Workflow
Lithium Americas (LAC)
icon
Search documents
Lithium Americas (LAC) - 2024 Q1 - Quarterly Report
2024-05-13 11:30
Exhibit 99.2 (Formerly 1397468 B.C. Ltd.) Condensed Consolidated Interim Financial Statements 2 For the three months ended March 31, 2024 LITHIUM AMERICAS CORP. (FORMERLY 1397468 B.C. LTD.) CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS (Unaudited) (Expressed in thousands of US dollars, except for per share amounts; shares and equity instruments in thousands) CONDENSED CONSOLIDATED INTERIM STATEMENTS OF FINANCIAL POSITION | | | March 31, | December 31, | | --- | --- | --- | --- | | | Note | 2024 | 2023 ...
Why Lithium Americas (LAC) Might Surprise This Earnings Season
Zacks Investment Research· 2024-05-10 14:01
Investors are always looking for stocks that are poised to beat at earnings season and Lithium Americas Corp. (LAC) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Lithium Americas is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pr ...
The 3 Best Battery Stocks to Buy in May 2024
InvestorPlace· 2024-05-07 18:05
It’s tough to advocate for buying battery stocks at this point. With the slowdown in demand for EVs, we’ve seen battery stocks sell-off over the past year or so. Consequently, prices of critical components such as lithium have declined sharply from their peak in 2022.Nevertheless, with secular tailwinds powering at their back, the long-term bull case for battery stocks remains firmly in place. The EV sector is in recalibration mode, but the long-term electrification trend is unlikely to disappear anytime so ...
Lithium Americas Corp. (LAC) Stock Dips While Market Gains: Key Facts
Zacks Investment Research· 2024-04-29 22:56
Lithium Americas Corp. (LAC) closed the most recent trading day at $4.57, moving -1.08% from the previous trading session. The stock's performance was behind the S&P 500's daily gain of 0.32%. On the other hand, the Dow registered a gain of 0.38%, and the technology-centric Nasdaq increased by 0.35%.Coming into today, shares of the lithium producer had lost 31.25% in the past month. In that same time, the Basic Materials sector lost 0.53%, while the S&P 500 lost 2%.The upcoming earnings release of Lithium A ...
Lithium Americas Corp. (LAC) Stock Falls Amid Market Uptick: What Investors Need to Know
Zacks Investment Research· 2024-04-23 22:56
The latest trading session saw Lithium Americas Corp. (LAC) ending at $4.68, denoting a -1.47% adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 1.2%. Meanwhile, the Dow experienced a rise of 0.69%, and the technology-dominated Nasdaq saw an increase of 1.59%.Coming into today, shares of the lithium producer had lost 30.76% in the past month. In that same time, the Basic Materials sector lost 1.66%, while the S&P 500 lost 4.16%.The investment community will b ...
Lithium Americas Closes US$275 Million Underwritten Public Offering
Newsfilter· 2024-04-22 16:34
(All amounts in US$ unless otherwise indicated) VANCOUVER, British Columbia, April 22, 2024 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX:LAC) (NYSE:LAC) ("Lithium Americas" or the "Company") announced the closing of its previously announced underwritten public offering (the "Offering") of its common shares (the "Common Shares"). The Company issued 55,000,000 Common Shares, issued at a price of $5.00 per Common Share (the "Issue Price"), for aggregate gross proceeds to the Company of $275,000,000. The net ...
Lithium Americas: More Ridiculousness After Public Offering
Seeking Alpha· 2024-04-22 13:15
gchapelIn a stunning display of self-immolation, Lithium Americas (NYSE:LAC) set itself on fire and incinerated 30% of its share price in one day via a public offering of shares. While some investors were aware LAC needed additional capital to bridge the gap in funding for its lithium mine (called Thacker Pass), some were not. Both groups however were stunned when LAC announced it would issue 55 million shares (with the ability to issue an extra 15%) at a mere $5.00 a share. This resulted in the stock c ...
Lithium Americas Prices US$275 Million Underwritten Public Offering
Newsfilter· 2024-04-18 05:56
(All amounts in US$ unless otherwise indicated) VANCOUVER, British Columbia, April 18, 2024 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX:LAC) (NYSE:LAC) ("Lithium Americas" or the "Company") announced the pricing of its previously announced underwritten public offering (the "Offering") of 55,000,000 of its common shares (the "Common Shares") at a price to the public of $5.00 per Common Share (the "Issue Price") for aggregate gross proceeds to the Company of $275,000,000. The Offering is being conducted t ...
Lithium Americas Announces Proposed Public Offering of Common Shares
Newsfilter· 2024-04-17 21:07
(All amounts in US$ unless otherwise indicated) VANCOUVER, British Columbia, April 17, 2024 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX:LAC) (NYSE:LAC) ("Lithium Americas" or the "Company") announced that it intends to offer and sell, subject to market conditions, 55,000,000 of its common shares (the "Common Shares") in an underwritten public offering (the "Offering"). All of the Common Shares to be sold in the Offering will be offered by Lithium Americas. The Offering is subject to market and other con ...
3 Beaten-Down EV Stocks With the Potential to Shift Back Into High Gear
InvestorPlace· 2024-04-11 20:40
It’s fair to say that the entire EV sector is maligned at the moment. Stocks throughout the upstart industry have seen their values plummet over the last year. The global EV market slowed down as higher lending rates slashed demand. Speculative SPAC firms failed, and Chinese demand cratered as its economy suffered. Yet, EV sales continue to increase albeit at a slower rate. The industry is continuing to grow. That would make some investors seek for undervalued EV stocks. It is also becoming more competitive ...