Lithium Americas Corp (NewCo) [LAC] stock prices are saw in change for the day to $2.68 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The LAC shares have lost -0.74% over the last week, with a monthly amount drifted -9.46%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Wedbush started tracking the stock with Neutral rating on December 19, 2024, and set its price target to $5. On October 17, 2024, upgrade upgraded it’s rating to Outperform. Piper Sandler started tracking the stock assigning a Neutral rating and suggested a price target of $3.90 on July 29, 2024. Scotiabank downgraded its rating to a Sector Perform and reduced its price target to $7 on March 18, 2024. JP Morgan started tracking with a Neutral rating for this stock on December 11, 2023, and assigned it a price target of $7. In a note dated November 15, 2023, National Bank Financial initiated an Outperform rating.
The stock price of Lithium Americas Corp (NewCo) [LAC] has been fluctuating between $2.02 and $5.20 over the past year. Currently, Wall Street analysts expect the stock to reach $6.75 within the next 12 months. Lithium Americas Corp (NewCo) [NYSE: LAC] shares were valued at $2.68 at the most recent close of the market. An investor can expect a potential return of 151.87% based on the average LAC price forecast.
Analyzing the LAC fundamentals
Gross Profit Margin for this corporation currently stands at -2704.88% with Operating Profit Margin at -1664588.24%, Pretax Profit Margin comes in at -2507764.71%, and Net Profit Margin reading is -2501588.24%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.07 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.04.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.63 points at the first support level, and at 2.59 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.71, and for the 2nd resistance point, it is at 2.75.
Ratios To Look Out For
It’s worth pointing out that Lithium Americas Corp (NewCo) [NYSE:LAC]’s Current Ratio is 10.33. On the other hand, the Quick Ratio is 10.33, and the Cash Ratio is 10.19.
Transactions by insiders
Recent insider trading involved GRANDY EDWARD, Sr VP, GC & Secretary, that happened on Apr 17 ’25 when 23.0 shares were sold. Director, BROWN MICHAEL JOHN completed a deal on Apr 03 ’25 to buy 1000.0 shares.
