Can Lithium Americas Corp (NewCo)’s (LAC) hike of 42.81% in a week be considered a lucky break?

Shaun Noe

Lithium Americas Corp (NewCo) (NYSE: LAC) on Friday, soared 31.78% from the previous trading day, before settling in for the closing price of $6.86. Within the past 52 weeks, LAC’s price has moved between $2.31 and $7.55.

The company achieved an average annual earnings per share of 5.44%. 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 Oct 01 ’25, was worth 191,516. In this transaction VP, Resource Development of this company bought 20,000 shares at a rate of $9.58, taking the stock ownership to the 60,005 shares. Before that another transaction happened on Oct 01 ’25, when Company’s VP, Resource Development sold 353,914 for $9.48, making the entire transaction worth $3,356,520. This insider now owns 40,005 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 5.44% 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)

The latest stats from [Lithium Americas Corp (NewCo), LAC] show that its last 5-days average volume of 122.05 million was superior to 12.1 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 89.77%.

During the past 100 days, Lithium Americas Corp (NewCo)’s (LAC) raw stochastic average was set at 95.77%, which indicates a significant increase from 95.45% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.72 in the past 14 days, which was higher than the 0.22 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $3.50, while its 200-day Moving Average is $3.06. Now, the first resistance to watch is $9.94. This is followed by the second major resistance level at $10.85. The third major resistance level sits at $12.36. If the price goes on to break the first support level at $7.52, it is likely to go to the next support level at $6.01. The third support level lies at $5.10 if the price breaches the second support level.

Lithium Americas Corp (NewCo) (NYSE: LAC) Key Stats

Market capitalization of the company is 2.02 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.

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