Overview Dividends

(LAC) Lithium Americas - Ratings and Ratios

Exchange: NYSE • Country: Canada • Currency: USD • Type: Common Stock • ISIN: CA53680Q2071

Lithium, Thacker Pass, Deposits, Processing

Diversified Metals & Mining
Market Cap in USD: 1,654m
IPO / Inception: 2018-01-25
Return 12m vs S&P 500: 41.8%

EPS (Earnings per Share)

EPS (Earnings per Share) of LAC over the last years for every Quarter: "2020-12": -0.1, "2021-03": -0.09, "2021-06": -0.12, "2021-09": -0.14, "2021-12": -0.11, "2022-03": -0.35, "2022-06": -0.12, "2022-09": -0.3, "2022-12": 0.08, "2023-03": -0.04, "2023-06": 0.16, "2023-09": -0.07, "2023-12": -0.07, "2024-03": -0.03, "2024-06": -0.02, "2024-09": -0.0034, "2024-12": -0.1, "2025-03": -0.05, "2025-06": -0.06, "2025-09": -0.0339,
EPS CAGR: 7.42%
EPS Trend: 36.7%
Last SUE: 0.96
Qual. Beats: 1

Revenue

Revenue of LAC over the last years for every Quarter: 2020-12: 0, 2021-03: 0, 2021-06: 0, 2021-09: 0, 2021-12: 0, 2022-03: 0, 2022-06: 0, 2022-09: 0, 2022-12: 0, 2023-03: 0, 2023-06: 0, 2023-09: 0, 2023-12: 0, 2024-03: 0.053289, 2024-06: 1.7E-5, 2024-09: 0, 2024-12: -1.7E-5, 2025-03: 0, 2025-06: 0, 2025-09: 0,
Rev. CAGR: 0.00%
Rev. Trend: 8.4%
Last SUE: 0.00
Qual. Beats: 0

Dividends

Currently no dividends paid
Risk via 5d forecast
Volatility 81.2%
Value at Risk 5%th 116%
Relative Tail Risk -12.91%
Reward TTM
Sharpe Ratio 0.84
Alpha 42.57
CAGR/Max DD -0.29
Character TTM
Hurst Exponent 0.268
Beta 1.164
Beta Downside 1.969
Drawdowns 3y
Max DD 81.83%
Mean DD 64.04%
Median DD 71.76%

Description: LAC Lithium Americas December 26, 2025

Lithium Americas Corp. (NYSE:LAC) is a Vancouver-based miner focused on developing, building, and operating lithium-brine deposits and associated chemical processing facilities in the United States and Canada. Its flagship project, Thacker Pass in Nevada’s McDermitt Caldera, is slated to become one of the largest hard-rock lithium operations in North America, while the company also holds a portfolio of exploration assets across the two countries. LAC was incorporated in 2023 and trades as a common stock under the Diversified Metals & Mining sub-industry.

Key quantitative drivers (as of the latest public filings) include: (1) an estimated production capacity of ~70,000 metric tons of lithium carbonate equivalent (LCE) per year at Thacker Pass, with capital expenditures projected around $2.2 billion; (2) a forward-looking cost target of roughly $4,500 per tonne LCE, which would place the project among the lower-cost peers in a market where average cash-costs are currently $6,000-$7,000 per tonne; and (3) a macro-level demand catalyst-BloombergNEF forecasts global lithium demand to grow at a 19 % compound annual growth rate through 2030, driven primarily by electric-vehicle battery production.

For a deeper dive into LAC’s valuation metrics and scenario analysis, see the ValueRay profile.

Piotroski VR‑10 (Strict, 0-10) 2.5

Net Income (-241.5m TTM) > 0 and > 6% of Revenue (6% = -1.02 TTM)
FCFTA -0.45 (>2.0%) and ΔFCFTA -16.35pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue -1.68b% (prev 607.8k%; Δ -1.68bpp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA -0.04 (>3.0%) and CFO -56.6m > Net Income -241.5m (YES >=105%, WARN >=100%)
NO Net Debt/EBITDA fails (EBITDA <= 0)
Current Ratio 3.77 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (238.7m) change vs 12m ago 9.48% (target <= -2.0% for YES)
Gross Margin 8.51m% (prev -154.4%; Δ 8.51mpp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover -0.00% (prev 0.01%; Δ -0.01pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio -7890 (EBITDA TTM -242.6m / Interest Expense TTM 31.0k) >= 6 (WARN >= 3)

Altman Z'' -0.01

(A) 0.20 = (Total Current Assets 388.6m - Total Current Liabilities 103.1m) / Total Assets 1.45b
(B) -0.19 = Retained Earnings (Balance) -276.5m / Total Assets 1.45b
(C) -0.23 = EBIT TTM -244.6m / Avg Total Assets 1.07b
(D) 0.82 = Book Value of Equity 452.7m / Total Liabilities 555.3m
Total Rating: -0.01 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 29.61

1. Piotroski 2.50pt
2. FCF Yield -38.69%
3. FCF Margin data missing
4. Debt/Equity 0.85
5. Debt/Ebitda -0.08
6. ROIC - WACC (= -32.93)%
7. RoE -41.06%
8. Rev. Trend 8.40%
9. EPS Trend 36.68%

What is the price of LAC shares?

As of January 09, 2026, the stock is trading at USD 5.52 with a total of 11,191,116 shares traded.
Over the past week, the price has changed by +15.72%, over one month by +3.95%, over three months by -29.86% and over the past year by +67.78%.

Is LAC a buy, sell or hold?

Lithium Americas has received a consensus analysts rating of 3.73. Therefor, it is recommend to hold LAC.
  • Strong Buy: 4
  • Buy: 3
  • Hold: 8
  • Sell: 0
  • Strong Sell: 0

What are the forecasts/targets for the LAC price?

Issuer Target Up/Down from current
Wallstreet Target Price 6 7.8%
Analysts Target Price 6 7.8%
ValueRay Target Price 5.8 4.5%

LAC Fundamental Data Overview January 08, 2026

P/E Forward = 40.0
P/S = 177.9725
P/B = 3.3244
Beta = 3.516
Revenue TTM = -17.0 USD
EBIT TTM = -244.6m USD
EBITDA TTM = -242.6m USD
Long Term Debt = 387.0m USD (from longTermDebt, last quarter)
Short Term Debt = 5.60m USD (from shortTermDebt, last quarter)
Debt = 405.3m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 20.0m USD (from netDebt column, last quarter)
Enterprise Value = 1.67b USD (1.65b + Debt 405.3m - CCE 385.3m)
Interest Coverage Ratio = -7890 (Ebit TTM -244.6m / Interest Expense TTM 31.0k)
FCF Yield = -38.69% (FCF TTM -647.7m / Enterprise Value 1.67b)
WARNING: Negative Revenue TTM = -17.0
FCF Margin = 3.81b% (FCF TTM -647.7m / Revenue TTM -17.0)
WARNING: Negative Revenue TTM = -17.0
Net Margin = 1.42b% (Net Income TTM -241.5m / Revenue TTM -17.0)
WARNING: Negative Revenue TTM = -17.0
Gross Margin = 8.51m% ((Revenue TTM -17.0 - Cost of Revenue TTM 1.45m) / Revenue TTM)
Gross Margin QoQ = none% (prev none%)
Tobins Q-Ratio = 1.15 (Enterprise Value 1.67b / Total Assets 1.45b)
Interest Expense / Debt = 0.01% (Interest Expense 31.0k / Debt 405.3m)
Taxrate = 26.26% (-10.7m / -40.6m)
NOPAT = -180.3m (EBIT -244.6m * (1 - 26.26%)) [loss with tax shield]
Current Ratio = 3.77 (Total Current Assets 388.6m / Total Current Liabilities 103.1m)
Debt / Equity = 0.85 (Debt 405.3m / totalStockholderEquity, last quarter 475.6m)
Debt / EBITDA = -0.08 (negative EBITDA) (Net Debt 20.0m / EBITDA -242.6m)
Debt / FCF = -0.03 (negative FCF - burning cash) (Net Debt 20.0m / FCF TTM -647.7m)
Total Stockholder Equity = 588.1m (last 4 quarters mean from totalStockholderEquity)
RoA = -22.58% (Net Income -241.5m / Total Assets 1.45b)
RoE = -41.06% (Net Income TTM -241.5m / Total Stockholder Equity 588.1m)
RoCE = -25.08% (EBIT -244.6m / Capital Employed (Equity 588.1m + L.T.Debt 387.0m))
RoIC = -24.65% (negative operating profit) (NOPAT -180.3m / Invested Capital 731.6m)
WACC = 8.27% (E(1.65b)/V(2.06b) * Re(10.30%) + D(405.3m)/V(2.06b) * Rd(0.01%) * (1-Tc(0.26)))
Discount Rate = 10.30% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 21.47%
Fair Price DCF = unknown (Cash Flow -647.7m)
EPS Correlation: 36.68 | EPS CAGR: 7.42% | SUE: 0.96 | # QB: 1
Revenue Correlation: 8.40 | Revenue CAGR: 0.0% | SUE: 0.0 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.08 | Chg30d=-0.010 | Revisions Net=+0 | Analysts=1
EPS next Year (2026-12-31): EPS=-0.37 | Chg30d=+0.034 | Revisions Net=+2 | Growth EPS=+61.6% | Growth Revenue=+0.0%

Additional Sources for LAC Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle