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

Today during trading, shares of Lithium Americas Corp opened at $3.19 and closed at $3.17. prices ranged from a low of $3.07 to a high of $3.22.

Share prices eased -5.37 percent from the previous day's close of $3.35.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

Trading volume was 507,443 on 2,061 total trades, with an average volume of 756,832 over 5 days.

The TSX market on the whole today saw 3,772 price advancers against 1,443 declines and 86 unchanged.

During the prior 52 weeks, LAC.TO has traded as high as $28.88 (September 18,2023) and low as $3.07 (August 06,2024). Moreover, in the last 12 months, Lithium Americas Corp's shares have shrunken -87.77%, while in 2024, they have shrunken -62.71%.

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.

Currently, Lithium Americas Corp's consensus rating is "Moderate Buy" based on 13 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..