During the last session, Lithium Americas Corp. (NYSE:LAC)’s traded shares were 3,306,743, with the beta value of the company hitting 0. At the end of the trading day, the stock’s price was $14.75, reflecting an intraday loss of -7.06% or -$1.12. The 52-week high for the LAC share is $28.75, that puts it down -94.92% from that peak though still a striking +81.02% gain since the share price plummeted to a 52-week low of $2.8. The company’s market capitalization is $1.77 Billion, and the average intraday trading volume over the past 10 days was 4.94 Million shares, and the average trade volume was 6.66 Million shares over the past three months.

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Lithium Americas Corp. (LAC) received a consensus recommendation of Overweight from analysts. That translates to a mean rating of 0. LAC has a Sell rating from none of the analyst(s) out of 9 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 5 recommend a Buy rating for it. None of the analyst(s) has rated the stock Underweight.

Lithium Americas Corp. (NYSE:LAC): Trading Information

Lithium Americas Corp. (LAC) registered a -7.06% downside in the last session and has traded in the green over the past 5 sessions. The stock spiked 15.81% in intraday trading to $17.52 this Thursday, Apr 01, hitting a weekly high. The stock’s 5-day price performance is 2.86%, and it has moved by -1.07% in 30 days. Based on these gigs, the overall price performance for the year is 17.53%. The short interest in Lithium Americas Corp. (NYSE:LAC) is 5.11 Million shares and it means that shorts have 0.77 day(s) to cover.

The consensus price target of analysts on Wall Street is $21.19, which implies an increase of 43.66% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $15.9 and $25.5 respectively. As a result, LAC is trading at a discount of 72.88% off the target high and 7.8% off the low.

Lithium Americas Corp. (LAC) projections and forecasts

An analysis of the company’s performance over the past 5 years shows that the company’s earnings fell an estimated 0%. While earnings are projected to return 0% in 2021, the next five years will return 0% per annum.

Lithium Americas Corp. (NYSE:LAC)’s Biggest Investors

Lithium Americas Corp. insiders own 17.49% of total outstanding shares while institutional holders control 22.56%, with the float percentage being 27.34%. Invesco Ltd. is the largest shareholder of the company, while 137 institutions own stock in it. As of Dec 30, 2020, the company held over 3.77 Million shares (or 3.16% of all shares), a total value of $47.3 Million in shares.

The next largest institutional holding, with 1.26 Million shares, is of Van Eck Associates Corporation’s that is approximately 1.05% of outstanding shares. At the market price on Dec 30, 2020, these shares were valued at $15.76 Million.


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Also, the Mutual Funds coming in first place with the largest holdings of Lithium Americas Corp. (LAC) shares are Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF and VanEck Vectors ETF Tr-Rare Earth/Strategic Metals ETF. Data provided on Feb 27, 2021 indicates that Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF owns about 4,508,928 shares. This amounts to just over 3.78 percent of the company’s overall shares, with a $84.32 Million market value. The same data shows that the other fund manager holds slightly less at 2.05 Million, or about 1.72% of the stock, which is worth about $38.38 Million.

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