Lithium Americas Corp. (TSE:LAC – Free Report) – Equities researchers at National Bank Financial reduced their FY2025 earnings per share estimates for shares of Lithium Americas in a note issued to investors on Wednesday, October 16th. National Bank Financial analyst M. Sidibe now anticipates that the company will earn ($0.29) per share for the year, down from their prior forecast of ($0.01). National Bank Financial currently has a “Strong-Buy” rating on the stock. The consensus estimate for Lithium Americas’ current full-year earnings is $1.38 per share. National Bank Financial also issued estimates for Lithium Americas’ FY2026 earnings at ($0.33) EPS and FY2027 earnings at ($0.44) EPS.
Lithium Americas (TSE:LAC – Get Free Report) last announced its quarterly earnings results on Tuesday, August 13th. The company reported C($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of C($0.03) by C($0.04).
View Our Latest Stock Analysis on LAC
Lithium Americas Price Performance
Shares of TSE LAC opened at C$4.15 on Monday. The company has a current ratio of 20.15, a quick ratio of 52.06 and a debt-to-equity ratio of 0.69. The company’s 50-day moving average price is C$3.49 and its 200 day moving average price is C$4.66. Lithium Americas has a 52 week low of C$2.87 and a 52 week high of C$10.75. The stock has a market cap of C$904.70 million, a price-to-earnings ratio of -25.94 and a beta of 1.58.
Insider Transactions at Lithium Americas
In other Lithium Americas news, Senior Officer Oleksandr Shulga sold 24,862 shares of Lithium Americas stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of C$3.40, for a total value of C$84,530.80. Insiders own 7.40% of the company’s stock.
Lithium Americas Company Profile
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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