Swiss National Bank lessened its stake in shares of Lithium Americas Corp. (NYSE:LAC – Get Rating) by 0.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 253,200 shares of the company’s stock after selling 800 shares during the quarter. Swiss National Bank’s holdings in Lithium Americas were worth $5,091,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Tradewinds Capital Management LLC grew its holdings in Lithium Americas by 270.6% during the 2nd quarter. Tradewinds Capital Management LLC now owns 1,260 shares of the company’s stock valued at $25,000 after buying an additional 920 shares during the last quarter. Northern Oak Wealth Management Inc. grew its holdings in Lithium Americas by 169.5% during the 1st quarter. Northern Oak Wealth Management Inc. now owns 795 shares of the company’s stock valued at $31,000 after buying an additional 500 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in shares of Lithium Americas by 725.0% during the first quarter. PNC Financial Services Group Inc. now owns 825 shares of the company’s stock worth $32,000 after purchasing an additional 725 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in shares of Lithium Americas by 54.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,648 shares of the company’s stock worth $33,000 after purchasing an additional 580 shares during the last quarter. Finally, Orion Capital Management LLC acquired a new stake in shares of Lithium Americas during the first quarter worth $35,000. Institutional investors and hedge funds own 23.73% of the company’s stock.
Lithium Americas Trading Up 2.5 %
NYSE:LAC opened at $26.40 on Friday. The business’s 50-day moving average is $25.89 and its two-hundred day moving average is $25.27. The company has a debt-to-equity ratio of 0.30, a current ratio of 52.06 and a quick ratio of 52.06. Lithium Americas Corp. has a 12 month low of $18.89 and a 12 month high of $41.56. The firm has a market capitalization of $3.56 billion, a PE ratio of -37.71 and a beta of 1.41.
Analyst Ratings Changes
Lithium Americas Profile
Lithium Americas Corp. operates as a resource company in the United States and Argentina. The company explores for lithium deposits. It owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina; Thacker Pass project located in north-western Nevada; and Pastos Grandes project located in the Salta province of Argentina.
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