Lithium Americas Corp Stock Today
| LAC Stock | CAD 6.11 0.04 0.65% |
Performance5 of 100
| Odds Of DistressLess than 39
|
Lithium Americas is selling at 6.11 as of the 4th of May 2024; that is -0.65% down since the beginning of the trading day. The stock's open price was 6.15. Lithium Americas has about a 39 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading 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 4th of April 2024 and ending today, the 4th of May 2024. Click here to learn more.
Lithium Americas Corp. operates as a resource company in the United States. Lithium Americas Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada. LITHIUM AMERICAS operates under Industrial Metals Minerals classification in Canada and is traded on Toronto Stock Exchange.. The company has 217.16 M outstanding shares of which 1.1 M shares are now shorted by private and institutional investors with about 1.33 days to cover all short positions. More on Lithium Americas Corp
Moving together with Lithium Stock
| 0.66 | JPM | JPMorgan Chase | PairCorr |
| 0.65 | RY | Royal Bank | PairCorr |
Follow Valuation Odds of Bankruptcy
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Lithium Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Lithium Americas' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Lithium Americas or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO, Director | Thomas Hodgson |
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors) |
Lithium Americas Corp (LAC) is traded on Toronto Exchange in Canada and employs 38 people. Lithium Americas is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.34 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Lithium Americas's market, we take the total number of its shares issued and multiply it by Lithium Americas's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Lithium Americas Corp operates under Metals & Mining sector and is part of Materials industry. The entity has 217.16 M outstanding shares of which 1.1 M shares are now shorted by private and institutional investors with about 1.33 days to cover all short positions.
Lithium Americas Corp has accumulated about 36.23 M in cash with (37.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.41.
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Ownership AllocationLithium Americas Corp maintains a total of 217.16 Million outstanding shares. Lithium Americas Corp secures 7.53 % of its outstanding shares held by insiders and 19.734 % owned by institutional investors. 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 Corp Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Lithium Americas market risk premium is the additional return an investor will receive from holding Lithium Americas long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Lithium Americas. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Lithium Americas' alpha and beta are two of the key measurements used to evaluate Lithium Americas' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 4.03 | |||
| Semi Deviation | 6.83 | |||
| Standard Deviation | 6.13 | |||
| Variance | 37.6 |
Lithium Stock Against Markets
Picking the right benchmark for Lithium Americas stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Lithium Americas stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Lithium Americas is critical whether you are bullish or bearish towards Lithium Americas Corp at a given time. Please also check how Lithium Americas' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Lithium Americas without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Lithium Americas Corporate Directors
Lithium Americas corporate directors refer to members of a Lithium Americas board of directors. The board of directors generally takes responsibility for the Lithium Americas' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Lithium Americas' board members must vote for the resolution. The Lithium Americas board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Gabriel Rubacha | Director | Profile | |
| Jean Fraser | Director | Profile | |
| Jonathan Evans | Independent Director | Profile | |
| Gary Cohn | Independent Director | Profile |
How to buy Lithium Stock?
Before investing in Lithium Americas, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Lithium Americas. To buy Lithium Americas stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Lithium Americas. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Lithium Americas stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Lithium Americas Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Lithium Americas Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Lithium Americas Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Lithium Stock please use our How to Invest in Lithium Americas guide.
Already Invested in Lithium Americas Corp?
The danger of trading Lithium Americas Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Lithium Americas is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Lithium Americas. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Lithium Americas Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Lithium Americas Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lithium Americas' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lithium Americas Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lithium Americas Corp Stock: 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 tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the Lithium Americas Corp information on this page should be used as a complementary analysis to other Lithium Americas' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Lithium Stock analysis
When running Lithium Americas' price analysis, check to measure Lithium Americas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lithium Americas is operating at the current time. Most of Lithium Americas' value examination focuses on studying past and present price action to predict the probability of Lithium Americas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lithium Americas' price. Additionally, you may evaluate how the addition of Lithium Americas to your portfolios can decrease your overall portfolio volatility.
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