Why Is Lithium Americas Corp. (LAC) Stock Down Today?
as of 9:55 AM ET
The reason we found
Thacker Pass cost increase pressures Lithium Americas shares
Lithium Americas raised Thacker Pass Phase 1’s estimated capital cost 31%, from $2.93 billion to $3.83 billion. The additional $900 million increases funding needs and execution risk for the company’s flagship project, plausibly driving today’s nearly 7% decline despite a separate report describing shares as edging higher.
project cost increasehigh confidence
Sources 9
- What's Going On With Lithium Americas Stock Thursday?finnhub.io
- Lithium Americas (TSX:LAC) Stock Could Be Cheap After A Sharp Resetfinnhub.io
- Lithium Americas (TSX:LAC) Resets Thacker Pass Costs, Is The 0.4x P B Valuation Justified?finnhub.io
- Lithium Americas Raises Thacker Pass Phase 1 Capital Cost Estimate to $3.83 Billioninvestorshub.advfn.com
- Lithium Americas Says Thacker Pass Phase 1 Costs Up 31%finnhub.io
- America’s Biggest Lithium Bet Just Got $900 Million Pricierfinnhub.io
- Lithium Americas Raises Thacker Pass Phase 1 Capital Cost Estimate to $3.83 Billionfinnhub.io
- Lithium Americas Raises Flagship Project Cost Estimate By $900M – CEO Says Phase 1 Completion Targeted For Late 2027finnhub.io
- Lithium Americas Provides Thacker Pass Project Updatefinnhub.io
Our call
Sell somedated Nov 11, 2026
Lithium Americas fell 15% over the past five trading days while other materials stocks barely moved, and analysts expect profit to fall 86% next year. We'd look again if the Nov 12 report beats profit forecasts.
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