Lithium Americas Corp Stock Today
| LAAC Stock | 3.38 0.08 2.42% |
Performance10 of 100
| Odds Of DistressLess than 50
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Lithium Americas is trading at 3.38 as of the 30th of November 2024, a 2.42% up since the beginning of the trading day. The stock's open price was 3.3. Lithium Americas has 50 percent odds of going through some form of financial distress in the next two years but had a very ok returns during the last 90 days. Equity ratings for Lithium Americas Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain Materials | IPO Date 4th of October 2023 | Category Basic Materials |
Lithium Americas is entity of United States. It is traded as Stock on NYSE exchange. The company has 161.92 M outstanding shares of which 11.04 M shares are now shorted by private and institutional investors with about 5.54 trading days to cover. More on Lithium Americas Corp
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ESG Sustainability
Environmental | Governance | Social |
| CEO President | Jonathan Evans | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, NYSE Composite, SP TSX Composite, Non-Metallic and Industrial Metal Mining, Materials, Metals & Mining, Other Industrial Metals & Mining, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsLithium Americas can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Lithium Americas' financial leverage. It provides some insight into what part of Lithium Americas' total assets is financed by creditors.
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Lithium Americas Corp (LAAC) is traded on New York Stock Exchange in USA. It is located in 900 West Hastings Street, Vancouver, BC, Canada, V6C 1E5 and employs 850 people. Lithium Americas is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 534.53 M. Lithium Americas Corp conducts business under Metals & Mining sector and is part of Materials industry. The entity has 161.92 M outstanding shares of which 11.04 M shares are now shorted by private and institutional investors with about 5.54 trading days to cover.
Lithium Americas generates negative cash flow from operations
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Ownership AllocationLithium Americas Corp maintains a total of 161.92 Million outstanding shares. 30% of Lithium Americas outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Lithium Americas Historical Income Statement
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Lithium Americas Corporate Management
| Jos Aggio | VP Officer | Profile | |
| Kelly OBrien | VP ESG | Profile | |
| Aubree PHR | Vice Resources | Profile | |
| Virginia Morgan | Vice ESG | Profile | |
| Dennis PE | Senior Development | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithium Americas Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lithium Americas. If investors know Lithium will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lithium Americas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.94) | Earnings Share (0.07) | Return On Assets (0.02) | Return On Equity (0.01) |
The market value of Lithium Americas Corp is measured differently than its book value, which is the value of Lithium that is recorded on the company's balance sheet. Investors also form their own opinion of Lithium Americas' value that differs from its market value or its book value, called intrinsic value, which is Lithium Americas' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lithium Americas' market value can be influenced by many factors that don't directly affect Lithium Americas' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lithium Americas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lithium Americas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lithium Americas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.