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Lithium Americas Corp. (LAC.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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18.03+0.57 (+3.26%)
At close: 4:00PM EDT
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  • G
    GJ
    Look everyone, at this point in time, LAC has become the plaything of day traders. This cycle won't break until the company releases some solid news. Until then, keep adding shares to your portfolios at lows because the fundamentals of this company are still great.

    The EV revolution is just beginning and LAC is perfectly placed to take advantage of it. On their website, LAC estimates their production cost to be $4000USD/ton and the current price is $13500USD/ton. Even by adding $1000USD/ton to the cost, LAC's profits would sit at $8500USD/ton. According to some articles, the price of lithium could triple from these levels which would take LAC's profit to $35,500USD/ton. At full capacity (60,000 tons from Thacker Pass and 20,000 tons from CO (which is 50% of the total CO production that they split with Gangfeng Lithium)), the profits would be totalling $2.84 billion.

    The average PE ratio of lithium miners is 25.44 at the moment. So the Market Cap of LAC could sit at $72 Billion USD or at a price per shares of $605USD or $756CAD. Now even if prices for lithium don't go up from here, the shares price would be $230USD or 287CAD. Full production isn't expected until 2024 or 2025.

    GO LONGS
  • L
    Larry
    Strong demand for this product in battery development, EV growth next 5 years
  • P
    Pilsner
    Up one day, down the next. Speculators (Not Real Investors) jumping on LAC, then jumping on, then off. The real winners will be long term or devoted stockHOLDERS.
    I wii love to hear about those jump on/off people missing out when partnering is announced and LAC multiples many times in value. The more crying, the better I will feel. Me, a steady calm holder with confidence.
  • J
    Joe
    Right now, Green is good a little or a lot, I don't care. I know where this thing is headed, eventually, lithium paradise.
  • A
    Alex
    It seems the whole EV / alt energy market has been feeling pain. Market is ATH but this field is like 20-30% down from ATH...
  • b
    bill
    Hello LAC: my name is Bill. Just got in with 100. At one point at $26 or so, I see. I'm heavenly in at AMC and when the time is right, will be heavenly in LAC. Have a good weekend everyone
  • Q
    Quranic Warners
    Wondering why the price is up today? An article on Zack's might have something to do with it, "Lithium Americas Corp (LAC) is a Zacks Rank #2 (Buy) and it is the Bull of the Day today." So far the volume is high, almost reaching yesterday's volume and it's only been a little over an hour.
  • V
    ValueHound
    New battery plant from GM!

    Go LAC!! we need to sign them up
  • J
    Joe
    Just bought more........Do the same if you can. Constant fire sales with this stock. If you wait you could probably snag below 14, maybe.
  • J
    Joe
    LAC as many up and coming stocks become a game of Manipulation/shorting power vs. Long (I want in now when the price is low to reap the benefits later). The question is, where is that sweet spot where investors feel its just too good of deal and start buying it up before it jumps on excitement of news or rumor of news.
  • T
    Tae
    Expecting LAC to reach 50ish towards end of this year. Waiting for the Tesla Tera factory in Texas which will produce lithium ion battery by Tesla.
  • L
    Lithium 2
    https://www.youtube.com/watch?v=YuCK1SJG5gc Note For what is worth. $$$$$$$$$$$$$$$$$$$$$$$$$$$$
    Tesla's Lithium Clay Mine and Salt Extraction Process Note Elon brings the salt, LAC has the lithium pepper. (: Its be a LAC O CASH IN PARTY HOOP A lol $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ (: 2
  • L
    Lithium 2
    Note all longs and news investors in a buy day Friday, that one PR on a LAC partnership changes all in a FLASH !!! So here is a video from Joe Lowey who tells of this a bit Enjoy (: A LAC SOON TO BE A POP O $$$$$$$$$$$$$$$$$$$$ 2 https://www.globallithium.net/videos
  • J
    John G
    Looks like they're taking down many of the lithium stocks today, good buying opportunity......
  • s
    sober opinion
    consolidation. good volume. adding more shares. Longs, stay the course. Expect to have LAC lithium in all of our cars in the next 2-3 years (really, think about it. We will !!)
  • J
    Joe
    We have tested the mid 13's (3) times in the last month. Bottom in yet? What do you think, is it ready to ascend?
  • L
    Larry
    Buying for next 5 years,
  • V
    ValueHound
    Everything EV (excluding Tesla) is selling off hard and junior Lithium miners like LAC get lumped together in the blood bath, but contrary to pump and dump schemes like several EV Spacs, LAC is a real company, with very valuable assets on the ground and 500 MM in cash and 200MM in credit to make them a reality. So take the opportunity, if you can, to add to your holdings you won't regret a year from now.
  • J
    John G
    Added 4k shares, great buying opportunity we may not see again.......
  • L
    Lithium 2
    FYI Longs and news investors What drain is the lie posting day trading Cartoon troll Monkey talking about The one in which I told all last year right here to buy LAC at $2.50 $3 $4 $6 and $9 PPS levels Or the fact the no matter ones entry at higher PPS levels that with the events LAC has ahead with 2 plants one producing next year in 2022 and one going to start being built in 2021 that is on the LAC website Also any day now a partnership for Lithium NV says the LAC CEO Jon Evan with named in the 2nd or 3rd Qtrs. 2021 with a Tesla Could be ? We will see in any day in that time frame It be a LAC O LACO MOTION POP lol be on $$$$$$$$$$$$$$$$$$$$$$$$$$$ (: 2