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

Automated Summaries - The Globe and Mail - Fri Aug 2, 4:01PM CDT

Today during trading, Lithium Americas Corp shares closed at $3.35 after opening the day at $3.50. Intraday prices ranged from a low of $3.31 to a high of $3.51.

Shares reduced -5.90 percent from the previous day's close of $3.56.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

A total of 553,559 shares was traded during the session, with total trades of 1,834, with an average volume of 772,852 over 5 days.

The TSX market on the whole today saw 741 price advancers against 4,512 declines and 69 unchanged.

During the prior 52 weeks, LAC.TO has traded as high as $28.88 (September 18,2023) and low as $3.31 (August 02,2024). Moreover, in the last 12 months, Lithium Americas Corp's shares have plummeted -86.87 percent, while they have plummeted -60.59% since the start of 2024.

Following today's trading, Lithium Americas Corp has a market capitalization of $773.12 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 has an average recommendation of "Moderate Buy" based on 13.00 analysts according to Zacks. Currently, there are 8 buy ratings and 5 hold ratings for the stock.

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..