Lithium Americas Corp. with ticker code (LAC) now have 6 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 44 and 33 with a mean TP of 37.83. With the stocks previous close at 31.15 this now indicates there is a potential upside of 21.4%. The 50 day moving average now sits at 26.38 and the 200 moving average now moves to 27.44. The company has a market cap of $4,323m. Company Website: https://www.lithiumamericas.com
The potential market cap would be $5,250m 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.
