Lithium Americas Corp. Forecasted to Earn Q4 2023 Earnings of $0.11 Per Share (TSE:LAC)

Posted by on Oct 5th, 2023

Lithium Americas Corp. (TSE:LAC – Free Report) – Investment analysts at B. Riley issued their Q4 2023 earnings per share estimates for shares of Lithium Americas in a research report issued on Monday, October 2nd. B. Riley analyst M. Key forecasts that the company will post earnings of $0.11 per share for the quarter. The consensus estimate for Lithium Americas’ current full-year earnings is $1.38 per share. B. Riley also issued estimates for Lithium Americas’ FY2025 earnings at $0.08 EPS.

Lithium Americas (TSE:LAC – Get Free Report) last announced its quarterly earnings data on Wednesday, August 9th. The company reported C$0.21 EPS for the quarter, beating the consensus estimate of C($0.17) by C$0.38.

Lithium Americas Trading Down 27.9 %

Shares of TSE LAC opened at C$16.01 on Wednesday. The business has a fifty day moving average price of C$24.43 and a 200 day moving average price of C$26.51. Lithium Americas has a 1-year low of C$13.90 and a 1-year high of C$39.72. The stock has a market capitalization of C$2.56 billion, a P/E ratio of -123.15 and a beta of 1.58. The company has a debt-to-equity ratio of 16.36, a current ratio of 10.13 and a quick ratio of 52.06.

Lithium Americas Company Profile

(Get Free Report)

Lithium Americas Corp. operates as a resource company in the United States and Argentina. The company explores for lithium deposits. It owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina; Thacker Pass project located in north-western Nevada; and Pastos Grandes project located in the Salta province of Argentina.

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Earnings History and Estimates for Lithium Americas (TSE:LAC)

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