Lithium Americas Corp. – Consensus ‘Buy’ rating and 73.8% Upside Potential

Broker Ratings
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Lithium Americas Corp. which can be found using ticker (LAC) now have 9 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 42.5 and 30 calculating the average target price we see $36.94. Now with the previous closing price of $21.26 this now indicates there is a potential upside of 73.8%. The 50 day MA is $22.66 while the 200 day moving average is $24.16. The market capitalization for the company is $3,207m. Find out more information at: https://www.lithiumamericas.com

The potential market cap would be $5,572m based on the market consensus.

Lithium Americas Corp. operates as a resource company in the United States and Argentina. The company explores for lithium deposits. It owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina; Thacker Pass project located in north-western Nevada; and Pastos Grandes project located in the Salta province of Argentina. The company was formerly known as Western Lithium USA Corporation and changed its name to Lithium Americas Corp. in March 2016. Lithium Americas Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.

The company is not paying dividends at this time.

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