Lithium Americas Corp (NewCo) (NYSE: LAC) on Monday, plunged -7.21% from the previous trading day, before settling in for the closing price of $3.05. Within the past 52 weeks, LAC’s price has moved between $2.02 and $5.20.
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
The company achieved an average annual earnings per share of 7.10%. With a float of $184.49 million, this company’s outstanding shares have now reached $218.69 million.
In an organization with 79 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
Lithium Americas Corp (NewCo) (LAC) Insider Updates
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 15.72%, while institutional ownership is 15.38%. 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
According to the Wall Street analysts, stocks earnings will be around 7.10% 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 10.35 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.00, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.27 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 10.56 million. That was better than the volume of 5.29 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 33.29%.
During the past 100 days, Lithium Americas Corp (NewCo)’s (LAC) raw stochastic average was set at 45.22%, which indicates a significant increase from 25.88% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.22 in the past 14 days, which was higher than the 0.15 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.81, while its 200-day Moving Average is $3.09. However, in the short run, Lithium Americas Corp (NewCo)’s stock first resistance to watch stands at $2.99. Second resistance stands at $3.16. The third major resistance level sits at $3.25. If the price goes on to break the first support level at $2.73, it is likely to go to the next support level at $2.64. Assuming the price breaks the second support level, the third support level stands at $2.47.
Lithium Americas Corp (NewCo) (NYSE: LAC) Key Stats
Market capitalization of the company is 619.52 million based on 218,905K 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 -10,700 K in sales during its previous quarter.
