Skip to Content

Lithium Americas Corp LAC

Morningstar Rating
$2.76 +0.05 (1.85%)
View Full Chart
Unlock our analysis with Morningstar Investor

Company Report

Price vs Fair Value

LAC is trading at a 442% premium.
Price
$2.76
Fair Value
$36.00
Uncertainty
Very High
1-Star Price
$83.00
5-Star Price
$4.00
Economic Moat
Rgfhj
Capital Allocation
Xscmvthw

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.

Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if LAC is a good fit for your portfolio.

News

Trading Information

Previous Close Price
$2.71
Day Range
$2.692.80
52-Week Range
$2.4912.38
Bid/Ask
$2.72 / $2.82
Market Cap
$599.39 Mil
Volume/Avg
5.2 Mil / 5.3 Mil

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

Competitors

Valuation

Metric
LAC
LAAC
ALTM
Price/Earnings (Normalized)
4.54
Price/Book Value
1.100.640.64
Price/Sales
2.08
Price/Cash Flow
0.4311.53
Price/Earnings
LAC
LAAC
ALTM

Financial Strength

Metric
LAC
LAAC
ALTM
Quick Ratio
6.710.461.30
Current Ratio
6.940.461.98
Interest Coverage
0.11
Quick Ratio
LAC
LAAC
ALTM

Profitability

Metric
LAC
LAAC
ALTM
Return on Assets (Normalized)
−4.21%−0.26%6.80%
Return on Equity (Normalized)
−3.79%−0.33%10.45%
Return on Invested Capital (Normalized)
−6.16%−1.86%8.49%
Return on Assets
LAC
LAAC
ALTM
See how this stock stacks up to its competitors with Morningstar Investor

Other Industrial Metals & Mining Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BHP Group Ltd
BHPLF
SMYndzlzw$149.0 Bil
BHP Group Ltd ADR
BHP
NfmnqfdkJfvd$149.0 Bil
Rio Tinto Ltd
RTNTF
Sbgrk$131.7 Bil
Rio Tinto PLC ADR
RIO
PkxyzjlnPkwy$110.4 Bil
Vale SA ADR
VALE
QzzyQxw$49.4 Bil
Anglo American PLC ADR
NGLOY
LrfkvvpgPth$37.5 Bil
Teck Resources Ltd Class B (Sub Voting)
TECK
GsnrbnvnfCyhc$26.3 Bil
Lithium Americas (Argentina) Corp
LAAC
ZzqnqkqNxgkzt$520.6 Mil
Compass Minerals International Inc
CMP
TfznqlrBkndr$465.8 Mil

Sponsor Center