Lithium Americas Corp. (NYSE:LAC – Free Report) – Research analysts at Scotiabank decreased their FY2025 earnings per share estimates for shares of Lithium Americas in a research report issued on Monday, April 22nd. Scotiabank analyst B. Isaacson now expects that the company will earn $0.22 per share for the year, down from their previous estimate of $0.28. Scotiabank has a “Sector Perform” rating and a $7.00 price objective on the stock. The consensus estimate for Lithium Americas’ current full-year earnings is ($0.15) per share.
Lithium Americas (NYSE:LAC – Get Free Report) last issued its earnings results on Friday, March 15th. The company reported ($0.08) EPS for the quarter, meeting the consensus estimate of ($0.08).
Check Out Our Latest Report on Lithium Americas
Lithium Americas Trading Down 1.5 %
Shares of Lithium Americas stock opened at $4.68 on Tuesday. The firm has a fifty day moving average of $5.79 and a two-hundred day moving average of $6.18. Lithium Americas has a 52 week low of $3.81 and a 52 week high of $12.38.
Hedge Funds Weigh In On Lithium Americas
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Aquila Investment Management LLC boosted its stake in Lithium Americas by 89.9% in the 1st quarter. Aquila Investment Management LLC now owns 600,000 shares of the company’s stock worth $4,032,000 after purchasing an additional 284,000 shares during the period. Teamwork Financial Advisors LLC acquired a new position in Lithium Americas in the 1st quarter worth $68,000. MorganRosel Wealth Management LLC acquired a new position in Lithium Americas in the 1st quarter worth $101,000. Wealth Enhancement Advisory Services LLC boosted its stake in Lithium Americas by 8.2% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 242,074 shares of the company’s stock worth $1,627,000 after purchasing an additional 18,388 shares during the period. Finally, Banque Cantonale Vaudoise acquired a new position in Lithium Americas in the 1st quarter worth $25,000.
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.
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