Lithium Americas Corp (NewCo) (NYSE: LAC) on Friday, plunged -14.11% from the previous trading day, before settling in for the closing price of $7.37. Within the past 52 weeks, LAC’s price has moved between $2.31 and $7.53.
The company achieved an average annual earnings per share of 7.02%. With a float of $184.49 million, this company’s outstanding shares have now reached $223.33 million.
Lithium Americas Corp (NewCo) (LAC) Insider and Institutional Ownership
Observing investor behavior towards Other Industrial Metals & Mining industry stocks is more important than anything else. The most recent insider transaction that took place on Sep 05 ’25, was worth 2,840. In this transaction Director of this company bought 1,000 shares at a rate of $2.84, taking the stock ownership to the 6,201 shares. Before that another transaction happened on May 19 ’25, when Company’s Director bought 100 for $2.81, making the entire transaction worth $282. This insider now owns 5,201 shares in total.
Lithium Americas Corp (NewCo) (LAC) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0 earnings per share (EPS) for the period topping the consensus outlook (set at -0.03) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year. According to the Wall Street analysts, stocks earnings will be around 7.02% 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 9.88 was reported for the most recent quarter.
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 -0.24 in one year’s time.
Technical Analysis of Lithium Americas Corp (NewCo) (LAC)
Let’s dig in a bit further. During the last 5-days, its volume was 130.88 million. That was better than the volume of 9.11 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 87.35%.
During the past 100 days, Lithium Americas Corp (NewCo)’s (LAC) raw stochastic average was set at 76.28%, which indicates a significant increase from 74.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.38 in the past 14 days, which was higher than the 0.18 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.14, while its 200-day Moving Average is $2.97. However, in the short run, Lithium Americas Corp (NewCo)’s stock first resistance to watch stands at $7.12. Second resistance stands at $7.91. The third major resistance level sits at $8.34. If the price goes on to break the first support level at $5.90, it is likely to go to the next support level at $5.47. The third support level lies at $4.68 if the price breaches the second support level.
Lithium Americas Corp (NewCo) (NYSE: LAC) Key Stats
Market capitalization of the company is 1.41 billion based on 241,663K 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 -12,450 K in sales during its previous quarter.
