Lithium Americas Corp. with ticker code (LAC) now have 7 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 44 and 36 with a mean TP of 39.79. With the stocks previous close at 34.63 this would imply there is a potential upside of 14.9%. The 50 day MA is 28.98 and the 200 day MA is 25.19. The company has a market capitalisation of $4,465m. Visit the company website at: https://www.lithiumamericas.com
The potential market cap would be $5,130m based on the market concensus.
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.
