Lithium Americas Corp. with ticker code (LAC) have now 9 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 40 and 30 with a mean TP of 36.39. With the stocks previous close at 21.92 this would indicate that there is a potential upside of 66.0%. The 50 day moving average now sits at 22.51 while the 200 day moving average is 24.85. The company has a market capitalisation of $3,006m. Find out more information at: https://www.lithiumamericas.com
The potential market cap would be $4,991m 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.
