Lithium Americas Corp (NewCo) (NYSE: LAC) Shares Inclined By 23.56% In One Month.

In the last trading session, 3.29 million Lithium Americas Corp (NewCo) (NYSE:LAC) shares changed hands as the company’s beta touched 0. With the company’s per share price at $7.08 changed hands at -$0.26 or -3.54% during last session, the market valuation stood at $1.15B. LAC’s last price was a discount, traded about -74.86% off its 52-week high of $12.38. The share price had its 52-week low at $3.81, which suggests the last value was 46.19% up since then. When we look at Lithium Americas Corp (NewCo)’s average trading volume, we note the 3-month average coming to 3.64 million.

Lithium Americas Corp (NewCo) (NYSE:LAC) trade information

Instantly LAC was in red as seen at the end of in last trading. With action 3.81%, the performance over the past five days has been green. The drop to weekly highs of 7.71 subtracted -3.54% to the stock’s daily price. The company’s shares are showing year-to-date upside of 10.62%, with the 5-day performance at 3.81% in the green. However, in the 30-day time frame, Lithium Americas Corp (NewCo) (NYSE:LAC) is 23.56% up.

Lithium Americas Corp (NewCo) (LAC) estimates and forecasts

Data shows that the Lithium Americas Corp (NewCo) share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -28.19% over the past 6 months, a -650.00% in annual growth rate that is considerably lower than the industry average of 19.70%. Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 40.15%. The 2024 estimates are for Lithium Americas Corp (NewCo) earnings to decrease by -566.54%.