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 44 and 33 with the average target price sitting at 38.25. Given that the stocks previous close was at 21.55 this would indicate that there is a potential upside of 77.5%. The 50 day moving average now sits at 24.09 and the 200 moving average now moves to 27.66. The company has a market cap of $2,759m. Visit the company website at: https://www.lithiumamericas.com
The potential market cap would be $4,896m 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.
