Scotiabank Brokers Increase Earnings Estimates for TSE:LAC

Lithium Americas Corp. (TSE:LAC) – Analysts at Scotiabank raised their FY2025 EPS estimates for shares of Lithium Americas in a research report issued to clients and investors on Tuesday, May 20th. Scotiabank analyst B. Isaacson now forecasts that the company will post earnings of ($0.25) per share for the year, up from their prior estimate of ($0.37). The consensus estimate for Lithium Americas’ current full-year earnings is $1.38 per share. Scotiabank also issued estimates for Lithium Americas’ FY2026 earnings at ($0.25) EPS.

LAC has been the topic of a number of other research reports. National Bank Financial cut shares of Lithium Americas from a “strong-buy” rating to a “hold” rating in a report on Friday, May 16th. Evercore ISI raised shares of Lithium Americas to a “strong-buy” rating in a report on Thursday, April 17th. Four equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Lithium Americas has an average rating of “Moderate Buy” and a consensus target price of C$7.50.

Lithium Americas Trading Down 1.3%

TSE:LAC opened at C$3.89 on Friday. The firm’s 50 day moving average is C$3.96 and its 200 day moving average is C$4.43. The company has a current ratio of 13.88, a quick ratio of 52.06 and a debt-to-equity ratio of 0.65. Lithium Americas has a 12 month low of C$2.87 and a 12 month high of C$7.22. The stock has a market capitalization of C$591.84 million, a PE ratio of -20.35 and a beta of 1.58.

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.