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 26 with the average target price sitting at $36.17. Given that the stocks previous close was at $20.15 this is indicating there is a potential upside of 79.5%. The 50 day moving average now sits at $22.02 and the 200 moving average now moves to $24.11. The total market capitalization for the company now stands at $2,959m. You can visit the company’s website by visiting: https://www.lithiumamericas.com
The potential market cap would be $5,312m 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. is headquartered in Vancouver, Canada.
The company is not paying dividends at this time.
