A share price of Lithium Americas Corp (NewCo) [LAC] is currently trading at $2.77, up 6.54%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LAC shares have gain 4.53% over the last week, with a monthly amount glided 0.36%, and 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.
Lithium Americas Corp (NewCo) experienced fluctuations in its stock price throughout the past year between $2.02 and $5.20. Currently, Wall Street analysts expect the stock to reach $15.77 within the next 12 months. Lithium Americas Corp (NewCo) [NYSE: LAC] shares were valued at $2.77 at the most recent close of the market. An investor can expect a potential return of 469.31% based on the average LAC price forecast.
Analyzing the LAC fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -0.05, 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 of0.01.
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 2.66 points at the first support level, and at 2.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.83, and for the 2nd resistance point, it is at 2.89.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Lithium Americas Corp (NewCo) [NYSE:LAC] is 10.35. Also, the Quick Ratio is 10.35, while the Cash Ratio stands at 10.29.
Transactions by insiders
Recent insider trading involved BROWN MICHAEL JOHN, Director, that happened on May 19 ’25 when 100.0 shares were purchased. Sr VP, GC & Secretary, GRANDY EDWARD completed a deal on Apr 17 ’25 to sell 23.0 shares. Meanwhile, Director BROWN MICHAEL JOHN bought 1000.0 shares on Apr 03 ’25.
