Lithium producers must wait as pandemic slows electric vehicle revolution [Toronto Globe and Mail (Ontario, Canada)]
Lithium Americas Corp. Common Shares (LAC)
Last lithium americas corp. common shares earnings: 11/12 07:00 am
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Source: Toronto Globe and Mail
Lithium producers must wait as pandemic slows electric vehicle revolution Matt Bubbers drives two of the most affordable electric cars on the market, the Chevrolet Bolt EV and the BMW i3, and offers three questions prospective buyers should ask themselves. The coronavirus pandemic has paused the electric vehicle revolution, forcing producers of battery metal lithium into survival mode with output cuts, expansion delays and sales of major assets. Lithium industry shares have dropped sharply since January as the economic downturn from the pandemic slammed the brakes yet again on the electrification revolution that for years has seemed just around the corner. Investors are giving the cold shoulder to mine developers seeking funding for lithium projects. “This pandemic further kicks the EV can down the road,” said Seth Goldstein, a lithium industry analyst with Morningstar. The holdup will result in a shortage of the white metal available for EV batteries when markets rebound, industry
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News
- Lithium Americas Corp. (LAC) Stock Falls Amid Market Uptick: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- 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
LAC
Earnings
- 8/9/23 - Beat
LAC
Sec Filings
- 4/25/24 - Form 6-K
- 4/22/24 - Form 6-K
- 4/19/24 - Form 6-K
- LAC's page on the SEC website