Previous close | 4.6600 |
Open | 4.7100 |
Bid | 0.0000 x 3200 |
Ask | 0.0000 x 4000 |
Day's range | 4.6700 - 4.9000 |
52-week range | 3.8100 - 11.5000 |
Volume | |
Avg. volume | 4,195,965 |
Market cap | 767.04M |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.0200 |
Earnings date | 13 May 2024 - 17 May 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 10.21 |
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.
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 $2.26 billion to build the project. The company aims to extract lithium at Thacker Pass from a large clay deposit, something that has never been done before at commercial scale.
(All amounts in US$ 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 bei