skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. LAC: Hi Team, Can you please provide your opinion on the quarter of these two? [Lithium Americas Corp.]
You can view 2 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi Team,

Can you please provide your opinion on the quarter of these two?

Thanks
Asked by David on August 11, 2023
5i Research Answer:

LAC EPS was 16c vs an expected loss of 17c; cash is $502M. With the upcoming split of the company, and minimal revenue, the release was not overly material. LAC discussed its various projects but didn't really provide any new information. Thacker Pass has started and seems (for now) on track for 2h 2026 production. Nothing in the release gave us any concerns. 

WELL comments are posted; 

Let us help YOU reach your financial goals today!

Start your FREE trial today and enjoy all the benefits of a 5i Membership including:

  • Access to a team of experts ready to answer your investments question 
  • Instant access to over 100,000 archived questions
  • A community of like-minded investors
  • Peace of mind knowing that 5i Research has only YOUR best interests in mind