LAC - Lithium Americas Corp.
| Previous Close | 3.4500 |
| Open | 3.4500 |
| Bid | 3.3100 x 1000 |
| Ask | 3.3300 x 800 |
| Day's Range | 3.2500 - 3.4501 |
| 52 Week Range | 2.7500 - 5.1700 |
| Volume | 201,185 |
| Avg. Volume | 133,515 |
| Market Cap | 292.151M |
| Beta (3Y Monthly) | 1.37 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.3170 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- 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.
- Zacks
Lithium Americas Corp. (LAC) Reports Q2 Loss, Lags Revenue Estimates
Lithium Americas Corp. (LAC) delivered earnings and revenue surprises of 0.00% and -4.07%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
- 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).
- Zacks
Lithium Americas Corp. (LAC) May Report Negative Earnings: Know the Trend Ahead of Q2 Release
Lithium Americas Corp. (LAC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 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.
- 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.
- 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.
- Zacks
Lithium Americas' (LAC) Q1 Earnings Beat, Sales Miss Estimates
Lithium Americas (LAC) focuses on advancing the Cauchari-Olaroz and Thacker Pass projects. This will enable it to address growing global demand for lithium.
- Reuters
Lithium Americas names new CEO, quarterly loss shrinks
Lithium Americas Corp, which is developing lithium projects in Argentina and Nevada, said on Wednesday that its quarterly loss shrank as costs fell and sales rose, and that its chief executive would retire. The company is one of a handful of junior miners around the world working to develop mines for lithium, a key metal used to make electric vehicle batteries. The Vancouver-based company said CEO Tom Hodgson is retiring effective immediately and will be replaced by Jonathan Evans, who has been the company's president and chief operating officer since last September.
- Zacks
Lithium Americas Corp. (LAC) Reports Q1 Loss, Lags Revenue Estimates
Lithium Americas Corp. (LAC) delivered earnings and revenue surprises of 16.67% and -28.89%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
- Associated Press
Lithium Americas Corp.: 1Q Earnings Snapshot
The Vancouver, British Columbia-based company said it had a loss of 5 cents per share. The metals and mining company posted revenue of $1.3 million in the period. The company's shares closed at $3.56. ...
- GlobeNewswire
Lithium Americas Reports Q1 2019 Financial and Operating Results
Lithium Americas Corp. (LAC.TO) (LAC) ("Lithium Americas" or the "Company") has announced its financial and operating results for the quarter ended March 31, 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, for cash consideration of US$160 million (such transaction, the “Project Investment”). On closing of the Project Investment, Ganfeng will increase its direct interest in the Cauchari-Olaroz project from 37.5% to 50%, with Lithium Americas holding the remaining 50% interest (each subject to the rights of JEMSE (the Government of Jujuy) to acquire an approximate 8.5% interest in Minera Exar).
- GlobeNewswire
Lithium Americas Announces Retirement of Tom Hodgson and the Appointment of Jonathan Evans as Chief Executive Officer
Lithium Americas Corp. (LAC.TO) (LAC) ("Lithium Americas" or the "Company"), has announced today that Tom Hodgson has retired as Chief Executive Officer and Director. The Board of Directors has appointed Jonathan (Jon) Evans, currently President and Chief Operating Officer, to the role of President and Chief Executive Officer and to replace Tom Hodgson on the Board. Tom Hodgson has agreed to stay on as a consultant to assist with the transition and will continue to support the Company as needed.
- Reuters
U.S. Senate moves forward on plan to develop electric vehicle supply chain
The Senate's Energy and Natural Resources Committee held a hearing on the American Mineral Security Act, which would help streamline regulation and permitting requirements for the development of mines for lithium, graphite and other EV minerals. The pending legislation would require a tally of metal reserves in the United States and seek to streamline permitting for the EV sector, an area where China already leads by a wide margin. The bipartisan legislation, which seeks in part to codify a late 2017 executive order on U.S. mineral development by President Donald Trump, was sponsored by U.S. senators Lisa Murkowski, Joe Manchin and others.
- Zacks
Lithium Americas (LAC) to Post Q1 Earnings: What's in Store?
Our proven model does not show that Lithium Americas (LAC) is likely to beat estimates in Q1.
- Zacks
Analysts Estimate Lithium Americas Corp. (LAC) to Report a Decline in Earnings: What to Look Out for
Lithium Americas Corp. (LAC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
BloombergThe U.S. Has a Battery Problem in the Race for Electric Car Supremacy
Both Chinese and U.S.-based companies have invested heavily in lithium mining projects in Chile, Australia and Argentina, some of the world’s top producing nations. The raw materials gap will be discussed at a May 2 meeting in Washington expected to draw government officials, carmakers, mining companies and consultants on the need for streamlining the U.S. permit process for new lithium projects and stockpiling purchases.
ReutersExclusive: United States sets sights on China in new electric vehicle push
While Volkswagen AG, Tesla Inc and other electric-focused automakers and battery manufacturers are expanding in the United States and investing billions in the new technology, they are reliant on mineral imports without a major push to develop more domestic mines and processing facilities. China already dominates the electric vehicle supply chain. It produces nearly two-thirds of the world's lithium-ion batteries - compared to 5 percent for the United States - and controls most of the world's lithium processing facilities, according to data from Benchmark Minerals Intelligence, which tracks prices for lithium and other commodities and is organizing the Washington, D.C., event.
