Lithium Americas Falls 2.22% as Shares Extend Monthly Slide

Lithium Americas Corp. closed at $2.20, down 2.22% in its latest trading session. The decline was steeper than the S&P 500’s 0.02% loss.

The stock fell 22.15% over the past month, while the Basic Materials sector lost 5.62% and the S&P 500 gained 2.05%, according to the article.

Ahead of its upcoming earnings release, analysts expect a loss of $0.03 per share for the quarter, down 50% from the same quarter a year earlier. Zacks Consensus Estimates project a full-year loss of $0.07 per share and revenue of $0.