|Bid||5.30 x 0|
|Ask||5.41 x 0|
|Day's Range||5.32 - 5.50|
|52 Week Range||3.74 - 8.85|
|Beta (3Y Monthly)||2.44|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||7.83|
We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also plenty of examples of share prices declining precipitously after insiders have sold shares. So we'll take a look a...
Is Magna International Inc. (TSX:MG)(NYSE:MGA) a better investment than Tesla Inc. (NASDAQ:TSLA) in the electric vehicle space?
While Volkswagen AG, Tesla Inc and other electric-focused automakers and battery manufacturers are expanding in the United States and investing billions in the new technology, they are reliant on mineral imports without a major push to develop more domestic mines and processing facilities. China already dominates the electric vehicle supply chain. It produces nearly two-thirds of the world's lithium-ion batteries - compared to 5 percent for the United States - and controls most of the world's lithium processing facilities, according to data from Benchmark Minerals Intelligence, which tracks prices for lithium and other commodities and is organizing the Washington, D.C., event.
U.S. government officials plan to meet with executives from automakers and lithium miners in early May as part of a first-of-its-kind effort to launch a national electric vehicle supply chain strategy, according to three sources familiar with the matter. While Volkswagen AG, Tesla Inc and other electric-focused automakers and battery manufacturers are expanding in the United States and investing billions in the new technology, they are reliant on mineral imports without a major push to develop more domestic mines and processing facilities. China already dominates the electric vehicle supply chain.
Lithium Americas Corp (TSX:LAC)(NYSE:LAC) is a secret way to benefit from the success of Tesla Inc (NASDAQ:TSLA) stock.
Lithium Americas Corp. (LAC.TO) (LAC) ("Lithium Americas" or the "Company") has announced its financial and operating results for the year ended December 31, 2018. On April 1, 2019 the Company entered into a definitive transaction agreement whereby Ganfeng Lithium Co., Ltd. (“Ganfeng”) has agreed to subscribe, through a wholly-owned subsidiary, for 141 million newly issued shares of Minera Exar S.A. (“Minera Exar”), the holding company for the Cauchari-Olaroz lithium brine project, for cash consideration of US$160 million (such transaction, the “Project Investment”). As a result of the Project Investment, Ganfeng will increase its direct and indirect interest in the Cauchari-Olaroz project from 37.5% to 50%, with Lithium Americas holding the remaining 50% interest (each subject to the rights of JEMSE (the Government of Jujuy) to acquire an approximate 8.5% interest in Minera Exar).
GFL agrees to subscribe for newly issued shares in Minera Exar, the holding company for Caucharí-Olaroz, for consideration of US$160 million. Lithium Americas and Ganfeng Lithium to form 50/50 joint venture. Upon closing, LAC and GFL will each own a 50% equity interest in Caucharí-Olaroz, adjusted from the current 62.5% and 37.5% interests, respectively.
Lithium Americas Corp. (TSX:LAC)(NYSE:LAC) joins three high-powered cannabis stocks for an outperforming quartet.
Descartes Systems Group Inc. (TSX:DSG)(NASDAQ:DSGX) joins two other high-flying Canadian tickers to form a powerful trio for growth investors.
NEW YORK, March 21, 2019 /CNW/ -- Lithium prices have skyrocketed during recent years due to the growing global demand for lithium-ion batteries. Lithium-ion batteries are being used within various applications such as electric vehicles (EV), portable consumer electronics, and grid energy storage systems, to name a few. The batteries are commonly used in applications that require lightweight and high-energy density solutions as lithium-ion batteries are much more compact when compared to traditional batteries.
HEXO Corp. (TSX:HEXO) joins three other stocks for investors looking to cash in oh high returns from the cannabis and mining industries.
The company has named board member Callum Grant, an engineer by training, as interim president and said it would move forward with plans to develop an Argentine lithium deposit. Sidoo also stepped down as president and CEO of Vancouver-based East West Petroleum on Thursday. Sidoo, 59, was arrested last Friday and charged with conspiracy to commit fraud for allegedly paying $200,000 to the scam's accused mastermind, William "Rick" Singer, to arrange for people to take the SAT admissions test for his two sons, according to U.S. court documents reviewed by Reuters.
Advantage Lithium Corp said on Thursday it has temporarily replaced Chief Executive David Sidoo as he battles U.S. fraud charges connected to a sweeping college admissions scandal. The company has named board member Callum Grant, an engineer by training, as its interim president and said it would move forward with plans to develop an Argentine lithium deposit. Sidoo also stepped down as president and CEO of Vancouver-based East West Petroleum on Thursday.
While small-cap stocks, such as Lithium Americas Corp. (TSE:LAC) with its market cap of CA$505m, are popular for their explosive growth, investors should also be aware of their balance sheetRead More...
POINT ROBERTS, Wash. and DELTA, British Columbia, March 04, 2019 -- Investorideas.com, an investor news source covering lithium stocks, issues a snapshot looking at key trends.
Magna International Inc. (TSX:MG)(NYSE:MGA) and one other Canadian stock offer investors two different plays for EV exposure.
Growth investors should eye Barrick Gold Corp. (TSX:ABX)(NYSE:GOLD) for upside, but how do three competitors compare?
NYSE: LAC) (“Lithium Americas”, “LAC” or the “Company”) is pleased to provide a construction update on the Cauchari-Olaroz lithium project ("Cauchari-Olaroz") in the Province of Jujuy, Argentina. Cauchari-Olaroz is 100%-owned by Minera Exar S.A. (“Minera Exar”), a joint venture company owned 62.5% by Lithium Americas and 37.5% by Jiangxi Ganfeng Lithium Co., Ltd. (“Ganfeng Lithium”).
Lithium Americas Corp. (TSX:LAC)(NYSE:LAC) and Nemaska Lithium Inc. (TSX:NMX) have suffered as lithium prices have tanked in late 2018 and early 2019.
Could this year be any better for lithium mining stocks like Lithium Americas Corp (TSX:LAC)(NYSE:LAC) after a bad 2018?
Tom Hodgson has been the CEO of Lithium Americas Corp. (TSE:LAC) since 2015. First, this article will compare CEO compensation with compensation at similar sized companies. Next, we'll consider growth Read More...