Lithium Americas Corp. (TSE:LAC) Director William Thomas Hodgson bought 3,500 shares of the business’s stock in a transaction dated Monday, April 23rd. The shares were bought at an average cost of C$6.98 per share, for a total transaction of C$24,430.00.
Shares of Lithium Americas traded down C$0.10, hitting C$8.32, during midday trading on Friday, MarketBeat.com reports. The company had a trading volume of 267,579 shares, compared to its average volume of 408,179. Lithium Americas Corp. has a 12 month low of C$3.90 and a 12 month high of C$14.06.
Lithium Americas (TSE:LAC) last released its quarterly earnings results on Thursday, March 29th. The company reported C($0.01) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of C($0.05) by C$0.04. Lithium Americas had a negative return on equity of 52.25% and a negative net margin of 1,204.82%. The firm had revenue of C$0.57 million for the quarter, compared to the consensus estimate of C$1.36 million.
About Lithium Americas
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.
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.