Lithium Americas Corp. found using ticker (LAC) have now 9 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 42.5 and 30 and has a mean target at 36.94. Now with the previous closing price of 24.88 this now indicates there is a potential upside of 48.5%. The day 50 moving average is 22.03 and the 200 moving average now moves to 24.48. The market capitalisation for the company is $3,384m. Company Website: https://www.lithiumamericas.com
The potential market cap would be $5,024m 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.
