Lithium Americas (Argentina) Corp (NYSE:LAAC) has a beta value of 1.32 and has seen 0.71 million shares traded in the recent trading session. The company, currently valued at $460.51M, closed the recent trade at $2.86 per share which meant it gained $0.28 on the day or 10.66% during that session. The LAAC stock price is -184.62% off its 52-week high price of $8.14 and 27.62% above the 52-week low of $2.07. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.45 million shares traded. The 3-month trading volume is 1.32 million shares.
The consensus among analysts is that Lithium Americas (Argentina) Corp (LAAC) is Buy stock at the moment, with a recommendation rating of 1.54. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 2 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.01.
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Lithium Americas (Argentina) Corp (NYSE:LAAC) trade information
Sporting 10.66% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the LAAC stock price touched $2.86 or saw a rise of 0.35%. Year-to-date, Lithium Americas (Argentina) Corp shares have moved -54.83%, while the 5-day performance has seen it change 11.52%. Over the past 30 days, the shares of Lithium Americas (Argentina) Corp (NYSE:LAAC) have changed 3.44%. Short interest in the company has seen 11.88 million shares shorted with days to cover at 9.19.
Wall Street analysts have a consensus price target for the stock at $4.25, which means that the shares’ value could jump 32.71% from the levels at last check today. The projected low price target is $3.5 while the price target rests at a high of $7.5. In that case, then, we find that the latest price level in today’s session is -162.24% off the targeted high while a plunge would see the stock gain -22.38% from the levels at last check today.
Lithium Americas (Argentina) Corp (LAAC) estimates and forecasts
Figures show that Lithium Americas (Argentina) Corp shares have underperformed across the wider relevant industry. The company’s shares have lost -42.79% over the past 6 months, with this year growth rate of -88.89%, compared to 18.00% for the industry.
1 analysts offering their estimates for the company have set an average revenue estimate of 39M for the current quarter. 1 have an estimated revenue figure of 48.4M for the next ending quarter.
LAAC Dividends
Lithium Americas (Argentina) Corp is expected to release its next earnings report on 2024-Nov-05 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Lithium Americas (Argentina) Corp (NYSE:LAAC)’s Major holders
Also the top two Mutual Funds that are holding company’s shares are VanEck ETF Trust-VanEck Rare Earth/Strategic Metals ETF and Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF. As of Jul 31, 2024, the former fund manager holds about 1.20% shares in the company for having 1.93 shares of worth $5.47 million while later fund manager owns 1.43 shares of worth $4.04 million as of Aug 31, 2024, which makes it owner of about 0.88% of company’s outstanding stock.
