Lithium Americas Corp.: 4Q Earnings Snapshot

Associated Press
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VANCOUVER, British Columbia (AP) _ Lithium Americas Corp. (LAC) on Tuesday reported a loss of $9.7 million in its fourth quarter.

On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 10 cents.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share.

For the year, the company reported a loss of $36.2 million, or 39 cents per share, swinging to a loss in the period.

Lithium Americas Corp. shares have climbed 51% since the beginning of the year. The stock has more than quadrupled in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LAC at https://www.zacks.com/ap/LAC

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