Lithium Americas (LAC) to Release Earnings on Monday

Lithium Americas (NYSE:LAC) is anticipated to announce its Q1 2025 earnings results before the market opens on Monday, May 12th. Analysts expect the company to announce earnings of ($0.03) per share for the quarter.

Lithium Americas (NYSE:LAC) last announced its quarterly earnings data on Friday, March 28th. The company reported ($0.11) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.09). On average, analysts expect Lithium Americas to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Lithium Americas Trading Up 0.6 %

LAC opened at $3.16 on Friday. The stock’s 50 day simple moving average is $2.83 and its 200-day simple moving average is $3.19. The stock has a market cap of $691.05 million, a PE ratio of -26.33 and a beta of 0.89. Lithium Americas has a 1 year low of $2.02 and a 1 year high of $5.20.

Analysts Set New Price Targets

Several equities research analysts have issued reports on LAC shares. Evercore ISI began coverage on shares of Lithium Americas in a report on Thursday, April 17th. They issued an “outperform” rating and a $4.50 price target on the stock. Cormark raised shares of Lithium Americas to a “moderate buy” rating in a research report on Friday, January 17th. Scotiabank decreased their price objective on Lithium Americas from $3.00 to $2.75 and set a “sector perform” rating on the stock in a report on Monday, March 31st. Finally, National Bankshares reissued an “outperform” rating on shares of Lithium Americas in a report on Wednesday, April 2nd. Five analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, Lithium Americas currently has an average rating of “Moderate Buy” and an average target price of $4.75.

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.