For the readers interested in the stock health of Lithium Americas Corp. (LAC). It is currently valued at $9.45. When the transactions were called off in the previous session, Stock hit the highs of $9.9927, after setting-off with the price of $9.92. Company’s stock value dipped to $9.2377 during the trading on the day. When the trading was stopped its value was $9.92.
Recently in News on December 4, 2020, Lithium Americas announces Final Environmental Impact Statement filed for the Thacker Pass Project. Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) is pleased to report the release of the Final Environmental Impact Statement (“Final EIS”) for the Thacker Pass lithium project (“Thacker Pass” or the “Project”) by the United States Bureau of Land Management (“BLM”). Thacker Pass, located north of Winnemucca, Nevada, USA, is 100% owned by Lithium Nevada Corp. (“Lithium Nevada”), a US corporation and wholly-owned subsidiary of Lithium Americas. You can read further details here
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Lithium Americas Corp. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $16.97 on 10/05/20, with the lowest value was $1.92 for the same time period, recorded on 03/18/20.
Lithium Americas Corp. (LAC) full year performance was 201.92%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Lithium Americas Corp. shares are logging -44.31% during the 52-week period from high price, and 392.19% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.92 and $16.97.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 4452009 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Lithium Americas Corp. (LAC) recorded performance in the market was 198.11%, having the revenues showcasing 15.95% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 996.18M, as it employees total of 321 workers.
Specialists analysis on Lithium Americas Corp. (LAC)
During the last month, 3 analysts gave the Lithium Americas Corp. a BUY rating, 1 of the polled analysts branded the stock as an OVERWEIGHT, 1 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 9.54, with a change in the price was noted +3.99. In a similar fashion, Lithium Americas Corp. posted a movement of +73.08% for the period of last 100 days, recording 3,973,541 in trading volumes.
Trends and Technical analysis: Lithium Americas Corp. (LAC)
Raw Stochastic average of Lithium Americas Corp. in the period of last 50 days is set at 2.97%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 6.51%. In the last 20 days, the company’s Stochastic %K was 10.43% and its Stochastic %D was recorded 20.59%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 198.11%. Additionally, trading for the stock in the period of the last six months notably improved by 136.25%, alongside a boost of 201.92% for the period of the last 12 months. The shares increased approximately by -7.26% in the 7-day charts and went down by -5.78% in the period of the last 30 days. Common stock shares were driven by 15.95% during last recorded quarter.