In today’s recent session, 0.98 million shares of the Lithium Americas Corp (NewCo) (NYSE:LAC) have been traded, and its beta is 0.51. Most recently the company’s share price was $2.63, and it changed around -$0.04 or -1.42% from the last close, which brings the market valuation of the company to $576.17M. LAC at last check was trading at a discount to its 52-week high of $5.20, offering almost -97.72% off that amount. The share price’s 52-week low was $2.02, which indicates that the recent value has risen by an impressive 23.19% since then.
Lithium Americas Corp (NewCo) stock received a consensus recommendation rating of Hold, based on a mean score of 2.25. If we narrow it down even further, the data shows that 0 out of 15 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 7 recommended LAC as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight.
Lithium Americas Corp (NewCo) (NYSE:LAC) trade information
Instantly LAC has been showing red trend so far today with a performance of -1.42% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 2.89 on recent trading dayincreased the stock’s daily price by 9.0%. The company’s shares are currently down -11.38% year-to-date, but still down -4.64% over the last five days. On the other hand, Lithium Americas Corp (NewCo) (NYSE:LAC) is -6.67% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $5, which translates to bulls needing to increase their stock price by 47.4% from its current value. Analyst projections state that LAC is forecast to be at a low of $5 and a high of $5.
Lithium Americas Corp (NewCo) earnings are expected to increase by 4.91% in 2025, but the outlook is negative -15.00% per year for the next five years.
LAC Dividends
Lithium Americas Corp (NewCo)’s next quarterly earnings report is expected to be released in July.
GENERAL MOTORS HOLDINGS LLC, with 7.0466% or 15.0 million shares worth $48.01 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
