Lithium Americas Corp (NewCo) (NYSE: LAC) on Thursday, plunged -0.74% from the previous trading day, before settling in for the closing price of $2.70. Within the past 52 weeks, LAC’s price has moved between $2.02 and $6.82.
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The company achieved an average annual earnings per share of 1.92%. With a float of $184.02 million, this company’s outstanding shares have now reached $218.47 million.
Considering the fact that the conglomerate employs 79 people, you should pay attention to its efficiency factor. 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 Activity
Observing investor behavior towards Other Industrial Metals & Mining industry stocks is more important than anything else. The insider ownership of Lithium Americas Corp (NewCo) is 15.86%, while institutional ownership is 15.59%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.92% per share during the next fiscal year.
Lithium Americas Corp (NewCo) (NYSE: LAC) Trading Performance Indicators
Lithium Americas Corp (NewCo) (LAC) is currently performing well based on its current performance indicators. A quick ratio of 10.33 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.10, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach -0.34 in one year’s time.
Technical Analysis of Lithium Americas Corp (NewCo) (LAC)
Compared to the last year’s volume of 4.6 million, its volume of 3.53 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 69.23%. Additionally, its Average True Range was 0.19.
During the past 100 days, Lithium Americas Corp (NewCo)’s (LAC) raw stochastic average was set at 20.00%, which indicates a significant decrease from 67.27% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 95.83% in the past 14 days, which was higher than the 62.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.84, while its 200-day Moving Average is $2.98. Nevertheless, the first resistance level for the watch stands at $2.75 in the near term. At $2.81, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.87. If the price goes on to break the first support level at $2.62, it is likely to go to the next support level at $2.56. Should the price break the second support level, the third support level stands at $2.50.
Lithium Americas Corp (NewCo) (NYSE: LAC) Key Stats
Market capitalization of the company is 586.09 million based on 220,685K outstanding shares. Right now, sales total 0 K and income totals -42,530 K. The company made 0 K in profit during its latest quarter, and -22,180 K in sales during its previous quarter.
