LAC - Lithium Americas Corp.
| Previous Close | 3.7700 |
| Open | 3.8000 |
| Bid | 3.7700 x 1200 |
| Ask | 3.7900 x 800 |
| Day's Range | 3.7700 - 3.8073 |
| 52 Week Range | 2.7500 - 5.5400 |
| Volume | 35,199 |
| Avg. Volume | 199,990 |
| Market Cap | 332.718M |
| Beta (3Y Monthly) | 1.47 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.3180 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- Reuters•17 days ago
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•20 days ago
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•last month
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•last month
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•last month
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•last month
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•last month
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•last month
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•last month
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•2 months ago
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•2 months ago
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.
Bloomberg•2 months agoThe 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•3 months ago
Another Positive Week as Jobs Bounce Back
Another Positive Week as Jobs Bounce Back
Reuters•3 months agoExclusive: 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.
- Zacks•3 months ago
Has Lithium Americas (LAC) Outpaced Other Basic Materials Stocks This Year?
Is (LAC) Outperforming Other Basic Materials Stocks This Year?
- Associated Press•3 months ago
Lithium Americas Corp.: 4Q Earnings Snapshot
On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 11 cents. Losses, adjusted for one-time gains and costs, were 5 cents per share. The metals and mining company ...
- GlobeNewswire•3 months ago
Factors of Influence in 2019, Key Indicators and Opportunity within The Kraft Heinz, United Continental, Fidus Investment, Lithium Americas, Axon Enterprise, and SandRidge Energy — New Research Emphasizes Economic Growth
NEW YORK, April 01, 2019 -- In new independent research reports released early this morning, Capital Review released its latest key findings for all current investors, traders,.
- GlobeNewswire•3 months ago
Lithium Americas Reports 2018 Financial and Operating Results
Lithium Americas Corp. (LAC.TO) (LAC) ("Lithium Americas" or the "Company") has announced its financial and operating results for the year ended December 31, 2018. 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”), the holding company for the Cauchari-Olaroz lithium brine project, for cash consideration of US$160 million (such transaction, the “Project Investment”). As a result of the Project Investment, Ganfeng will increase its direct and indirect 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•3 months ago
Lithium Americas Announces US$160 Million Project Investment by Ganfeng Lithium in Caucharí-Olaroz and Parties to Jointly Evaluate an Increase to 40,000 tpa
GFL agrees to subscribe for newly issued shares in Minera Exar, the holding company for Caucharí-Olaroz, for consideration of US$160 million. Lithium Americas and Ganfeng Lithium to form 50/50 joint venture. Upon closing, LAC and GFL will each own a 50% equity interest in Caucharí-Olaroz, adjusted from the current 62.5% and 37.5% interests, respectively.
