LAC - Lithium Americas Corp.

NYSE - NYSE Delayed Price. Currency in USD
3.2800
-0.1700 (-4.93%)
At close: 4:02PM EDT
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Previous Close3.4500
Open3.4500
Bid3.3100 x 1000
Ask3.3300 x 800
Day's Range3.2500 - 3.4501
52 Week Range2.7500 - 5.1700
Volume201,185
Avg. Volume133,515
Market Cap292.151M
Beta (3Y Monthly)1.37
PE Ratio (TTM)N/A
EPS (TTM)-0.3170
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • 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.

  • Lithium Americas Corp. (LAC) Reports Q2 Loss, Lags Revenue Estimates
    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).

  • Lithium Americas Corp. (LAC) May Report Negative Earnings: Know the Trend Ahead of Q2 Release
    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.

  • 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.

  • 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

    Stocks Jump on Huawei Delay

    Stocks Jump on Huawei Delay

  • Lithium Americas' (LAC) Q1 Earnings Beat, Sales Miss Estimates
    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.

  • Lithium Americas Corp. (LAC) Reports Q1 Loss, Lags Revenue Estimates
    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.

  • Lithium Americas (LAC) to Post Q1 Earnings: What's in Store?
    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.

  • Analysts Estimate Lithium Americas Corp. (LAC) to Report a Decline in Earnings: What to Look Out for
    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.

  • The U.S. Has a Battery Problem in the Race for Electric Car Supremacy
    Bloomberg

    The 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.

  • Zacks

    NASDAQ Back Above 8,000

    NASDAQ Back Above 8,000

  • Zacks

    Another Positive Week as Jobs Bounce Back

    Another Positive Week as Jobs Bounce Back

  • Exclusive: United States sets sights on China in new electric vehicle push
    Reuters

    Exclusive: 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.