On Tuesday, Lithium Americas Corp (NewCo) (NYSE: LAC) opened lower -5.35% from the last session, before settling in for the closing price of $2.99. Price fluctuations for LAC have ranged from $2.11 to $5.20 over the past 52 weeks.
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
Company’s average yearly earnings per share was noted 2.57% at the time writing. With a float of $184.49 million, this company’s outstanding shares have now reached $223.33 million.
Let’s look at the performance matrix of the company that is accounted for 79 employees.
Lithium Americas Corp (NewCo) (LAC) Insider Updates
A key investor’s attitude towards the stock of the Other Industrial Metals & Mining industry is another important factor to consider. The most recent insider transaction that took place on May 19 ’25, was worth 282. In this transaction Director of this company bought 100 shares at a rate of $2.81, taking the stock ownership to the 5,201 shares. Before that another transaction happened on Apr 17 ’25, when Company’s Sr VP, GC & Secretary sold 23 for $2.68, making the entire transaction worth $62. This insider now owns 151,155 shares in total.
Lithium Americas Corp (NewCo) (LAC) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.03) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 2.57% per share during the next fiscal year.
Lithium Americas Corp (NewCo) (NYSE: LAC) Trading Performance Indicators
Check out the current performance indicators for Lithium Americas Corp (NewCo) (LAC). In the past quarter, the stock posted a quick ratio of 9.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.24, a number that is poised to hit -0.05 in the next quarter and is forecasted to reach -0.25 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 6.05 million, a positive change from its year-to-date volume of 5.63 million. As of the previous 9 days, the stock’s Stochastic %D was 72.81%.
During the past 100 days, Lithium Americas Corp (NewCo)’s (LAC) raw stochastic average was set at 44.00%, which indicates a significant decrease from 44.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.14 in the past 14 days, which was lower than the 0.15 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.83, while its 200-day Moving Average is $2.99. Nevertheless, the first resistance level for the watch stands at $2.91 in the near term. At $2.99, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.06. If the price goes on to break the first support level at $2.76, it is likely to go to the next support level at $2.69. Assuming the price breaks the second support level, the third support level stands at $2.61.
Lithium Americas Corp (NewCo) (NYSE: LAC) Key Stats
There are currently 241,663K shares outstanding in the company with a market cap of 632.02 million. Presently, the company’s annual sales total 0 K according to its annual income of -42,530 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -12,450 K.
