01:55:04 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Lithium Americas Corp (4)
Symbol LAC
Shares Issued 160,047,671
Close 2023-10-27 C$ 9.51
Market Cap C$ 1,522,053,351
Recent Sedar Documents

Globe says Lithium Americas insiders buying shares

2023-10-27 08:12 ET - In the News

The Globe and Mail reports in its Friday, Oct. 27, edition that last year, Lithium Americas announced its intention to separate into two publicly traded companies. The Globe's regular guest columnist Ted Dixon writes in the Who Is Buying and Selling column that on Oct. 3, 2023, the separation took place after the close of trading. Shareholders of Lithium Americas received one share of new Lithium Americas and one share in Lithium Americas Argentina. Mr. Dixon says at the new Lithium Americas, four insiders have spent just over $1.4-million buying shares as the stock slid from its closing value of $16.01 on Oct. 4. The 152,150 shares were bought at an average price of $9.35. The Globe reported on March 22 that Eight Capital analyst Anoop Prihar had reaffirmed his "buy" recommendation for Lithium Americas. In the item he said the shares were trading at a "significant" discount to the company's net asset value. The shares could then be had for $28.56. The Globe reported on Oct. 6 that Stifel analyst Cole McGill started coverage on Lithium Americas with a "buy" recommendation. The shares could then be had for $15.66.

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