In recent trading session, Lithium Americas Corp (NewCo) (NYSE:LAC) saw 1.94 million shares changing hands at last check today with its beta currently measuring 0.75. Company’s recent per share price level of $3.12 trading at $0.04 or 1.14% at last check today assigns it a market valuation of $681.78M. That most recent trading price of LAC’s stock is at a discount of -66.67% from its 52-week high price of $5.20 and is indicating a premium of 35.26% from its 52-week low price of $2.02. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 4.1 million shares which gives us an average trading volume of 4.31 million if we extend that period to 3-months.
For Lithium Americas Corp (NewCo) (LAC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.08. Splitting up the data highlights that, out of 7 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.03 in the current quarter.
Lithium Americas Corp (NewCo) (NYSE:LAC) trade information
Upright in the green today for gaining 1.14%, in the last five days LAC remained trading in the red while hitting it’s week-highest on Monday, 05/12/25 when the stock touched $3.12 price level, adding 5.74% to its value on the day. Lithium Americas Corp (NewCo)’s shares saw a change of 4.88% in year-to-date performance and have moved -0.80% in past 5-day. Lithium Americas Corp (NewCo) (NYSE:LAC) showed a performance of 18.44% in past 30-days. Number of shares sold short was 32.72 million shares which calculate 7.57 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 5 to the stock, which implies a rise of 37.6% to its recent value today. Analysts have been projecting 5 as a low price target for the stock while placing it at a high target of 5. It follows that stock’s current price would drop -60.26% in reaching the projected high whereas dropping to the targeted low would mean a loss of -60.26% for stock’s current value.
In 2025, company’s earnings growth rate is likely to be around 2.34% while estimates for its earnings growth in next 5 years are of -15.15%.
Lithium Americas Corp (NewCo) (NYSE:LAC)’s Major holders
Insiders are in possession of 14.39% of company’s total shares while institution are holding 17.42 percent of that, with stock having share float percentage of 20.35%. Investors also watch the number of corporate investors in a company very closely, which is 17.42% institutions for Lithium Americas Corp (NewCo) that are currently holding shares of the company. GENERAL MOTORS HOLDINGS LLC is the top institutional holder at LAC for having 15.0 million shares of worth $40.21 million. And as of 2024-06-30, it was holding 7.3373 of the company’s outstanding shares.
The second largest institutional holder is GENERAL MOTORS HOLDINGS LLC, which was holding about 15.0 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.0466 of outstanding shares, having a total worth of $48.01 million.
On the other hand, VanEck ETF Trust-VanEck Rare Earth and Strategic Metals ETF and GLOBAL X FUNDS-Global X Lithium & Battery Tech ETF are the top two Mutual Funds which own company’s shares. As of Apr 30, 2025 , the former fund manager was holding 4.26 shares of worth $13.21 million or 1.95% of the total outstanding shares. The later fund manager was in possession of 1.55 shares on Mar 31, 2025 , making its stake of worth around $4.82 million in the company or a holder of 0.71% of company’s stock.
