has a fifty day moving average of $5.78 and a 200-day moving average of $6.23.
Institutional Trading of Lithium Americas
Several large investors have recently added to or reduced their stakes in the company. Teamwork Financial Advisors LLC acquired a new stake in Lithium Americas during the 1st quarter worth about $68,000. MorganRosel Wealth Management LLC acquired a new stake in shares of Lithium Americas during the first quarter worth approximately $101,000. Wealth Enhancement Advisory Services LLC grew its position in Lithium Americas by 8.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 242,074 shares of the company’s stock valued at $1,627,000 after purchasing an additional 18,388 shares in the last quarter. Banque Cantonale Vaudoise purchased a new stake in Lithium Americas in the 1st quarter worth approximately $25,000. Finally, Mather Group LLC. acquired a new stake in shares of Lithium Americas during the 1st quarter valued at $26,000.
About Lithium Americas
Lithium Americas Corp. engages in the exploration and development of lithium properties in the United States and Canada. It holds a 100% interest in the Thacker Pass project located in northern Nevada, as well as investments in exploration properties in the United States and Canada. Lithium Americas Corp.
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