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

Today, shares of Lithium Americas Corp opened at $3.50 and closed at $3.35. prices ranged from $3.31 to $3.51.

The price decreased -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 -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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

Trading volume was 553,559 on 1,834 total trades. On average, Lithium Americas Corp has traded 772,852 shares over the last 5-days and 740,540 year-to-date.

Trading across the entire TSX saw 432 price advancers against 4,843 declines and 43 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 52 weeks, Lithium Americas Corp's shares have plummeted -86.87 percent, while they have shrunken -60.59% since the start of 2024.

Following today's trading, Lithium Americas Corp has a market capitalization of $727.52 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. 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..