Insider Buying: Lithium Americas Corp (LAC) Director Buys 8,500 Shares of Stock
Lithium Americas Corp (TSE:LAC) Director Jonathan David Evans purchased 8,500 shares of the business’s stock in a transaction on Wednesday, October 17th. The shares were bought at an average price of C$4.08 per share, for a total transaction of C$34,680.00.
LAC opened at C$5.38 on Thursday. Lithium Americas Corp has a 52-week low of C$4.58 and a 52-week high of C$14.06.
Lithium Americas (TSE:LAC) last posted its quarterly earnings data on Tuesday, August 14th. The company reported C($0.10) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of C($0.08) by C($0.02). The company had revenue of C$1.10 million for the quarter, compared to analysts’ expectations of C$1.39 million. Lithium Americas had a negative net margin of 1,204.82% and a negative return on equity of 52.25%.
Lithium Americas Company Profile
Lithium Americas Corp. operates as a resource company in the United States. The company explores for lithium deposits. It primarily holds interests in the Cauchari-Olaroz Project located in Jujuy province of Argentina; and the Lithium Nevada Project covering approximately 15,233 hectares of area located in northwestern Nevada.
Featured Story: Initial Public Offering (IPO)
Receive News & Ratings for Lithium Americas Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lithium Americas and related companies with MarketBeat.com's FREE daily email newsletter.