Lithium Americas Corp. (NYSE:LAC – Free Report) – Equities researchers at National Bank Financial reduced their FY2025 earnings per share (EPS) estimates for Lithium Americas in a note issued to investors on Wednesday, October 16th. National Bank Financial analyst M. Sidibe now anticipates that the company will earn ($0.21) per share for the year, down from their previous estimate of ($0.01). National Bank Financial has a “Outperform” rating on the stock. The consensus estimate for Lithium Americas’ current full-year earnings is ($0.09) per share. National Bank Financial also issued estimates for Lithium Americas’ FY2026 earnings at ($0.24) EPS and FY2027 earnings at ($0.32) EPS.
Lithium Americas (NYSE:LAC – Get Free Report) last issued its quarterly earnings data on Tuesday, August 13th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.02).
Read Our Latest Report on Lithium Americas
Lithium Americas Trading Down 3.1 %
Shares of Lithium Americas stock opened at $3.14 on Monday. The stock has a fifty day simple moving average of $2.55 and a 200 day simple moving average of $3.32. Lithium Americas has a 12-month low of $2.02 and a 12-month high of $8.07.
Institutional Trading of Lithium Americas
Several large investors have recently added to or reduced their stakes in LAC. Banque Cantonale Vaudoise bought a new position in shares of Lithium Americas in the 1st quarter worth approximately $25,000. Mather Group LLC. bought a new stake in Lithium Americas during the 1st quarter valued at about $26,000. Quent Capital LLC bought a new stake in shares of Lithium Americas during the first quarter valued at approximately $48,000. Headlands Technologies LLC raised its stake in shares of Lithium Americas by 2,332.3% in the first quarter. Headlands Technologies LLC now owns 7,686 shares of the company’s stock worth $52,000 after purchasing an additional 7,370 shares during the last quarter. Finally, Fairscale Capital LLC purchased a new position in Lithium Americas in the 2nd quarter worth about $27,000.
Lithium Americas Company Profile
Lithium Americas Corp. engages in the exploration and development of lithium properties in the United States and Canada. It holds a 100% interest in the Thacker Pass project located in northern Nevada, as well as investments in exploration properties in the United States and Canada. Lithium Americas Corp.
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