LAC

Lithium Americas

3.00 USD
-0.02
0.66%
At close Jan 31, 4:00 PM EST
After hours
3.00
+0.00
0.00%
1 day
-0.66%
5 days
-3.23%
1 month
1.01%
3 months
-26.47%
6 months
10.70%
Year to date
-1.96%
1 year
-31.19%
5 years
-81.29%
10 years
-81.29%
 

About: Lithium Americas is a pure-play lithium producer. The firm owns 62% of one resource, Thacker Pass, that is located in northwest Nevada, with automaker General Motors owning the remaining 38%. Thacker Pass recently began construction and is expected to begin production in the mid- to late 2020s. Thacker Pass is one of the largest known lithium resources in the world. The project would be the first clay-based asset to enter production, and we estimate it will be in bottom half of the global cost curve. Management plans to develop Thacker Pass into a fully integrated lithium production site, with downstream refining capabilities on site, and will sell into the lithium chemical market.

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

19% more call options, than puts

Call options by funds: $4.85M | Put options by funds: $4.06M

7% more repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 60

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

3% less capital invested

Capital invested by funds: $194M [Q2] → $187M (-$6.73M) [Q3]

1.92% less ownership

Funds ownership: 32.02% [Q2] → 30.1% (-1.92%) [Q3]

8% less funds holding

Funds holding: 228 [Q2] → 209 (-19) [Q3]

41% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 34

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$3.50
17%
upside
Avg. target
$4.50
50%
upside
High target
$5
67%
upside

3 analyst ratings

positive
33%
neutral
67%
negative
0%
Piper Sandler
Charles Neivert
41% 1-year accuracy
18 / 44 met price target
17%upside
$3.50
Neutral
Maintained
7 Jan 2025
Wedbush
Daniel Ives
76% 1-year accuracy
99 / 130 met price target
67%upside
$5
Neutral
Initiated
19 Dec 2024
B. Riley Securities
Matthew Key
43% 1-year accuracy
3 / 7 met price target
67%upside
$5
Buy
Maintained
12 Nov 2024

Financial journalist opinion

Based on 3 articles about LAC published over the past 30 days

Positive
Zacks Investment Research
3 weeks ago
LAC Raises Mineral Resource & Reserve Estimates for Thacker Pass
Lithium Americas is committed to the safe and sustainable development of Thacker Pass to improve the domestic production of essential minerals.
LAC Raises Mineral Resource & Reserve Estimates for Thacker Pass
Neutral
Business Wire
3 weeks ago
Lithium Americas Announces Appointment of Luke Colton as EVP and CFO
VANCOUVER, British Columbia--(BUSINESS WIRE)---- $LAC #Nevada--Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) today announced the appointment of Luke Colton as Executive Vice President (“EVP”) and Chief Financial Officer (“CFO”), effective Wednesday, January 29, 2025. “The success of our team is having the right people in the right roles at the right time,” said Jonathan Evans, President and CEO. “Luke's previous experience developing large-scale capital projects, as well as.
Lithium Americas Announces Appointment of Luke Colton as EVP and CFO
Neutral
Business Wire
3 weeks ago
Lithium Americas Increases Mineral Resource and Reserve for Thacker Pass
VANCOUVER, British Columbia--(BUSINESS WIRE)---- $LAC #Nevada--Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) announced an increased mineral resource and mineral reserve estimate for the Thacker Pass lithium project in Humboldt County, Nevada (“Thacker Pass” or the “Project”), including the release of an independent National Instrument 43-101 (“NI 43-101”) technical report (“Technical Report”) entitled “NI 43-101 Technical Report on the Thacker Pass Project Humboldt County,.
Lithium Americas Increases Mineral Resource and Reserve for Thacker Pass
Positive
Zacks Investment Research
1 month ago
LAC & GM Close Thacker Pass JV: Is Lithium Americas a Buy Now?
LAC jumps 7% on the closure of JV with General Motors. While the project holds promise, investors should wait for clearer execution milestones.
LAC & GM Close Thacker Pass JV: Is Lithium Americas a Buy Now?
Positive
Reuters
1 month ago
Lithium Americas and GM close joint venture for Thacker Pass mine
Lithium Americas said on Monday it has closed its joint venture with U.S. automaker General Motors to develop the Thacker Pass lithium mine in Nevada.
Lithium Americas and GM close joint venture for Thacker Pass mine
Neutral
Business Wire
1 month ago
Lithium Americas Announces Closing of Thacker Pass Joint Venture with General Motors
VANCOUVER, British Columbia--(BUSINESS WIRE)---- $LAC #Nevada--Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) today announced the closing of its previously announced joint venture (the “JV”) with General Motors Holdings LLC (“GM”) to fund, develop, construct and operate Thacker Pass in Humboldt County, Nevada to supply battery-quality lithium carbonate for the North American critical minerals supply chain (“Thacker Pass” or the “Project”). Lithium Americas now holds a 62% in.
Lithium Americas Announces Closing of Thacker Pass Joint Venture with General Motors
Neutral
Zacks Investment Research
1 month ago
Wall Street Bulls Look Optimistic About Lithium Americas Corp. (LAC): Should You Buy?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Wall Street Bulls Look Optimistic About Lithium Americas Corp. (LAC): Should You Buy?
Positive
MarketBeat
2 months ago
3 Small-Cap Stocks That Are Ready to Rocket Higher
The Russell 2000 Index, often called the small-cap index, is up about 19.6% in 2024. Much of that gain has come in the last six months, and the clarity after the U.S. presidential election is stirring animal spirits in the sector.
3 Small-Cap Stocks That Are Ready to Rocket Higher
Positive
Zacks Investment Research
2 months ago
Lithium Americas Shares Rise 44% in 3 Months: How to Play the Stock?
While LAC is well-placed to capitalize on the transformation to a more electrified future, uncertainties over project completion may impact its prospects.
Lithium Americas Shares Rise 44% in 3 Months: How to Play the Stock?
Positive
Seeking Alpha
2 months ago
Lithium Americas: Long-Term Value And Growth As US Poised To Dominate Lithium By 2035
Lithium Americas offers significant long-term value despite the current lithium market glut and stock price declines due to its large Thacker Pass deposit and low-cost production potential. LAC benefits from strong US government support and General Motors' investment, positioning it well for future growth in the domestic EV supply chain. Key risks include potential project delays, cost overruns, and further lithium price declines due to economic slowdowns and increased supply.
Lithium Americas: Long-Term Value And Growth As US Poised To Dominate Lithium By 2035
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