Your email has been successfully added to our mailing list.

×
0 -0.00388349514563116 0 -0.00388349514563116 -0.00388349514563116 -0.0116504854368933 -0.00776699029126214 -0.0155339805825243
Stock impact report

Lithium Americas: Q3 Shows Clear Deterioration, Not Progress [Seeking Alpha]

Lithium Americas Corp. Common Shares (LAC) 
Last lithium americas corp. common shares earnings: 11/12 07:00 am Check Earnings Report
Company Research Source: Seeking Alpha
LAC's project is increasingly dependent on capital injections, not operations, as share issuance and government loans fail to offset high cash burn. Cost structure is deteriorating, with rising administrative expenses and an unclear project timeline, making the risk profile more unfavorable for shareholders. I maintain a Sell rating on LAC, as the capital structure benefits government interests over shareholders and better investment opportunities exist elsewhere. NNehring/iStock via Getty Images Only a few weeks passed since my last article about Lithium Americas ( LAC ), yet the stock collapsed -50%. Now my thesis stands firmer, because Q3 proved that project is not progressing, but it's now drifting. All changes increase This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it exp 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
Opt-in for LAC alerts
Opt-in for
LAC alerts

from News Quantified
Opt-in for
LAC alerts

from News Quantified