Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Lithium Americas stock | $9.34

Own Lithium Americas stock in just a few minutes.

Fact checked

Lithium Americas Corp is an other industrial metals & mining business based in the US. Lithium Americas shares (LAC) are listed on the NYSE and all prices are listed in US Dollars. Lithium Americas employs 321 staff and has a market cap (total outstanding shares value) of USD$1.3 billion.

How to buy shares in Lithium Americas

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Lithium Americas. Find the stock by name or ticker symbol: LAC. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Lithium Americas reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$9.34, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Lithium Americas, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Lithium Americas. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Lithium Americas share price

Use our graph to track the performance of LAC stocks over time.

Lithium Americas shares at a glance

Information last updated 2020-12-27.
Latest market closeUSD$9.34
52-week rangeUSD$1.92 - USD$16.97
50-day moving average USD$10.5044
200-day moving average USD$8.5591
Wall St. target priceN/A
PE ratio 22.4526
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.466

Buy Lithium Americas shares from these brokerages

Compare special offers, low fees and a wide range of types of investments among top trading platforms.
Name Product Stock trade fee Asset types Option trade fee Annual fee
Sofi Invest
$0
Stocks, ETFs, Cryptocurrency
N/A
0%
A free way to invest in stocks, ETFs and crypto.
Robinhood
$0
Stocks, Options, ETFs, Cryptocurrency
$0
0%
Make unlimited commission-free trades in stocks, funds, and options with Robinhood Financial.
Moomoo
$0 for US stocks
Stocks, Options, ETFs
$0
Trade stocks on the US, Hong Kong, Shanghai and Shenzhen markets.
TD Ameritrade
$0
or $25 broker-assisted
Stocks
$0 + $0.65/contract,
or $25 broker-assisted
TD Ameritrade features $0 commission for online stock, but watch out for high short-term ETF and broker-assisted trading fees.
loading

Compare up to 4 providers

The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Lithium Americas stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Lithium Americas price performance over time

Historical closes compared with the close of $9.34 from 2020-12-18

1 week (2021-01-07) -50.82%
1 month (2020-12-17) -0.32%
3 months (2020-10-15) -26.69%
6 months (2020-07-15) 72.64%
1 year (2020-01-15) 115.70%
2 years (2019-01-15) 177.15%
3 years (2018-01-13) N/A
5 years (2016-01-15) 4,101.53%

Is Lithium Americas under- or over-valued?

Valuing Lithium Americas stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Lithium Americas's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Lithium Americas's P/E ratio

Lithium Americas's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 22x. In other words, Lithium Americas shares trade at around 22x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Lithium Americas financials

Operating margin TTM 1794.2%
Gross profit TTM USD$0
Return on assets TTM -6.56%
Return on equity TTM -23.27%
Profit margin 0%
Book value $1.109
Market capitalisation USD$1.3 billion

TTM: trailing 12 months

Shorting Lithium Americas shares

There are currently 5.5 million Lithium Americas shares held short by investors – that's known as Lithium Americas's "short interest". This figure is 0.8% down from 5.6 million last month.

There are a few different ways that this level of interest in shorting Lithium Americas shares can be evaluated.

Lithium Americas's "short interest ratio" (SIR)

Lithium Americas's "short interest ratio" (SIR) is the quantity of Lithium Americas shares currently shorted divided by the average quantity of Lithium Americas shares traded daily (recently around 4.4 million). Lithium Americas's SIR currently stands at 1.25. In other words for every 100,000 Lithium Americas shares traded daily on the market, roughly 1250 shares are currently held short.

However Lithium Americas's short interest can also be evaluated against the total number of Lithium Americas shares, or, against the total number of tradable Lithium Americas shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Lithium Americas's short interest could be expressed as 0.05% of the outstanding shares (for every 100,000 Lithium Americas shares in existence, roughly 50 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Lithium Americas shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Lithium Americas.

Find out more about how you can short Lithium Americas stock.

Lithium Americas share dividends

We're not expecting Lithium Americas to pay a dividend over the next 12 months.

Have Lithium Americas's shares ever split?

Lithium Americas's shares were split on a 1:5 basis on 8 November 2017. So if you had owned 5 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Lithium Americas shares – just the quantity. However, indirectly, the new 400% higher share price could have impacted the market appetite for Lithium Americas shares which in turn could have impacted Lithium Americas's share price.

Lithium Americas share price volatility

Over the last 12 months, Lithium Americas's shares have ranged in value from as little as $1.92 up to $16.97. A popular way to gauge a stock's volatility is its "beta".

LAC.US volatility(beta: 1.69)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Lithium Americas's is 1.6875. This would suggest that Lithium Americas's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Lithium Americas overview

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 Humboldt County in northern Nevada. The company was formerly known as Western Lithium USA Corporation and changed its name to Lithium Americas Corp. in March 2016. Lithium Americas Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site