Lithium Americas Corp Price, Forecast, Insider, Ratings, Fundamentals & Signals

Consolidated q1 2024 highlights: consolidated operating profit of $4.8 million increased 162% over q1 2023 consolidated income before taxes of $5.6 million up 28% from q1 2023 income tax expense compared with income tax benefit in q1 2023 due to shift in mix of earnings consolidated net income of $4.6 million, or $0.61/share versus $5.7 million, or $0.76/share, in q1 2023  ebitda of $11.2 million up 4% from q1 2023 cleveland , may 1, 2024 /prnewswire/ -- nacco industries® (nyse: nc) today announced the following consolidated results for the three months ended march 31, 2024. comparisons in this news release are to the three months ended march 31, 2023, unless otherwise noted.

(all amounts in us$ unless otherwise indicated) vancouver, british columbia, april 22, 2024 (globe newswire) -- lithium americas corp. (tsx: lac) (nyse: lac) (“lithium americas” or the “company”) announced the closing of its previously announced underwritten public offering (the “offering”) of its common shares (the “common shares”). the company issued 55,000,000 common shares, issued at a price of $5.00 per common share (the “issue price”), for aggregate gross proceeds to the company of $275,000,000.

(all amounts in us$ unless otherwise indicated) vancouver, british columbia, april 18, 2024 (globe newswire) -- lithium americas corp. (tsx: lac) (nyse: lac) (“lithium americas” or the “company”) announced the pricing of its previously announced underwritten public offering (the “offering”) of 55,000,000 of its common shares (the “common shares”) at a price to the public of $5.00 per common share (the “issue price”) for aggregate gross proceeds to the company of $275,000,000. the offering is being conducted through a syndicate of underwriters led by evercore isi, goldman sachs & co. llc and bmo capital markets (together, the “lead underwriters”), as the co-lead book-running managers, j...

(all amounts in us$ unless otherwise indicated) vancouver, british columbia, april 17, 2024 (globe newswire) -- lithium americas corp. (tsx: lac) (nyse: lac) (“lithium americas” or the “company”) announced that it intends to offer and sell, subject to market conditions, 55,000,000 of its common shares (the “common shares”) in an underwritten public offering (the “offering”). all of the common shares to be sold in the offering will be offered by lithium americas.

(all amounts in us$ unless otherwise indicated) vancouver, british columbia, march 15, 2024 (globe newswire) -- lithium americas corp. (tsx: lac) (nyse: lac) (“lithium americas” or the “company”) has reported its financial and operating results for the fourth quarter and year ended december 31, 2023 (“q4 2023”) and has filed its audited consolidated financial statements (“financials”) and management's discussion and analysis (“md&a”) for the year ended december 31, 2023. the company is also providing an update on its thacker pass lithium project in humboldt country, nevada (“thacker pass”).

Worldwide governments and the corporate sector are focusing on hitting the net zero target in the coming decades. This implies significant investments in the clean energy sector.

It's tough to advocate for buying battery stocks at this point. With the slowdown in demand for EVs, we've seen battery stocks sell-off over the past year or so.

The latest trading day saw Lithium Americas Corp. (LAC) settling at $4.44, representing a -1.11% change from its previous close.

It has been a topsy-turvy few years for lithium stocks. The shiny, white metal's price surged in 2021, growing by more than 800%, spurred by the growing EV demand.

The Federal Reserve just threw a wet blanket on small-cap stocks in general and penny stocks in particular in announcing that interest rates are not likely to come down soon. It's a time when “buy the best forget the rest” is sound advice.

If we look at some data points on investing trends, it seems that long term investing is dead, but there are millionaire-making growth stocks to be had out there. Equity holding periods have decreased in recent decades.

In the closing of the recent trading day, Lithium Americas Corp. (LAC) stood at $4.57, denoting a -1.08% change from the preceding trading day.

There's no getting around it. Considering penny stocks to buy on the dip is a high-risk endeavor.

Battery stocks have been depressed in the last few quarters. That does not come as a surprise, with the electric vehicle (EV) industry facing macroeconomic headwinds.

From being among the hottest stocks, we've come to a point where no one seems to be interested in buying lithium stocks. It's said that long-term investing is boring.