Lithium Americas Corp. found using ticker (LAC) now have 6 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 44 and 33 and has a mean target at 38.25. Given that the stocks previous close was at 22.72 this would imply there is a potential upside of 68.4%. The 50 day moving average now sits at 24.28 while the 200 day moving average is 27.67. The company has a market cap of $2,898m. Company Website: https://www.lithiumamericas.com
The potential market cap would be $4,879m 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.
