Shares of Lithium Americas Corp (TSE:LAC) traded up 2.86% during midday trading on Monday, hitting $1.08. 1,263,521 shares of the stock were exchanged. Lithium Americas Corp has a one year low of $0.44 and a one year high of $1.14. The firm has a 50 day moving average of $0.93 and a 200-day moving average of $0.86. The company’s market cap is $325.77 million.
Lithium Americas Corp (TSE:LAC) Director Gabriel Rubacha purchased 50,000 shares of the business’s stock in a transaction that occurred on Thursday, February 9th. The stock was acquired at an average price of C$0.77 per share, for a total transaction of C$38,500.00.
Separately, Canaccord Genuity reaffirmed a “speculative buy” rating and set a C$1.10 price objective on shares of Lithium Americas Corp in a research note on Monday, October 17th.
About Lithium Americas Corp
Lithium Americas Corp., formerly Western Lithium USA Corp., is a resource company. The Company is focused on development of two lithium development projects: the Cauchari-Olaroz project, which is located in Jujuy province of Argentina and the Lithium Nevada project, which is located in north-western Nevada, the United States.