Lithium Americas Corp. (LAC) closed at $3.05 in the latest trading session, marking a -0.97% move from the prior day. The stock fell short of the S&P 500, which registered a loss of 0.43% for the day.

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...