How to Buy Lithium Americas Stock
Lithium Americas Corp
Lithium Americas is a mining company located in British Columbia, Canada, which is part of the Basic Materials sector, and is traded under the ticker LAC on the NYSE exchange.
Lithium Americas stock last closed at $4.49, up 3.22% from the previous day, and has decreased N/A in one year. It has underperformed other stocks in the Other Industrial Metals & Mining industry by N/A percentage points. Lithium Americas stock is currently +17.85% from its 52-week low of $3.81, and -63.73% from its 52-week high of $12.38.
There are currently 161.78M LAC shares outstanding. The market value of LAC is $726.38M. In the past 24 hours, 4.1M LAC shares were traded.
How to Buy Lithium Americas Stock
Not sure how to invest in Lithium Americas stock? Here's how.
- Choose where to buy Lithium Americas stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you choose where to buy Lithium Americas stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Choose your payment method and add your info.
- Evaluate Lithium Americas stock: The Lithium Americas ticker symbol is LAC. Is Lithium Americas stock a good investment? Should you buy shares of LAC? How do LAC's underlying business fundamentals look? Do top analysts think Lithium Americas is a good buy? Why has LAC's stock price moved recently? (Hint: Our stock analysis website can help you figure out if LAC is a good stock to buy).
- Execute your LAC trade: Decide if you will purchase LAC shares at the current market price or use a limit order to buy LAC stock at a given price.
- Get the latest news on your investment in LAC: Create a watchlist to important updates regarding your position in Lithium Americas stock.
Step 1: Choose where to buy Lithium Americas stock
You will need an online brokerage account in order to access the NYSE market and buy LAC stock.
Our recommended brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal information so you are able to invest in LAC today.
How to Create a New Brokerage 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.
- Provide your personal info to create your new trading account.
- Send your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've finished signing up on stock market apps, your next step is to transfer the money for your investment:
Watch the tutorial below if you need help depositing funds into your investment account.
Step 4: Evaluate Lithium Americas stock
Once you have selected the best place to buy Lithium Americas stock, it's crucial to research their stock prior to buying, so you can comprehend the risk and opportunity.
Lithium Americas Metrics
LAC Zen Score
WallStreetZen was created to help everyday investors perform more accurate fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on LAC's stock page.
Is LAC stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge LAC's true value.
Using relative valuations ratios:
- LAC may be undervalued based on its P/B ratio of 1.78x, relative to Other Industrial Metals & Mining industry P/B ratio of 2.14x
You can access more valuation analysis on LAC's stock here.
A look at LAC Cashflows and Balance Sheet
Pros:
- There are more short-term assets than short-term liabilities on the LAC balance sheet.
- There are more short-term assets than long-term liabilities on the LAC balance sheet.
- LAC has a low debt to equity ratio of 0.08.
Cons:
- LAC has $195.52M in cash and short term investments. This is not enough to cover its annual cash burn of $227.79M.
- LAC has cash burn of 227790000. It does not have enough cash and short-term investments to cover this.
Do analysts think it's a good time to buy LAC stock
Out of 3 Equities analysts who give forecasts on LAC, the consensus analyst rating on Lithium Americas is a Hold
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Lithium Americas stock forecast page.
Metrics for Advanced LAC Traders
What are LAC insiders up to?
Over the past 12 months, insiders at LAC have not bought or sold any shares.
Learn more about who owns LAC stock here.
Can I rely on LAC as an income stream?
No, Lithium Americas doesn't provide an income stream by paying out dividends.
LAC Social Trading Data
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Execute your LAC trade
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order is an order 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 given price limit, place a limit order.
Hit the Open Trade button and your broker will place the order.
If you need more info about investing in stocks on eToro, click the how to video below:
Step 6: Get the latest news on your investment in LAC
Now that you own some shares in LAC, you'll want to keep up with your new investment.
Start a watchlist to get notified of important updates regarding your LAC stock.
LAC Feed
How to Buy Stock in Lithium Americas
To reiterate, here are the 6 steps to buy stock in Lithium Americas:
- Choose where to buy Lithium Americas stock
- Create your brokerage account
- Deposit funds into your investment account
- Evaluate Lithium Americas stock
- Execute your LAC trade
- Get the latest news on your investment in LAC
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Lithium Americas, click the button below.
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