Closing Bell: Lithium Americas Corp down on Thursday (LAC)

In today's trading, shares of Lithium Americas Corp opened at $3.74 and closed at $3.56. Intraday prices ranged from a low of $3.52 to a high of $3.82.

Share prices eased -4.81 percent from the previous day's close of $3.74.

Today across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

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

A total of 486,621 shares was traded during the last trading day, with total trades of 1,995, while having an average volume of 753,111 in the last five days.

The TSX market on the whole today saw 907 price advancers against 4,327 declines and 72 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, the shares have shrunken -86.20% in the last year, while this year, they have shrunken -58.12%.

Following today's trading, Lithium Americas Corp has a market capitalization of $812.22 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.

Lithium Americas Corp is holding an average recommendation of "Moderate Buy" from 13.00 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..