Lithium Americas Corp. which can be found using ticker (LAC) have now 9 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 42.5 and 30 calculating the average target price we see $36.61. Now with the previous closing price of $19.74 this would indicate that there is a potential upside of 85.5%. The 50 day moving average now sits at $22.44 and the 200 moving average now moves to $24.13. The total market capitalization for the company now stands at $2,921m. Company Website: https://www.lithiumamericas.com
The potential market cap would be $5,418m 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.
