Lithium Americas Corp. (LAC.TO)
| Previous Close | 6.41 |
| Open | 6.48 |
| Bid | 6.54 x 0 |
| Ask | 6.55 x 0 |
| Day's Range | 6.41 - 6.74 |
| 52 Week Range | 5.17 - 16.07 |
| Volume | |
| Avg. Volume | 693,922 |
| Market Cap | 1.061B |
| Beta (5Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.03 |
| Earnings Date | May 13, 2024 - May 17, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 16.62 |
- Yahoo Finance Video
Lithium Americas stock plummets on discounted share offering
Lithium Americas' stock (LAC) plummeted after the company announced it was offering new shares at a discount. The shares were priced at $5, which was nearly 25% lower than Wednesday's closing price. Yahoo Finance's Julie Hyman and Myles Udland discuss the announcement. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Stephanie Mikulich.
BloombergLithium Americas Plunges After Shares Sold at Steep Discount
(Bloomberg) -- Lithium Americas Corp.’s stock plunged the most on record after agreeing to sell 55 million shares at a deep discount.Most Read from BloombergDubai Grinds to Standstill as Flooding Hits CityElon Wants His Money BackSingapore Loses ‘World’s Best Airport’ Crown to QatarRecord Rainfall in Dubai? Blame Climate Change, Not Cloud SeedingRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsShares of the lithium explorer fell as much as 27% to $4.82 as of 9:31 a.m. in New Y
- Reuters
UPDATE 1-Lithium Americas to raise $275 mln for Thacker Pass mine
Lithium Americas said early on Thursday that it would raise $275 million to accelerate construction and development of the Thacker Pass lithium project in Nevada. The company will sell 55 million shares for $5 per share, Lithium Americas said, a month after the U.S. unveiled plans to lend it $2.26 billion to build the project. The company aims to extract lithium at Thacker Pass from a large clay deposit, something that has never been done before at commercial scale.
