Lithium Americas (TSE:LAC) Sets New 52-Week Low – Here’s What Happened

Posted by Amy Steele on Nov 7th, 2026

Shares of Lithium Americas Corp. (TSE:LAC – Get Free Report) hit a new 52-week low during trading on Thursday. The stock traded as low as C$2.55 and last traded at C$2.57, with a volume of 474,515 shares changing hands. The stock had previously closed at C$2.73.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Canaccord Genuity Group upgraded shares of Lithium Americas from a “hold” rating to a “moderate buy” rating and lowered their price target for the stock from C$7.00 to C$5.25 in a report on Thursday, October 15th. National Bank Financial reduced their price objective on shares of Lithium Americas from C$6.25 to C$5.25 and set a “sector perform” rating on the stock in a research note on Monday, October 19th. Three research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of C$7.17.

Read Our Latest Stock Analysis on LAC

Lithium Americas Stock Up 5.8%

The company has a debt-to-equity ratio of 81.68, a quick ratio of 52.06 and a current ratio of 5.47. The firm’s 50 day moving average price is C$3.54 and its two-hundred day moving average price is C$5.35. The company has a market cap of C$998.37 million, a P/E ratio of -5.98 and a beta of 3.32.

Lithium Americas (TSE:LAC – Get Free Report) last issued its earnings results on Thursday, August 13th. The company reported C($0.03) earnings per share (EPS) for the quarter. Lithium Americas had a negative return on equity of 8.92% and a net margin of 1,429,488,235.29%. Equities research analysts anticipate that Lithium Americas Corp. will post 1.38 EPS for the current fiscal year.

Lithium Americas Company Profile

(Get Free Report)

Lithium Americas is building Thacker Pass located in Humboldt County in northern Nevada. Phase 1 is designed for nominal production capacity of 40,000 tonnes per year of battery-quality lithium carbonate, and mechanical completion is targeted for late 2027. Thacker Pass hosts the largest known measured lithium resource (Measured and Indicated) in the world and is owned by a JV between Lithium Americas (holding a 62% interest), and GM (holding a 38% interest). Project financing for Phase 1 includes a $2.23 billion loan from the U.S.