Lithium Americas Corp.
LACBasic MaterialsNASDAQOther Industrial Metals & Mining · Last scanned May 28, 2026
Scan Results
Daily timeframe1 of 4 indicators bullish as of May 28
Lithium Americas Corp. focuses on developing, building, and operating of lithium deposits and chemical processing facilities in the United States and Canada. The company carries a $1.81B market cap, placing it firmly in the small-cap category. The company's flagship asset is the Thacker Pass project located in the McDermitt Caldera in Humboldt County, northern Nevada, as well as invests in exploration properties in the United States and Canada.
Market Cap
$1.81B
Beta
3.27
P/E (TTM)
—
P/E (Fwd)
-28.09
EPS (TTM)
$-0.45
EPS (Fwd)
$-0.18
ROE
-5.0%
ROA
-1.7%
Cash
$758.5M
Total Debt
$878.4M
Free CF
-$1.30B
52W Change
93.6%
Annual Financials
Cash vs Debt
On the balance sheet, LAC has $758.5M in cash with $878.4M in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow is running at -$1.30B, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. Return on equity stands at -5.0%, which is negative for the sector. ROE measures how effectively a company uses shareholder capital to generate profits.
Lithium Americas Corp.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. Negative free cash flow means the company is currently spending more than it generates, which may require future fundraising or debt if the trend continues. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing LAC.