Lithium Americas Corp.: 3Q Earnings Snapshot

November 12, 2019 GMT

VANCOUVER, British Columbia (AP) _ Lithium Americas Corp. (LAC) on Tuesday reported third-quarter net income of $69 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Vancouver, British Columbia-based company said it had profit of 75 cents. Losses, adjusted for non-recurring gains, came to 6 cents per share.

The metals and mining company posted revenue of $1.5 million in the period.

The company’s shares closed at $2.95. A year ago, they were trading at $4.29.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LAC at https://www.zacks.com/ap/LAC