Lithium Americas Corp vs PPG Industries, Inc. — how do they compare? Lithium Americas Corp trades at $3.08 (market cap $1.01B), while PPG Industries, Inc. trades at $115.63 (market cap $25.79B). The key difference: PPG Industries, Inc. is far larger — about 25.5× Lithium Americas Corp's market cap, and PPG Industries, Inc. pays a 2.56% dividend while Lithium Americas Corp pays none. Which is the better fit depends on your goals.
| LAC | PPG | |
|---|---|---|
Market Cap | $1.01B | $25.79B |
Sector | Basic Materials | Basic Materials |
52-Week High | $10.05 | $131.56 |
52-Week Low | $2.55 | $94.34 |
Enterprise Value | $1.13B | $31.90B |
Dividend Yield | — | 2.56% |
Trailing returns across standard periods
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 →PPG is a global producer of coatings. The company is the world's largest producer of coatings after the purchase of selected Akzo Nobel assets. PPG's products are sold to a wide variety of end users, including the automotive, aerospace, construction, and industrial markets. The company has a footprint in many regions around the globe, with less than half of sales coming from North America in recent years. PPG is focused on its coatings and specialty products and expansion into emerging regions, as exemplified by the Comex acquisition.
Read more on PPG →