How to Buy Lithium Americas (Argentina) Stock
Lithium Americas Corp
Lithium Americas (Argentina) is a mining company located in British Columbia, Canada, which is part of the Basic Materials sector, and is traded under the ticker LAAC on the NYSE exchange.
Lithium Americas (Argentina) stock last closed at $5.31, up 1.92% from the previous day, and has decreased 75.56% in one year. It has underperformed other stocks in the Other Industrial Metals & Mining industry by 0.51 percentage points. Lithium Americas (Argentina) stock is currently +38.28% from its 52-week low of $3.84, and -77.23% from its 52-week high of $23.32.
At the moment, there are 160.68M shares of LAAC outstanding. The market cap of LAAC is $853.21M. In the last 24 hours, 789,339 LAAC shares were traded.
How to Buy Lithium Americas (Argentina) Stock
Not sure how to invest in Lithium Americas (Argentina) stock? Here's how.
- Decide where to buy Lithium Americas (Argentina) stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Lithium Americas (Argentina) stock.
- Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Select your method of payment and add your info.
- Analyze Lithium Americas (Argentina) stock: The Lithium Americas (Argentina) ticker symbol is LAAC. Is Lithium Americas (Argentina) stock a good investment? Should you buy shares of LAAC? How do LAAC's underlying business fundamentals look? Do top analysts think Lithium Americas (Argentina) is a good buy? Why has LAAC's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if LAAC is a good stock to buy).
- Place your LAAC purchase: Decide if you will purchase LAAC shares at the current market price or use a limit order to buy LAAC shares at a particular price.
- Keep an eye on your LAAC investment: Create a watchlist to important notifications about your investment in Lithium Americas (Argentina) stock.
Step 1: Decide where to buy Lithium Americas (Argentina) stock
You need a brokerage account to access the NYSE market and buy LAAC shares.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal info so you are able to buy LAAC stock today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create your new trading account.
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Step 3: Deposit funds into your brokerage account
Now that you have finished signing up on the stocks app, you need to deposit funds:
Watch this video walkthrough if you need help depositing money into your investment account.
Step 4: Analyze Lithium Americas (Argentina) stock
After you have identified the best place to buy Lithium Americas (Argentina) stock, it's important to analyze their stock before you invest, so you can comprehend the risk as well as the upside.
Lithium Americas (Argentina) quick stats
Lithium Americas (Argentina) Overview
WallStreetZen was designed to help everyday investors perform better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on LAAC's stock page.
Is LAAC stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge LAAC's intrinsic value.
Using relative valuations measures:
- LAAC may be overvalued based on its P/E ratio of 48.27x, relative to Other Industrial Metals & Mining industry P/E ratio of 20.23x
- LAAC may be undervalued based on its P/B ratio of 1.03x, relative to Other Industrial Metals & Mining industry P/B ratio of 2.2x
- LAAC could be undervalued based on its PEG ratio of 0.46x
You can access additional valuation analysis on LAAC's stock here.
LAAC Financial Health Overview
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the LAAC balance sheet.
- LAAC has $122.29M in cash and short term investments. This is enough to cover its annual cash burn of $66.84M.
- LAAC has a low debt to equity ratio of 0.27.
- LAAC has cash burn of 66837000. It has enough cash and short-term investments to cover this for at least one year.
Negative Financial Indicators:
- Total LAAC debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the LAAC balance sheet.
Is Lithium Americas (Argentina) stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 3 Equities analysts who monitor LAAC, the consensus analyst rating on LAAC is a Hold
It's important to keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Lithium Americas (Argentina) stock forecast page.
Metrics for Advanced LAAC Traders
LAAC Performance Metrics
Last year, LAAC earnings were $1.29B. During the last four year, LAAC's earnings have gone up by -34.56% per year. This was slower than the Other Industrial Metals & Mining industry average of 1.19%.
You can analyze LAAC's earnings and revenue performance here.
Who is buying/selling LAAC?
In the past 12 months, executives and large shareholders at LAAC have not bought or sold any shares.
Research more about who owns LAAC stock here.
Can I get consistent income from LAAC stock?
No, Lithium Americas (Argentina) doesn't provide an income stream by paying out dividends.
What do other investors have to say about LAAC?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your LAAC purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular price limit, use a limit order.
Click the Open Trade button and your broker will execute the order.
If you want additional help with investing in stocks on eToro, click the how to video below:
Step 6: Keep an eye on your LAAC investment
Now that you own some LAAC shares, you'll want to keep up with your new shares.
Create a watchlist to see the latest developments about your LAAC stock.
LAAC Feed
How to Buy Stock in Lithium Americas (Argentina)
To reiterate, here are the 6 steps to buy Lithium Americas (Argentina) stock:
- Decide where to buy Lithium Americas (Argentina) stock
- Create a brokerage account
- Deposit funds into your brokerage account
- Analyze Lithium Americas (Argentina) stock
- Place your LAAC purchase
- Keep an eye on your LAAC investment
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Lithium Americas (Argentina), create a watchlist today.
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