NYSE:LAAC

Lithium Americas (Argentina) (LAAC) Stock Price, News & Analysis

$5.35
+0.14 (+2.69%)
(As of 12:40 PM ET)
Today's Range
$5.21
$5.44
50-Day Range
$4.74
$5.67
52-Week Range
$3.84
$8.79
Volume
355,476 shs
Average Volume
1.61 million shs
Market Capitalization
$861.89 million
P/E Ratio
0.67
Dividend Yield
N/A
Price Target
$10.70

Lithium Americas (Argentina) MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
100.0% Upside
$10.70 Price Target
Short Interest
Bearish
7.43% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.64mentions of Lithium Americas (Argentina) in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
83.33%
From $0.42 to $0.77 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.47 out of 5 stars

Basic Materials Sector

82nd out of 172 stocks

Metal Mining Industry

11th out of 22 stocks

LAAC stock logo

About Lithium Americas (Argentina) Stock (NYSE:LAAC)

Lithium Americas (Argentina) Corp. operates as a resource company. The company explores for lithium deposits. The company owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina. It also has a pipeline of development and exploration stage projects, including the Pastos Grandes project and the Sal de la Puna project located in Salta Province in northwestern Argentina. Lithium Americas (Argentina) Corp. is headquartered in Vancouver, Canada.

LAAC Stock Price History

LAAC Stock News Headlines

Lithium Overdose: Can These 2 Lithium Stocks Recover in 2024?
The electric vehicle (EV) trend brought the spotlight on the demand for lithium used in EV batteries. The fear of a dwindling supply of lithium and growing demand for it caused lithium carbonate prices to surge as high as $81,360 per tonne in November 2022.
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LAAC:CA Lithium Americas (Argentina) Corp.
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Company Calendar

Last Earnings
3/20/2024
Today
5/13/2024
Next Earnings (Confirmed)
5/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Metal mining
Sub-Industry
N/A
Fax
N/A
Employees
850
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$10.70
High Stock Price Target
$18.50
Low Stock Price Target
$6.50
Potential Upside/Downside
+105.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$1.29 billion
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Cash Flow
$0.18 per share
Book Value
$5.16 per share

Miscellaneous

Free Float
129,202,000
Market Cap
$839.33 million
Optionable
Optionable
Beta
1.33
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Key Executives

  • Mr. John Anthony Kanellitsas B.S. (Age 62)
    M.B.A., Executive Chairman
    Comp: $635.84k
  • Mr. Ignacio Celorrio (Age 51)
    Executive VP of Legal, Government & External Affairs
    Comp: $617.71k
  • Mr. Samuel Pigott (Age 40)
    CEO, President & Director
  • Mr. Alexander Shulga
    VP & CFO
  • Mr. Mariano Chiappori
    VP & Chief Operating Officer
  • Ms. Kelly O'Brien
    VP of Investor Relations & ESG
  • Mr. Edward Grandy (Age 55)
    Senior VP, General Counsel & Corporate Secretary
  • Ms. Rona Sellers
    Vice President of Compliance
  • Mr. Jose Manuel Aggio
    VP & Chief Human Resources Officer
  • Mr. Dennis P. Bryan P.E.
    Senior Vice President of Development

LAAC Stock Analysis - Frequently Asked Questions

Should I buy or sell Lithium Americas (Argentina) stock right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lithium Americas (Argentina) in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LAAC shares.
View LAAC analyst ratings
or view top-rated stocks.

What is Lithium Americas (Argentina)'s stock price target for 2024?

5 Wall Street analysts have issued 12-month target prices for Lithium Americas (Argentina)'s stock. Their LAAC share price targets range from $6.50 to $18.50. On average, they predict the company's share price to reach $10.70 in the next year. This suggests a possible upside of 100.0% from the stock's current price.
View analysts price targets for LAAC
or view top-rated stocks among Wall Street analysts.

How have LAAC shares performed in 2024?

Lithium Americas (Argentina)'s stock was trading at $6.32 at the beginning of 2024. Since then, LAAC stock has decreased by 15.3% and is now trading at $5.35.
View the best growth stocks for 2024 here
.

Are investors shorting Lithium Americas (Argentina)?

Lithium Americas (Argentina) saw a drop in short interest in the month of March. As of March 31st, there was short interest totaling 8,750,000 shares, a drop of 9.5% from the March 15th total of 9,670,000 shares. Based on an average trading volume of 1,810,000 shares, the short-interest ratio is presently 4.8 days. Currently, 7.3% of the shares of the company are sold short.
View Lithium Americas (Argentina)'s Short Interest
.

When is Lithium Americas (Argentina)'s next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 13th 2024.
View our LAAC earnings forecast
.

How can I listen to Lithium Americas (Argentina)'s earnings call?

Lithium Americas (Argentina) will be holding an earnings conference call on Tuesday, May 14th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Lithium Americas (Argentina)'s earnings last quarter?

Lithium Americas (Argentina) Corp. (NYSE:LAAC) released its quarterly earnings results on Wednesday, March, 20th. The company reported $0.06 earnings per share for the quarter, topping analysts' consensus estimates of $0.01 by $0.05.

Who are Lithium Americas (Argentina)'s major shareholders?

Lithium Americas (Argentina)'s stock is owned by a variety of institutional and retail investors. Top institutional shareholders include General Motors Holdings LLC (9.31%), Vanguard Group Inc. (2.21%), Van ECK Associates Corp (1.43%), M&G Plc (0.74%), Hartree Partners LP (0.55%) and Thomist Capital Management LP (0.37%).

How do I buy shares of Lithium Americas (Argentina)?

Shares of LAAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:LAAC) was last updated on 5/13/2024 by MarketBeat.com Staff

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