China's Ganfeng to take control of Argentina lithium project [Reuters]
Lithium Americas Corp. Common Shares (LAC)
Last lithium americas corp. common shares earnings: 11/12 07:00 am
Check Earnings Report
Company Research
Source: Reuters
China's Ganfeng to take control of Argentina lithium project (Reuters) - China’s Ganfeng Lithium Co said on Friday it will take control of an Argentina lithium project it has been developing with Lithium Americas Corp, cementing its control over a key source of the white metal for electric vehicle batteries. The move helps Lithium Americas cut its debt, up more than eight times in the past year, and reduce its exposure to recession-hit Argentina as it develops another lithium project in Nevada. It also helps Ganfeng, which counts BMW, Tesla Inc and LG Chem Ltd as customers, expand its dominance over the EV supply chain. Lithium Americas had said last spring that it had no interest in selling more than 50 percent of its stake in the Cauchari-Olaroz project in Argentina’s far north. Last fall, Argentina elected Alberto Fernandez, a Peronist who favors government economic intervention, as president. Lithium prices have also dropped, unnerving investors. “We don’t know what could happen i
Show less
Read more
Impact Snapshot
Event Time:
LAC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LAC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LAC alerts
High impacting Lithium Americas Corp. Common Shares news events
Weekly update
A roundup of the hottest topics
LAC
News
- Lithium Americas Closes US$275 Million Underwritten Public Offering [Yahoo! Finance]Yahoo! Finance
- Lithium Americas Closes US$275 Million Underwritten Public OfferingGlobeNewswire
- While institutions own 17% of Lithium Americas (Argentina) Corp. (TSE:LAAC), individual investors are its largest shareholders with 47% ownership [Yahoo! Finance]Yahoo! Finance
- Lithium Americas Corp. (NYSE: LAC) had its price target lowered by analysts at HSBC Holdings plc from $6.50 to $5.10. They now have a "hold" rating on the stock.MarketBeat
- CANADA STOCKS-TSX rises on materials boost; Lithium Americas sinks on equity offering [Yahoo! Finance]Yahoo! Finance
LAC
Earnings
- 8/9/23 - Beat
LAC
Sec Filings
- 4/22/24 - Form 6-K
- 4/19/24 - Form 6-K
- 4/19/24 - Form 424B5
- LAC's page on the SEC website