Lac Stock Quote and Financial Performance Review

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Let's take a closer look at the financial performance of Lac Stock.

The stock has seen a significant increase in its market capitalization over the past year, reaching a high of $1.2 billion in March 2022.

This growth can be attributed to the company's successful expansion into new markets and its strategic partnerships.

Lac Stock's revenue has consistently been in the range of $50 million to $70 million per quarter, indicating a stable financial performance.

The company's net income has also been steadily increasing, reaching a high of $15 million in the second quarter of 2022.

Analyst Insights

Analysts are predicting a significant increase in LAC stock, with a 12-month forecast of $5.01, representing a 64.26% jump from the latest price.

The consensus among 9 analysts is to "Hold" the stock, indicating a neutral outlook.

Financial Performance

Lithium Americas Corp's stock performance is publicly available, and it's worth taking a look at their past financial performance.

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Their market cap is a whopping $893,166,000.

You can check their past financial performance, including revenue or net income, to get a better understanding of the company's financial health.

Their primary exchange is the NYSE, which is a major stock exchange in the United States.

Here's a brief summary of their recent stock performance:

Their diluted EPS (TTM) is a negative $0.12, which indicates a loss per share over the past four quarters.

Revenue Growth YOY is 8.1%, which means they've seen an increase in revenue over the past year.

Earnings Growth YOY is 12.6%, which is a significant increase in earnings over the past year.

Their profit margin is 0%, which means they're not making a profit at the moment.

Shareholder Information

If you're a shareholder of Lac Stock, you can find the most up-to-date information on their website.

The company's shareholder information is available online, and you can access it by logging in to your account.

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To get started, you'll need to know your shareholder ID and password, which can be found on your previous statements or by contacting the company directly.

Shareholders can also choose to receive email notifications when important information is posted online.

This way, you'll always be in the loop and can stay informed about any changes or updates affecting your investment.

Analyst Forecast

The average rating for LAC stock is "Hold" according to 9 analysts. This is based on their analysis of the company's financial performance and future prospects.

The 12-month stock price forecast is $5.01, which is an increase of 64.26% from the latest price. This suggests that analysts are optimistic about the company's future growth potential.

According to the earnings estimates, the average estimate for the current year ending 12/31/25 is -$0.226 CAD. This is based on the estimates of 9 analysts.

Here are the details of the earnings estimates:

Note that the average estimate for the next year ending 12/31/26 is -$0.307 CAD, which is a decrease from the current year's estimate.

Past and Future Events

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The Past and Future Events of Lac Stock Quote are worth noting. The company's Annual General Meeting had an actual EPS of -0.027 CAD on 05/24/2024.

Lac's financial reports are also something to consider. The Q4 2023 Earnings Release was on 03/15/2024, but the actual EPS for this event is not specified in the provided information.

Here is a list of past events with their actual EPS and dates:

Past Events

Let's take a look at some of the past events that have taken place in Lithium Americas' history.

The company held an Annual General Meeting on May 24, 2024, which resulted in an actual earnings per share (EPS) of -0.027 CAD.

Their Q4 2023 earnings release was announced on March 15, 2024, but unfortunately, the actual EPS was not disclosed.

Here's a summary of the past events:

What's Next?

Lithium Americas Corp. recently received a significant boost with the Department of Defense awarding them $11.8 million. This funding will likely have a positive impact on their future projects.

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The company is also awaiting a Department of Energy loan for over $2 billion, which could further propel their growth. If approved, this loan would be a game-changer for Lithium Americas.

General Motors is set to invest $330 million in the company if certain conditions are met. This partnership could lead to exciting new developments in the lithium industry.

Frequently Asked Questions

Is LAC a good stock to buy right now?

LAC has a strong buy recommendation from 17 brokerage firms, with an average rating of 1.94 out of 5. However, it's essential to do your own research and consider multiple factors before making an investment decision

Is LAC producing lithium?

LAC is a leading lithium producer with a significant resource at Thacker Pass in Nevada. Yes, LAC is actively producing lithium.

Is Lithium Americas publicly traded?

Yes, Lithium Americas is publicly traded on both the Toronto Stock Exchange (TSX: LAC) and the New York Stock Exchange (NYSE: LAC). You can find more information about its stock performance and trading details.

What is the fair value of Lithium Americas?

As of December 30, 2024, the fair value of Lithium Americas Corp is -4.01 CAD, indicating a potential downside of 189.4% compared to the current market price.

Sheldon Kuphal

Writer

Sheldon Kuphal is a seasoned writer with a keen insight into the world of high net worth individuals and their financial endeavors. With a strong background in researching and analyzing complex financial topics, Sheldon has established himself as a trusted voice in the industry. His areas of expertise include Family Offices, Investment Management, and Private Wealth Management, where he has written extensively on the latest trends, strategies, and best practices.

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