Lithium Americas Corp (TSE:LAC)’s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $4.59 and traded as high as $5.11. Lithium Americas shares last traded at $4.93, with a volume of 204,929 shares changing hands.

Separately, Eight Capital boosted their price target on shares of Lithium Americas from C$13.75 to C$14.00 in a research report on Wednesday, October 2nd.

The company has a debt-to-equity ratio of 71.10, a current ratio of 10.09 and a quick ratio of 9.80. The firm has a market capitalization of $470.18 million and a P/E ratio of 9.25. The firm’s fifty day moving average price is C$4.66 and its 200-day moving average price is C$4.40.

Lithium Americas (TSE:LAC) last announced its earnings results on Tuesday, November 12th. The company reported C($0.08) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C($0.11) by C$0.03. The firm had revenue of C$2.03 million for the quarter, compared to the consensus estimate of C$2.40 million. Analysts expect that Lithium Americas Corp will post -0.27 earnings per share for the current year.

Lithium Americas Company Profile (TSE:LAC)

Lithium Americas Corp. operates as a resource company in the United States. The company explores for lithium deposits. It primarily holds interests in the Cauchari-Olaroz Project located in Jujuy province of Argentina; and owns a 100% interest in the Thacker Pass lithium project located in Nevada. The company also manufactures and sells organoclay products that are used in complex oil and gas drilling and other applications.

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