Lithium Americas Corp. (LAC) Stock Price Quote, News &…

Summary

Lithium Americas Corp. is a resource company primarily engaged in the exploration and development of lithium deposits across the United States and Argentina. The firm holds significant interests in several key projects, including Cauchari-Olaroz in Argentina's Jujuy province, the Thacker Pass project located in northwestern Nevada, and Pastos Grandes within Argentina's Salta province. Formerly known as Western Lithium USA Corporation, the company officially rebranded to Lithium Americas Corp. in March 2016. Its establishment dates back to 2007, and its corporate headquarters are situated in Vancouver, Canada.

Website

www.lithiumamericas.com

Location

Vancouver, A1, CA

Phone17786565820

Employees94

CEOJonathan David Evans

SectorBasic Materials

IndustryIndustrial Materials

IPO DateSep 18, 2008

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Company overview

Business model, segments, and competition.

Peer comparison

Metrics vs closest competitors.

Guidance & outlook

Forward guidance and assumptions.

Bull vs bear case

Upside drivers and key risks.

Valuation snapshot

Multiples vs history and peers.

Competitive moat

Defensibility and market position.

Management track record

Leadership and capital allocation history.

How it makes money

A short diagram of the business model.

Latest Documents

Mentions in Filings

… nder the symbol “LAR”. On January 23, 2025, the Company completed a plan of arrangement under which it continued from the province of British Columbia into Zug, Canton of Zug, Switzerland, and changed its name from “Lithium Americas (Argentina) Corp.” to “Lithium Argentina AG” (the “Continuation”) (Note 14). The Company is focused on the operation of the Cauchari-Olaroz lithium brine project (“Cauchari-Olaroz”), located in the Salar de Olaroz a …
Lithium Argentina AGLithium Americas Corp.·EX-99.1 - 6-K - Current report (foreign private issuer)·Q3 26·10 Nov
… 23, 2025, the Company completed a plan of arrangement under the laws of the province of British Columbia (the “Arrangement”) involving the Company’s continuation from the province of British Columbia under the name “Lithium Americas (Argentina) Corp.” into Zug, Canton of Zug, Switzerland, as a Swiss share corporation under the name “Lithium Argentina AG”. As a result, the Company ceased to be governed by the Business Corporations Act (British Co …
Lithium Argentina AGLithium Americas Corp.·EX-99.2 - 6-K - Current report (foreign private issuer)·Q3 26·10 Nov
… NG.** I, Alexander Cushing, P. Eng., residing at 243 Albright Road, Hamilton, Ontario, do hereby certify that: 1. I am an independent mineral processing, metallurgical and mineral economics consultant contracted by Lithium Americas (Argentina) Corp. 2. This certificate applies to the technical report titled "2026 Cauchari-Olaroz S-K 1300 Technical Report, Jujuy Province, Argentina," (the "Technical Report") with an effective date of September …
Lithium Argentina AGLithium Americas Corp.·EX-99.1 - 6-K - EXHIBIT 99.1·Q3 26·6 Nov
… Contract Mining's subsidiary, Sawtooth, is the exclusive provider of comprehensive mining services for the Thacker Pass lithium project in Humboldt County, Nevada. Thacker Pass is owned by a joint venture between Lithium Americas Corp. and General Motors Holdings LLC. The U.S. Department of Energy holds warrants to purchase five percent non-voting, non-transferable equity in this joint venture. Lithium Americas Corp. is targeting mechanical comp …
NACCO INDUSTRIES INCLithium Americas Corp.·10-Q - Quarterly report Q3·Q3 26·4 Nov
… contract mining agreement that spans over a decade. Sawtooth Mining, a North American Mining subsidiary, provides exclusive comprehensive mining services at Thacker Pass, which is owned by a joint venture led by Lithium Americas Corp. Sawtooth will supply all the lithium-bearing ore requirements for our customer's Thacker Pass lithium processing facility, which is currently under construction. This project provides stable income during construc …
NACCO INDUSTRIES INCLithium Americas Corp.·EX-99 - 8-K - Results of Operations and Financial Condition·Q4 26·4 Nov
… ion of $500 million. In preparing these analyses, Cohen reviewed the Enterprise Value divided by resource size (Lithium Carbonate Equivalents) and Enterprise Value as a percentage of disclosed Net Present Values (NPV) for Lithium Americas (owner of Thacker Pass) and Ioneer (owner of Rhyolite Ridge). Then, Cohen compared these multiples and ratios with US Elemental’s proposed $500 million valuation and determined that the valuation was reasonable.
HiTech Minerals Inc.Lithium Americas Corp.·S-4/A - REGISTRATION STATEMENT·Q4 26·26 Oct

Key Stats

Trading

Px/Chg 1D$2.55 / -0.78%

Prev Close$2.97

% of 52Wk H28.52%

Avg Volume10.08M

Beta1.72

Mkt Cap569.36M

FD Mkt Cap669.84M

Float

Shrs Out/Float223.28M / 198.66M

Short Float0.14%

Days to Cover3.31

Stock Repurchased$0.00

Current Valuation

EV770.22M

EV/EBITDA-15.01

EV/Sales0.00

P/B0.42

P/S0.00

FCF Yield-55.00%

ROE-0.03%

ROA-0.01%

Current Ratio7.36

Estimates

P/E-5.09

Est P/E0.00

Est EPS-0.07

Est PEG0.00

Valuation

Metric	5Yr Avg	May '23	May '24	May '25	May '26	Oct '26
PRICE-BASED RATIOS
Price / Earnings	-311.36	-27.07	-137.42	-14.54	14.29	-1,392.08
Price / Sales	0.00	0.00	0.00	0.00	0.00	0.00
Price / Book Value	-9.75	-53.32	1.82	0.97	1.33	0.42
Price / Free Cash Flow	-9.06	-31.85	-3.06	-3.24	-5.33	-1.82
ENTERPRISE VALUE METRICS
Enterprise Value	1,083.3	1,879.5	507.6	357.6	1,901.7	770.2
Enterprise Value / Sales	0.00	0.00	0.00	0.00	0.00	0.00
Enterprise Value / EBITDA	-24.51	-31.30	-17.74	-13.10	11.10	-71.52
Enterprise Value / EBIT	-23.89	-30.88	-17.65	-12.64	11.11	-69.41

Financials

Full Financials

Millions USD	5Yr CAGR (%)	Dec '21	Dec '22	Dec '23	Dec '24	Dec '25
INCOME STATEMENT
Revenue	—	-	-	-	-	-
Gross Income	—	-	-	-	-0.0	-
EBITDA	4.3%	-43.8	-60.1	-28.6	-27.3	-51.8
EBIT	4.4%	-44.5	-60.9	-28.8	-28.3	-52.8
Net Income	26.9%	-47.0	-67.8	-5.1	-42.5	-122.1
EPS (Diluted)	9.9%	-0.35	-0.49	-0.02	-0.21	-0.51
BALANCE SHEET
Cash & ST Inv	396.8%	0.9	0.6	195.5	593.9	568.2
Total Assets	292.6%	10.9	27.8	436.9	1,044.9	2,579.0
Total Liabilities	108.5%	52.5	62.3	52.0	99.6	992.4
Total Shareholder Equity	—	-41.7	-34.4	384.9	635.0	1,058.8
CASH FLOW
Net Operating Cash Flow	9.7%	-42.9	-52.0	-39.5	-13.0	-62.3
Cap Ex	347.9%	-1.9	-5.6	-188.9	-177.7	-778.4
Free Cash Flow	108.1%	-44.9	-57.6	-228.5	-190.7	-840.7

Enterprise Value Bridge

Millions USD		11 Nov '26
Price (As of 11 Nov '26)		1.74
Basic Shares		223.28
Market Cap		387.4
Diluted Shares		243.66
Fully Diluted Shares Outstanding		243.66
Fully Diluted Market Cap		422.7
+Consolidated Debt		1,157.5
−In-the-Money Convertible Debt		—
+Capital Leases		21.8
+Operating Leases		—
−Cash & Equivalents		-822.8
−Short-term Investments		-
+Total Preferred		-
−In-the-Money Convertible Preferred		—
−Investments in Unconsolidated Subs		—
+Non-Controlling Interest		532.4
+Pension Liabilities		—
Enterprise Value		1,254.6

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