Company Performance - Lithium Americas Corp. closed at $2.56, with a daily increase of +1.59%, outperforming the S&P 500's loss of 1.22% [1] - Over the past month, shares of Lithium Americas Corp. have decreased by 12.2%, while the Basic Materials sector and S&P 500 lost 1.13% and 2.31% respectively [1] Earnings Forecast - The company is expected to report an EPS of -$0.02, reflecting a 75% increase compared to the same quarter last year [2] Analyst Projections - Recent shifts in analyst projections for Lithium Americas Corp. should be monitored, as they indicate short-term business trends and analysts' outlook on the company's health and profitability [3] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has shown that 1 stocks have returned an average of +25% annually since 1988 [5] - Currently, Lithium Americas Corp. holds a Zacks Rank of 3 (Hold), with the Zacks Consensus EPS estimate remaining unchanged over the past month [5] Industry Context - The Mining - Miscellaneous industry, part of the Basic Materials sector, has a Zacks Industry Rank of 159, placing it in the bottom 37% of over 250 industries [6] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [6]
Lithium Americas Corp. (LAC) Rises As Market Takes a Dip: Key Facts