Lithium Americas director Brown buys $2,840 in shares

Director Michael John Brown of Lithium Americas Corp (NYSE:LAC), a mining company with a market capitalization of $697 million, purchased 1,000 shares of common stock on September 5, 2025, according to a Form 4 filing with the Securities and Exchange Commission. InvestingPro analysis shows the company maintains a FAIR financial health score despite current profitability challenges.

The shares were bought at a price of $2.84, for a total transaction value of $2,840, with the stock currently trading at $3.00. Following the transaction, Brown directly owns 6,201 shares of Lithium Americas Corp. Analyst price targets range from $2.50 to $8.00, suggesting significant potential volatility ahead. InvestingPro subscribers have access to 7 additional key insights about LAC’s financial position and growth prospects.

In other recent news, Contemporary Amperex Technology Co Ltd (CATL) announced the suspension of production at a major lithium mine in China. This mine is significant as it is projected to produce about 3% of the world’s total lithium output by 2025. The announcement had a noticeable impact on U.S.-listed shares of lithium companies, which saw a rise in premarket trading. Meanwhile, BMO Capital reiterated its Market Perform rating on Lithium Americas Corp. The firm maintained its $3.50 price target following a site visit to the company’s Thacker Pass project. BMO Capital noted that the project’s timelines and budget appear to be on track, though it is still in the early stages of development. The firm highlighted labor requirements as a key risk, with the need for significant staff increases by the end of 2025 and 2026. These recent developments provide investors with a clearer picture of the current landscape in the lithium industry.

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