LAC.TO - Lithium Americas Corp.

Toronto - Toronto Delayed Price. Currency in CAD
3.9400
+0.0700 (+1.81%)
At close: 3:59PM EST
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Previous Close3.8700
Open3.9000
Bid3.9100 x 0
Ask3.9400 x 0
Day's Range3.9000 - 4.0000
52 Week Range3.6000 - 6.4300
Volume84,158
Avg. Volume99,080
Market Cap354M
Beta (3Y Monthly)2.89
PE Ratio (TTM)7.42
EPS (TTM)0.5310
Earnings DateAug 13, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est7.64
  • GlobeNewswire

    Lithium Americas Reports Third Quarter 2019 Results

    Lithium Americas Corp. (LAC.TO) (LAC.TO) ("Lithium Americas" or the "Company") has announced its financial and operating results for the three months ended September 30, 2019. This news release should be read in conjunction with Lithium Americas’ unaudited condensed consolidated interim financial statements and management's discussion and analysis ("MD&A") for the nine months ended September 30, 2019, which are available on the Company’s website and SEDAR. Lithium Americas is also pleased to announce that it has filed the previously announced Updated Feasibility Study and Mineral Reserve Estimation to Support 40,000 tpa Lithium Carbonate Production at the Cauchari-Olaroz Salars, Jujuy Province, Argentina, with an effective date of August 19, 2019, on SEDAR.

  • Trade Alert: The Chief Technical Officer Of Lithium Americas Corp. (TSE:LAC), Rene LeBlanc, Has Sold Some Shares Recently
    Simply Wall St.

    Trade Alert: The Chief Technical Officer Of Lithium Americas Corp. (TSE:LAC), Rene LeBlanc, Has Sold Some Shares Recently

    We note that the Lithium Americas Corp. (TSE:LAC) Chief Technical Officer, Rene LeBlanc, recently sold US$95k worth of...

  • Reuters

    Rio Tinto studying ways to produce lithium from waste rock at California mine

    Rio Tinto Plc is studying ways to extract lithium from waste rock at a mine it controls in California, making it the latest company trying to produce the battery metal in the United States for the fast-growing electric vehicle market. The move by Rio comes as U.S. politicians and regulators push to expand domestic mining of so-called strategic minerals used to make EV batteries and other high-tech equipment. Rio has produced borates - a group of minerals used to make soaps, cosmetics and other consumer goods - for nearly a century in the Mojave Desert, about 120 miles (195 km) north of Los Angeles.

  • GlobeNewswire

    Lithium Americas Appoints Dr. Yuan Gao to Board of Directors

    Lithium Americas Corp. (LAC.TO) (LAC.TO) ("Lithium Americas" or the "Company") today announced the appointment of Dr. Yuan Gao to its Board of Directors. "We are pleased to welcome Dr. Gao to Lithium Americas' Board of Directors,” commented George Ireland, Lithium Americas' Chairman.

  • The U.S. Doubles Down On Domestic Lithium Production
    Oilprice.com

    The U.S. Doubles Down On Domestic Lithium Production

    Battery metals are quickly becoming a key priority for the United States as it moves to reduce its dependence on foreign mineral imports

  • Lithium Americas Corp. (TSE:LAC) Insiders Increased Their Holdings
    Simply Wall St.

    Lithium Americas Corp. (TSE:LAC) Insiders Increased Their Holdings

    It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that...

  • Reuters

    Lithium Americas boosts budget, production target for Argentina project

    Lithium Americas Corp on Monday boosted its budget and production forecast for Argentina's Cauchari-Olaroz lithium brine project, a bullish move linked to the electric vehicle revolution, sending its shares up more than 4 percent in after-hours trading. The move is a tacit bet by the company and partner Ganfeng Lithium Co Ltd that a projected surge in long-term demand for the white metal will overcome any short-term concerns about Argentina's economy. Embattled President Maurio Macri has initiated capital controls to protect the peso currency and is expected by many to lose re-election next month.

  • GlobeNewswire

    Lithium Americas Announces 40,000 TPA Feasibility Study for the Caucharí-Olaroz Lithium Project

    Lithium Americas Corp. (LAC.TO) (LAC.TO) ("Lithium Americas" or the "Company") is pleased to provide results of a 40,000 tonnes per annum (“tpa”) definitive feasibility study (“40,000 tpa DFS" or “DFS”) on the Caucharí-Olaroz lithium project ("Caucharí-Olaroz" or the “Project”) currently under construction in Jujuy Province, Argentina. Caucharí-Olaroz is 100% owned by Minera Exar S.A. (“Minera Exar”), a 50/50 joint venture between Lithium Americas and Ganfeng Lithium Co., Ltd. (“Ganfeng Lithium”).

  • Reuters

    Lithium Americas trims production target, budget for Nevada mine

    Lithium Americas Corp has cut its budget and production target for a proposed Nevada mine amidst growing concern of a global supply glut for the white metal, a key ingredient used to make electric vehicle batteries. The announcement on Wednesday from the British Columbia-based company comes as lithium prices plummet in China, the world's largest consumer of the metal, due to fears of supply exceeding demand, even as Rivian Automotive LLC, Volkswagen AG and other automakers launch ambitious EV plans. Lithium Americas said it now plans to spend $400 million on the first phase of its Thacker Pass project with output of 20,000 tonnes of lithium annually.

  • PR Newswire

    NACCO Industries, Inc. Announces Execution Of Agreement To Become Exclusive Contract Miner For The Thacker Pass Lithium Mine In Nevada

    CLEVELAND, Sept. 25, 2019 /PRNewswire/ -- NACCO Industries, Inc. (NC) announced today that a subsidiary has entered into a mining agreement to serve as exclusive contract miner for the Thacker Pass lithium project in northern Nevada. Sawtooth will design, construct, operate, and maintain the Thacker Pass surface mine, which will supply Lithium Nevada's lithium-bearing claystone ore requirements.

  • GlobeNewswire

    Lithium Americas Provides Update on the Thacker Pass Lithium Project

    Vancouver, Canada: Lithium Americas Corp. (LAC.TO) (LAC.TO) ("Lithium Americas" or the "Company") is pleased to provide an update on the Thacker Pass lithium project (“Thacker Pass” or the “Project”) located in northern Nevada. Thacker Pass is 100% owned by Lithium Nevada Corp. (“Lithium Nevada”), a wholly-owned subsidiary of Lithium Americas.

  • Reuters

    Miners push for U.S. Congress to vote on electric vehicle supply chain bills

    Mining executives eager to speed U.S. production of lithium and other metals for the burgeoning electric vehicle industry are frustrated that the U.S. Congress has yet to pass legislation designed to streamline mine permitting and fund geological studies, among other steps. Earlier this year, Washington's trade war with Beijing threatened to curb Chinese shipments to the United States of rare earth minerals used in defense equipment. China is also the world's largest electric vehicle battery producer, processor of lithium and consumer of copper.

  • Reuters

    UPDATE 1-U.S. 'falling behind' in global race to develop electric vehicle supply chain

    The United States is losing the race to extract and refine minerals used to make electric vehicles and should do more to spur domestic production, a bipartisan group of senators said on Tuesday. The push comes as China has grown to dominate the market for lithium, rare earths, cobalt and other so-called strategic minerals used to make a plethora of consumer products, a dominance that politicians have said poses a strategic threat to the United States. "China is consolidating control of the entire supply chain for clean technologies," Senator Lisa Murkowski, the Alaskan Republican who is the chair of the Senate's Energy and Natural Resources Committee, said.

  • GuruFocus.com

    This Lithium Stock Is Better Than Tesla

    This company can win the electric vehicle war Continue reading...

  • Is Lithium Americas (TSE:LAC) A Risky Investment?
    Simply Wall St.

    Is Lithium Americas (TSE:LAC) A Risky Investment?

    David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

  • GlobeNewswire

    Lithium Americas Completes US$160 Million Project Investment by Ganfeng Lithium

    Lithium Americas Corp. (LAC.TO) (LAC) ("Lithium Americas" or the "Company") is pleased to announce that it has closed the previously announced transaction (the “Project Investment”) in which a subsidiary of Ganfeng Lithium Co., Ltd. (“Ganfeng Lithium”) subscribed for newly issued shares of Minera Exar S.A. (“Minera Exar”), the holding company for the Caucharí-Olaroz lithium brine project in Jujuy, Argentina (“Caucharí-Olaroz” or the “Project”). In consideration for the newly issued shares, Minera Exar has received US$160 million in cash to continue to fund the Project’s construction activities. Upon closing, Ganfeng Lithium has increased its interest in Caucharí-Olaroz from 37.5% to 50%, with Lithium Americas holding the remaining 50% interest.

  • GlobeNewswire

    Lithium Americas Reports Q2 2019 Results

    Lithium Americas Corp. (LAC.TO) (LAC) ("Lithium Americas" or the "Company") has announced its financial and operating results for the three months ended June 30, 2019. On April 1, 2019 the Company entered into a definitive transaction agreement whereby Ganfeng Lithium Co., Ltd. (“Ganfeng”) has agreed to subscribe, through a wholly-owned subsidiary, for 141 million newly issued shares of Minera Exar S.A. (“Minera Exar”), for cash consideration of $160 million (such transaction, the “Project Investment”). On closing of the Project Investment, Ganfeng will increase its direct interest in the Caucharí-Olaroz project from 37.5% to 50%, with Lithium Americas holding the remaining 50% interest (each subject to the rights of JEMSE (a company owned by the Government of Jujuy Province) to acquire an 8.5% interest in Minera Exar).

  • Is Lithium Americas Corp. (TSE:LAC) Trading At A 40% Discount?
    Simply Wall St.

    Is Lithium Americas Corp. (TSE:LAC) Trading At A 40% Discount?

    Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Lithium Americas...

  • GlobeNewswire

    Lithium Americas Announces Results of 2019 Annual General Meeting

    VANCOUVER, British Columbia, June 27, 2019 -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) is pleased to announce the results of its.

  • How much does lithium cost? The industry can't seem to agree
    Reuters

    How much does lithium cost? The industry can't seem to agree

    Opaque pricing for lithium, the powerhouse metal fueling the electric vehicle revolution, is expected to be top of mind this week as the industry's leaders gather in Santiago, with calls rising for more transparency to attract much-needed expansion funding. The London Metal Exchange is working to develop a tradable price for the white metal, but until then, the industry's investors, customers, analysts and executives are left without a full sense of the global market. "The fact that there isn't a benchmark price means that some of the banks haven't been keen to get involved because they can't hedge their price risk," said William Adams, an analyst at Fastmarkets, which is hosting the Santiago conference and vying to be a pricing provider for the LME contract.

  • What Kind Of Shareholder Appears On The Lithium Americas Corp.'s (TSE:LAC) Shareholder Register?
    Simply Wall St.

    What Kind Of Shareholder Appears On The Lithium Americas Corp.'s (TSE:LAC) Shareholder Register?

    Every investor in Lithium Americas Corp. (TSE:LAC) should be aware of the most powerful shareholder groups. Large...

  • GlobeNewswire

    Lithium Americas Provides Update on the Project Investment by Ganfeng Lithium

    Lithium Americas Corp. (LAC.TO) (LAC) ("Lithium Americas" or the "Company") is pleased to provide an update on the transaction announced April 1, 2019, whereby Ganfeng Lithium Co. Ltd. (together with its subsidiaries, “Ganfeng Lithium”) has agreed to subscribe, through a wholly-owned subsidiary, for newly issued shares of Minera Exar S.A. (“Minera Exar”), the holding company for the Caucharí-Olaroz lithium brine project (the “Project” or “Caucharí-Olaroz) for cash consideration of US$160 million (such transaction, the “Project Investment”). Ganfeng Lithium Regulatory Approvals – the Company has been advised by Ganfeng Lithium that it has received all required regulatory approvals for closing the Project Investment.