LAC
Price:
$5.44
Market Cap:
$1.21B
Lithium Americas Corp. operates as a resource company in the United States and Argentina. The company explores for lithium deposits. It owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina; Thacker Pass project located in north-western Nevada; and Pastos Grandes project located in the Salta province of Argentina. The company was formerly known as Western Lithium USA Corporation and changed its name to Lithium Americas Corp. in March 2016. Lithium Americas Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.
Industry
Industrial Materials
IPO Date
2008-09-18
Stock Exchange
NYSE
Ticker
LAC
According to Lithium Americas Corp.’s latest financial reports and current stock price. The company's current ROE is -8.42%. This represents a change of 298.84% compared to the average of -2.11% of the last 4 quarters.
The mean historical ROE of Lithium Americas Corp. over the last ten years is 24.36%. The current -8.42% ROE has changed -134.58% with respect to the historical average. Over the past ten years (40 quarters), LAC's ROE was at its highest in in the December 2022 quarter at 68.41%. The ROE was at its lowest in in the March 2016 quarter at -21.60%.
Average
24.36%
Median
-4.01%
Minimum
-34.35%
Maximum
196.99%
Discovering the peaks and valleys of Lithium Americas Corp. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 406.68%
Maximum Annual ROE = 196.99%
Minimum Annual Increase = -Infinity%
Minimum Annual ROE = -34.35%
| Year | ROE | Change |
|---|---|---|
| 2024 | -6.70% | 406.68% |
| 2023 | -1.32% | -100.67% |
| 2022 | 196.99% | 74.62% |
| 2021 | 112.81% | -953.12% |
| 2020 | -13.22% | -140.85% |
| 2019 | 32.37% | -194.22% |
| 2018 | -34.35% | 12.38% |
| 2017 | -30.57% | -Infinity% |
| 2016 | 0% | -100.00% |
| 2015 | -12.40% | 101.14% |
The current ROE of Lithium Americas Corp. (LAC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
62.99%
5-year avg
57.71%
10-year avg
24.36%
Lithium Americas Corp.’s ROE is greater than Critical Metals Corp. (-62.67%), less than IperionX Limited (-0.04%), greater than Lithium Argentina AG (-2.24%), greater than Northern Dynasty Minerals Ltd. (-130.17%), less than USA Rare Earth Inc (195.50%), less than Loma Negra Compañía Industrial Argentina Sociedad Anónima (7.84%), less than Vizsla Silver Corp. (0.82%), greater than Ferroglobe PLC (-13.97%), less than Standard Lithium Ltd. (62.56%),
| Company | ROE | Market cap |
|---|---|---|
| -62.67% | $928.77M | |
| -0.04% | $10.66M | |
| -2.24% | $849.15M | |
| -130.17% | $1.15B | |
| 195.50% | $1.70B | |
| 7.84% | $1.44B | |
| 0.82% | $1.70B | |
| -13.97% | $873.41M | |
| 62.56% | $963.90M |
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