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Lithium Americas Corp LAC

Morningstar Rating
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Stock XTSE Rating as of
CAD 6.07 −0.20 (3.12%)
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As of Delayed Price Open
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Company Report

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Price vs Fair Value

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LAC is trading at a 63% discount.
Price
CAD 6.26
Fair Value
CAD 53.00
Uncertainty
Very High
1-Star Price
CAD 74.18
5-Star Price
CAD 8.30
Economic Moat
Vmx
Capital Allocation
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Bulls Say, Bears Say

Bulls

As a lithium pure play, Lithium Americas is well positioned to increase profits from EV growth through lithium batteries.

Bears

Thacker Pass is a new greenfield lithium project that will likely face delays and cost overruns, similar to other greenfield projects in the industry.

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News

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Trading Information

Previous Close Price
CAD 6.26
Day Range
CAD 6.04–6.23
52-Week Range
CAD 5.17–17.00
Bid/Ask
CAD 6.06 / CAD 6.07
Market Cap
CAD 1.32 Bil
Volume/Avg
396,830 / 758,921

Key Statistics

Price/Earnings (Normalized)
—
Price/Sales
—
Dividend Yield (Trailing)
—
Dividend Yield (Forward)
—
Total Yield
—

Company Profile

Lithium Americas is a pure-play lithium producer. The firm owns one resource, Thacker Pass, that is located in northwest Nevada. Thacker Pass recently began construction and is expected to begin production in the mid to late 2020s. Thacker Pass is one of the largest known lithium resources in the world. The project would be the first clay-based asset to enter production, and we estimate it will be in bottom half of the global cost curve. Management plans to develop Thacker Pass into a fully integrated lithium production site, with downstream refining capabilities on site, and will sell into the lithium chemical market.
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Stock Style Box
—
Total Number of Employees
—
Website
https://www.lithiumamericas.com

Competitors

Valuation

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Metric
LAC
LAAC
ALB
Price/Earnings (Normalized)
 —168.095.65
Price/Book Value
 1.871.041.57
Price/Sales
 ——1.54
Price/Cash Flow
 —0.695.21
Price/Earnings
LAC
LAAC
ALB

Financial Strength

Metric
LAC
LAAC
ALB
Quick Ratio
 8.148.700.77
Current Ratio
 8.389.161.47
Interest Coverage
 −21.85−0.062.71
Quick Ratio
LAC
LAAC
ALB

Profitability

Metric
LAC
LAAC
ALB
Return on Assets (Normalized)
 −6.91%0.39%14.67%
Return on Equity (Normalized)
 −6.69%0.49%28.28%
Return on Invested Capital (Normalized)
 −8.79%−1.09%20.38%
Return on Assets
LAC
LAAC
ALB
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