Closing Bell: Lithium Americas Corp up on Wednesday (LAC)

Lithium Americas Corp opened trading today at $3.62 and closed at $3.74. It traded at a low of $3.62 to a high of $3.84.

Share prices advanced 3.60% from the previous day's close of $3.61.

Today across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

Lithium Americas Corp traded under LAC on the Toronto Stock Exchange (TSX).

Trading volume was 1,803,321 on 2,731 total trades, while having an average volume of 748,966 over the last 5-days.

The TSX overall saw 3,418 price advancers against 1,773 declines and 138 unchanged.

During the prior 52 weeks, LAC.TO has traded as high as $28.88 (September 18,2023) and low as $3.41 (July 09,2024). Moreover, in the last 12 months, Lithium Americas Corp's shares have plummeted -85.49%, while this year, they have plummeted -56.00%.

Following today's trading, Lithium Americas Corp has a market capitalization of $783.98 million on a float of 217,170 shares outstanding. Its annual EPS is $-0.05.

Lithium Americas Corp is a TSX Industrial Metals Minerals company headquartered in Vancouver, CAN.

Currently, Lithium Americas Corp's consensus rating is "Moderate Buy" based on 13 analysts according to Zacks. From those 13 analysts, 8 have buy ratings and 5 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..