Lithium Americas Corp. (TSE:LAC) Senior Officer Sells C$84,530.80 in Stock

Lithium Americas Corp. (TSE:LAC) Senior Officer Oleksandr Shulga sold 24,862 shares of Lithium Americas stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of C$3.40, for a total transaction of C$84,530.80.

Lithium Americas Stock Performance

Lithium Americas Corp. has a 52 week low of C$2.87 and a 52 week high of C$28.88. The stock has a market cap of C$701.96 million, a PE ratio of -19.69 and a beta of 1.58. The company has a quick ratio of 52.06, a current ratio of 20.15 and a debt-to-equity ratio of 0.69. The company’s 50 day simple moving average is C$3.48 and its 200 day simple moving average is C$5.35.

Lithium Americas (TSE:LAC) last posted its quarterly earnings results on Tuesday, August 13th. The company reported C($0.07) EPS for the quarter, missing analysts’ consensus estimates of C($0.03) by C($0.04). On average, equities analysts predict that Lithium Americas Corp. will post 1.3803828 EPS for the current year.

Wall Street Analyst Weigh In

LAC has been the topic of a number of recent analyst reports. Piper Sandler lowered Lithium Americas from a “strong-buy” rating to a “hold” rating in a report on Monday, July 29th. National Bank Financial upgraded Lithium Americas to a “hold” rating in a research note on Wednesday, June 5th. Finally, National Bankshares set a C$7.00 target price on Lithium Americas and gave the stock a “sector perform” rating in a research report on Thursday, June 6th. Four investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of C$9.00.

Lithium Americas Company Profile

Lithium Americas Corp. engages in the exploration and development of lithium properties in the United States and Canada. It holds a 100% interest in the Thacker Pass project located in northern Nevada, as well as investments in exploration properties in the United States and Canada. Lithium Americas Corp.