In today’s recent session, 1.8 million shares of the Lithium Americas Corp (NewCo) (NYSE:LAC) were traded. Most recently the company’s share price was $2.97, and it changed around $0.07 or 2.38% from the last close, which brings the market valuation of the company to $644.76M. LAC at last check was trading at a discount to its 52-week high of $12.38, offering almost -316.84% off that amount. The share price’s 52-week low was $2.49, which indicates that the recent value has risen by an impressive 16.16% since then. We note from Lithium Americas Corp (NewCo)’s average daily trading volume that its 3-month average coming to 5.36 million.
Lithium Americas Corp (NewCo) (NYSE:LAC) trade information
Instantly LAC has been showing a green trend so far today with a performance of 2.38% on intraday trading today. The performance over the last five days has remained in the green territory. The company’s shares are currently down -53.61% year-to-date, but still up 16.89% over the last five days. On the other hand, Lithium Americas Corp (NewCo) (NYSE:LAC) is 1.33% up in the 30-day period.
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The consensus price target as assigned by Wall Street analysts is $29.54, which translates to bulls needing to increase their stock price by 89.95% from its current value. Analyst projections state that LAC is forecast to be at a low of $8 and a high of $44.
Lithium Americas Corp (NewCo) (LAC) estimates and forecasts
Lithium Americas Corp (NewCo) share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -46.22 percent over the past six months and at a -400.00% annual growth rate that is well below the industry average of 20.60%.