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

Lithium Americas Corp opened trading today at $3.25 and closed at $3.09. It traded at a low of $3.05 to a high of $3.27.

The price decreased -2.52% from the previous day's close of $3.17.

During the day across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

A total of 507,229 shares was traded during the last trading day, with total trades of 1,621, while having an average volume of 771,634 in the last five days.

The TSX market on the whole today saw 1,858 price advancers against 3,319 declines and 108 unchanged.

During the prior 52 weeks, LAC.TO has traded as high as $28.88 (September 18,2023) and low as $3.05 (August 07,2024). Moreover, the shares have plummeted -88.07% in 52 weeks, while this year, they have plummeted -63.65%.

Following today's trading, Lithium Americas Corp has a market capitalization of $688.43 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.

Based on 13.00 analysts, Lithium Americas Corp gets an average recommendation of "Moderate Buy" 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..