Lithium Americas Corp (NewCo) (NYSE: LAC) kicked off on Friday, up 6.72% from the previous trading day, before settling in for the closing price of $2.53. Over the past 52 weeks, LAC has traded in a range of $2.02-$7.71.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
While this was happening, its average annual earnings per share was recorded 12.19%. With a float of $184.81 million, this company’s outstanding shares have now reached $218.47 million.
Let’s look at the performance matrix of the company that is accounted for 79 employees. In terms of profitability, gross margin is -270488.24%, operating margin of -166458823.53%, and the pretax margin is -250776470.59%.
Lithium Americas Corp (NewCo) (LAC) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Other Industrial Metals & Mining Industry. The insider ownership of Lithium Americas Corp (NewCo) is 15.49%, while institutional ownership is 15.63%. The most recent insider transaction that took place on Apr 03 ’25, was worth 2,710. In this transaction Director of this company bought 1,000 shares at a rate of $2.71, taking the stock ownership to the 5,101 shares.
Lithium Americas Corp (NewCo) (LAC) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.19% per share during the next fiscal year.
Lithium Americas Corp (NewCo) (NYSE: LAC) Trading Performance Indicators
Take a look at Lithium Americas Corp (NewCo)’s (LAC) current performance indicators. Last quarter, stock had a quick ratio of 10.33.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.10, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.29 in one year’s time.
Technical Analysis of Lithium Americas Corp (NewCo) (LAC)
Lithium Americas Corp (NewCo) (NYSE: LAC) saw its 5-day average volume 5.33 million, a positive change from its year-to-date volume of 4.67 million. As of the previous 9 days, the stock’s Stochastic %D was 61.82%. Additionally, its Average True Range was 0.21.
During the past 100 days, Lithium Americas Corp (NewCo)’s (LAC) raw stochastic average was set at 21.08%, which indicates a significant decrease from 57.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 97.85% in the past 14 days, which was higher than the 63.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.87, while its 200-day Moving Average is $2.98. Nevertheless, the first resistance level for the watch stands at $2.77 in the near term. At $2.85, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.97. If the price goes on to break the first support level at $2.57, it is likely to go to the next support level at $2.45. Assuming the price breaks the second support level, the third support level stands at $2.37.
Lithium Americas Corp (NewCo) (NYSE: LAC) Key Stats
The company with the Market Capitalisation of 590.46 million has total of 220,685K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -42,530 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -22,180 K.
