Lithium Americas Corp. (TSE:LAC – Free Report) – Analysts at Scotiabank cut their FY2025 EPS estimates for Lithium Americas in a note issued to investors on Monday, March 31st. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings per share of ($0.37) for the year, down from their previous forecast of ($0.13). The consensus estimate for Lithium Americas’ current full-year earnings is $1.38 per share. Scotiabank also issued estimates for Lithium Americas’ FY2026 earnings at ($0.37) EPS.
LAC has been the topic of a number of other research reports. Cormark upgraded Lithium Americas to a “moderate buy” rating in a report on Friday, January 17th. Wedbush upgraded Lithium Americas to a “hold” rating in a research report on Thursday, December 19th. Finally, National Bankshares upped their target price on Lithium Americas from C$7.25 to C$7.50 and gave the company an “outperform” rating in a report on Friday, January 10th. Three analysts have rated the stock with a hold rating, one has assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Lithium Americas presently has an average rating of “Moderate Buy” and an average price target of C$7.50.
Lithium Americas Price Performance
Shares of TSE:LAC opened at C$3.96 on Thursday. The company’s fifty day moving average is C$4.21 and its two-hundred day moving average is C$4.47. The company has a market cap of C$602.49 million, a P/E ratio of -20.71 and a beta of 1.58. Lithium Americas has a 12-month low of C$2.87 and a 12-month high of C$10.59. The company has a quick ratio of 52.06, a current ratio of 13.88 and a debt-to-equity ratio of 0.65.
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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