Lithium Americas Corp. with ticker code (LAC) have now 6 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 40 and 34 calculating the mean target price we have 37.33. Now with the previous closing price of 27.37 this indicates there is a potential upside of 36.4%. The 50 day moving average now sits at 26.65 and the 200 day MA is 26.47. The company has a market capitalisation of $3,490m. You can visit the company’s website by visiting: https://www.lithiumamericas.com
The potential market cap would be $4,760m 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.
