Lithium Americas Corp. (TSE:LAC) had its FY2025 earnings per share (EPS) estimates downgraded by National Bank Financial on October 16. Analyst M. Sidibe now predicts a loss of ($0.29) per share, down from a previous forecast of ($0.01). National Bank Financial maintains a “Strong-Buy” rating for the stock, while the consensus for the company’s current annual earnings is $1.38 per share. Future predictions are losses of ($0.33) EPS for FY2026 and ($0.44) EPS for FY2027.
The company reported quarterly earnings on August 13, with an EPS of C($0.07), missing the expected C($0.03) by C($0.04).
National Bankshares upgraded Lithium Americas from “sector perform” to “outperform” and raised its price target from C$5.75 to C$7.25. However, Piper Sandler downgraded the stock from “strong-buy” to “hold”. Currently, the consensus rating is “Buy” with an average target price of C$9.08.
Lithium Americas Stock Performance
On Monday, TSE:LAC opened at C$4.32, with a market cap of C$941.76 million. The stock’s P/E ratio is -27.00, and it has fluctuated between a low of C$2.87 and a high of C$11.06 over the past year.
Insider Activity
Senior Officer Oleksandr Shulga sold 24,862 shares on September 13 at C$3.40 each, totaling C$84,530.80. Insiders hold 7.40% of the company’s shares.
Lithium Americas Overview
Lithium Americas Corp. focuses on lithium exploration and development in the U.S. and Canada, owning the Thacker Pass project in Nevada.
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