LAC.TO - Lithium Americas Corp.

Toronto - Toronto Delayed Price. Currency in CAD
4.6500
+0.0700 (+1.53%)
At close: 4:00PM EDT
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Previous Close4.5800
Open4.5100
Bid4.6500 x 0
Ask4.7000 x 0
Day's Range4.5100 - 4.6900
52 Week Range3.7400 - 6.6900
Volume130,978
Avg. Volume112,180
Market Cap414.087M
Beta (3Y Monthly)1.84
PE Ratio (TTM)N/A
EPS (TTM)-0.3170
Earnings DateAug 13, 2019 - Aug 13, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est7.39
  • 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.

  • 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.

  • 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.

  • 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.

  • Should You Take Comfort From Insider Transactions At Lithium Americas Corp. (TSE:LAC)?
    Simply Wall St.

    Should You Take Comfort From Insider Transactions At Lithium Americas Corp. (TSE:LAC)?

    We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders have sold shares. So we'll take a look a...

  • 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.

  • Associated Press

    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

    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

    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.

  • Reuters

    Advantage Lithium replaces CEO in wake of college admissions scandal

    Advantage Lithium Corp said on Thursday it has temporarily replaced Chief Executive David Sidoo as he battles U.S. fraud charges connected to a sweeping college admissions scandal. The company has named board member Callum Grant, an engineer by training, as interim president and said it would move forward with plans to develop an Argentine lithium deposit. Sidoo also stepped down as president and CEO of Vancouver-based East West Petroleum on Thursday.

  • Is Lithium Americas Corp.’s (TSE:LAC) Balance Sheet A Threat To Its Future?
    Simply Wall St.

    Is Lithium Americas Corp.’s (TSE:LAC) Balance Sheet A Threat To Its Future?

    While small-cap stocks, such as Lithium Americas Corp. (TSE:LAC) with its market cap of CA$505m, are popular for their explosive growth, investors should also be aware of their balance sheetRead More...

  • GlobeNewswire

    New Lithium Supply - From Pilot Plants to Commercialization; Companies Ramping up for Global Demand of the Future

    POINT ROBERTS, Wash. and DELTA, British Columbia, March 04, 2019 -- Investorideas.com, an investor news source covering lithium stocks, issues a snapshot looking at key trends.