Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With LAC Stock Today?
Lithium Americas Corp (LAC) stock is higher by 3.46% while the S&P 500 has fallen -0.17% as of 10:36 AM on Monday, Mar 25. LAC has gained $0.24 from the previous closing price of $6.93 on volume of 1,755,559 shares. Over the past year the S&P 500 is higher by 31.38% while LAC has fallen -14.23%. LAC lost -$0.02 per share in the over the last 12 months.
To see InvestorsObserver's Sentiment Score for Lithium Americas Corp click here.
More About Lithium Americas Corp
Lithium Americas is developing three lithium production assets, two brine resources located in northwestern Argentina and a clay resource in Nevada, U.S. While the company has no current lithium production, we expect the first Argentina resource, Cauchari-Olaroz, to enter production in late 2022. We expect the Nevada project, Thacker Pass, to enter production in the middle of the 2020s and the second brine resource, Pastos Grandes, to enter production in the late-2020s. Lithium Americas plans for all three resources to be fully integrated, selling into the lithium chemical market. The company is also exploring separating into two companies, with assets divided by geography, an Argentina company and a U.S. company.
Click Here to get the full Stock Report for Lithium Americas Corp stock.
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