Lithium Americas Corp. with ticker code (LAC) now have 9 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 42.5 and 26 suggesting an average Analsyt target price of $36.17. Now with the previous closing price of $19.57 this would indicate that there is a potential upside of 84.8%. It’s also worth noting that there is a 50 day moving average of $21.46 and the 200 day MA is $24.08. The market capitalization for the company is $3,110m. Company Website: https://www.lithiumamericas.com
The potential market cap would be $5,748m 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.
