Lithium Americas Corp vs MGM Resorts International — how do they compare? Lithium Americas Corp trades at $3.07 (market cap $1.01B), while MGM Resorts International trades at $46.57 (market cap $11.86B). The key difference: MGM Resorts International is far larger — about 11.7× Lithium Americas Corp's market cap, and MGM Resorts International pays a 0.03% dividend while Lithium Americas Corp pays none. Which is the better fit depends on your goals.
| LAC | MGM | |
|---|---|---|
Market Cap | $1.01B | $11.86B |
Sector | Basic Materials | Consumer Cyclical |
52-Week High | $10.05 | $50.69 |
52-Week Low | $2.55 | $30.72 |
Enterprise Value | $1.13B | $40.90B |
Dividend Yield | — | 0.03% |
Trailing returns across standard periods
Latest headlines on both assets
Lithium Americas is a resource company focused on developing the Thacker Pass project in Nevada, the largest known lithium resource in the US. It aims to become a major supplier for the electric vehicle battery market.
Read more on LAC →MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Cosmopolitan, Luxor, New York-New York, and CityCenter. The Strip contributed approximately 49% of total EBITDAR in the prepandemic year of 2019. MGM also owns U.S. regional assets, which represented 29% of 2019 EBITDAR. we estimate MGM's U.S. sports and iGaming operations are currently a mid-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM Macau casinos with a new property that opened on the Cotai Strip in early 2018. Further, we estimate MGM will open a resort in Japan in 2027.
Read more on MGM →