For Q1 FY2026 (ended March 31, 2026), Lithium Americas Corp. reported net income of $4.6 million, a significant increase of 140.2% year-over-year. Diluted EPS was $0.00, flat compared to the prior year. The company held $758.5 million in cash and $1.34 billion in equity, with no long-term debt reported.
•Net income of $4.6M, up 140.2% YoY.
•Diluted EPS of $0.00, unchanged YoY.
•Cash of $758.5M and equity of $1.34B; no long-term debt.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Lithium Americas Corp., a resource and materials company focuses on developing, building, and operating of lithium deposits and chemical processing facilities in the United States and Canada.
The company's flagship asset is the Thacker Pass project located in the McDermitt Caldera in Humboldt County, northern Nevada invests in exploration properties in the United States and Canada. Incorporated in 2023, Lithium Americas is headquartered in Vancouver, Canada.
Lithium Americas Corp. is a resource and materials company focused on the development, construction, and operation of lithium deposits and chemical processing facilities. Its primary asset is the Thacker Pass project, located in the McDermitt Caldera in Humboldt County, northern Nevada. The company also invests in exploration properties across the United States and Canada. Lithium Americas aims to produce lithium, a key component in batteries for electric vehicles and energy storage, thereby supporting the transition to clean energy. The company operates in the other industrial metals and mining industry within the basic materials sector.
Where is Lithium Americas Corp. (LAC) listed and what currency does it trade in?
Lithium Americas Corp. is listed on the New York Stock Exchange (NYSE) under the ticker symbol LAC. Its shares trade in US dollars (USD). The company is headquartered in Vancouver, Canada, and its operations are primarily in the United States and Canada. Being listed on a major US exchange provides liquidity and access to a broad investor base.
What sector and industry does Lithium Americas Corp. (LAC) belong to?
Lithium Americas Corp. operates in the basic materials sector, specifically within the other industrial metals and mining industry. This industry includes companies involved in the exploration, development, and mining of metals and minerals other than the major ones like copper, gold, or iron ore. For Lithium Americas, the focus is on lithium, a critical mineral used in batteries. The company's activities span from resource development to chemical processing, positioning it as a vertically integrated player in the lithium supply chain.
Where is Lithium Americas Corp. (LAC) headquartered and what are its main geographic operations?
Lithium Americas Corp. is headquartered in Vancouver, Canada, and was incorporated in 2023. Its primary operations are in the United States and Canada. The flagship asset is the Thacker Pass project in northern Nevada, which is one of the largest known lithium deposits in the US. The company also holds exploration properties in both countries. This geographic focus allows Lithium Americas to serve the North American market, particularly the growing demand for lithium from domestic battery and electric vehicle manufacturers.