In yesterday’s Wall Street session, Lithium Americas Corp (NewCo) (NYSE:LAC) shares traded at $2.76, down -0.36% from the previous session.
LAC stock price is now -1.49% away from the 50-day moving average and -8.92% away from the 200-day moving average. The market capitalization of the company currently stands at $604.19M.
On December 19, 2024, Wedbush recently initiated its ‘Neutral’ rating on the stock quoting a target price of $5, while ‘National Bank Financial’ rates the stock as ‘Outperform’
In other news, BROWN MICHAEL JOHN, Director bought 100 shares of the company’s stock on May 19 ’25. The stock was bought for $282 at an average price of $2.81. Upon completion of the transaction, the Director now directly owns 5,201 shares in the company, valued at $14354.76. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 17 ’25, Sr VP, GC & Secretary GRANDY EDWARD sold 23 shares of the business’s stock. A total of $62 was realized by selling the stock at an average price of $2.68. This leaves the insider owning 151,155 shares of the company worth $0.42 million. A total of 15.65% of the company’s stock is owned by insiders.
During the past 12 months, Lithium Americas Corp (NewCo) has had a low of $2.02 and a high of $5.20. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 10.35, and a quick ratio of 10.35.
