Lithium Americas Corp. with ticker code (LAC) have now 6 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 44 and 33 and has a mean target at 37.58. With the stocks previous close at 28.11 this would imply there is a potential upside of 33.7%. The 50 day moving average now sits at 22.87 while the 200 day moving average is 27.71. The company has a market capitalisation of $3,980m. Company Website: https://www.lithiumamericas.com
The potential market cap would be $5,321m 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.
